Corporations got tax breaks for shipping jobs overseas. Now they want tax breaks for brining profits back to the U.S. on the assumption that eventually the profits will be invested in new jobs. No contracts on that please! The problem is that we have the greatest concentration of wealth and income in the fewest hands than any time since the 1920's in this country and no progress towards jobs. This is just letting them have more money in the bank not more money at work. See Huffington Post Business at http://www.huffingtonpost.com/2011/03/24/repatriation-tax-holiday_n_839976.html
A blog about life on the economic margins of America and the world. The writer will also share personal experiences,and comment on spiritual, economic, artistic and other matters including books, films and music. This blog is heavily influenced by the Catholic Workers Movement. Please share our posts and follow us by email or subscription.
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