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


To: tonto who wrote (10325)3/28/2004 8:43:32 AM
From: H-ManRespond to of 81568
 
Agree. Also, this tax holiday idea was introduced last year. There are serious concerns about validating the strategy of the companies. Senator Breaux,(D-LA) pointed out that the holiday rewards those who have shifted their jobs over seas:

"The company that left Louisiana is going to pay a 5 percent tax on the widgets they make overseas, and the company that stayed in Louisiana is going to pay a 35 percent tax. If that isn't an incentive to leave, I don't know what is."