"History is a wonderful thing, if only it was true"

Wednesday, May 06, 2009

Tax "Havens"

There seems to be a need for deeper thinking
Corporations are non-national or global.

I dislike the wiff of protectionism

Ross: Obama's Tax Changes Are a 'Huge Mistake' - General * Asia * News * Story - CNBC.com:

"'The part that's more complicated is about the corporations. And it almost sounded as though he was intending to be punitive on corporations that had extensive overseas operations. To the degree that that's true I think it would be a huge mistake, because one of the reasons that many of the U.S. corporations are prospering is in fact their participation in the more rapidly growing markets overseas. And I think that's a very dangerous slope,' Ross said."

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