Wednesday, December 15, 2010

Taxes and Business

Republicans argue that we must give tax breaks to millionaires and business to create jobs. But, the fact is that American Corporations are sitting on $1.5 trillion in cash. Even if tax policy gives them more, they won't invest it when consumer demand and expectations are low! (Source: Harold Meyerson, New York Times, December 8, 2010)
We need fiscal stimulous, not tax breaks for the rich.

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