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FreakinDJ

(17,644 posts)
Tue Jan 3, 2012, 10:15 AM Jan 2012

Washington knows to get America working again they have to change Corp Tax Code [View all]

It’s quite possibly the only thing Grover Norquist and Bill Clinton have ever agreed upon. Of course Norquist insisted they would have to Cut Corporate Taxes, while both agreed a “Stream-lining”, an elimination of all the “Special Interest Loop Holes” would restart the economy and spur hiring again.

Currently the US Corporate Tax Code rewards MultiNational Corporations / Wall St. Conglomerates with Tax incentives to Offshore manufacturing facilities. So much so the Corporate Tax Code should be renamed “The China Express”

It also hinders and suppresses “Start-Ups”, the Cottage Industries that have long been touted and statistically proven to be the real “Job Creators” of the American Economy.

What is Washington doing about it – Absolutely Nothing

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