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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (10229)3/27/2004 5:06:06 PM
From: Peter O'BrienRead Replies (1) | Respond to of 81568
 
Being competitive with other countries isn't "koolaid".

I didn't say that U.S.-based multi-national companies
would completely pull out of the U.S.
I said that, if they made substantial foreign profits,
they would change their incorporation status to avoid
U.S. taxes on those profits (which are now tax-deferred).