Tuesday, May 5, 2009

Business Leaders Speak Out on Tax Crackdown

Members of the business community today are starting to sound off in opposition to President Obama's new plan to crack down on offshore tax evasion, denouncing the initiative as a ''foolish'' program that would do more harm than good. Critics argue the president's effort to raise taxes on the overseas profits of U.S. companies could damage U.S. multinational corporations.

''t's not fair to treat U.S. businesses worse than their foreign competitors''

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