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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: skinowski who wrote (489803)	6/5/2012 11:43:19 AM
From: John Carragher	Read Replies (2) \| Respond to of 793964

not tariffs but forgiveness on income made in foreign countries to bring back the retained earnings on the books. presently, corporations are holding large sums of cash vs subject them to high corp tax rate in u.s. I am not talking about low income jobs but jobs that were entry level college degree required. when talking with this cpa yesterday i was defending the concentrated graduates in accounting, engineering etc. He said those jobs are not there! at least not in the numbers i had remembered when working a decade or so. He told me companies farmed those job overseas in addition to clerk etc positions. It seems to be it is not just the slow down in the economy but we have had a major job transfer to other countries, like India and Japan. We need to reduce the tax rate on corporations as an incentive to bring back jobs. I expect our graduates in these concentrations like accounting, engineering have grown substantially in the last decade while available jobs have been shrinking. all along i have been thinking college graduates in concentrated courses such as engineering and other sciences had little problem finding employment. I was thinking those who took general courses were the only ones who could not find a decent position.