Quote:
Originally Posted by geeker2
Obama’s own Commission on Fiscal Responsibility and Reform, aka, the Simpson-Bowles Commission came out in favor of a "territorial tax system".
Erskine Bowles:
“..…If we stay on a worldwide system and you almost force companies to leave those dollars overseas, then naturally if they’re going to have to pay a big tax on those dollars to bring them back, I think the likelihood is more probable that they’re going to create the jobs somewhere else rather than here. That’s one of the principal reasons I support a territorial system in addition to the fact that everybody else in the world has gone to it with the exception of us.”
Who is Roger Bybee?
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Are
you in favor of a "territorial tax system?" Whether you are, or are not, will color who you vote for this fall, because it's a pretty damn big thing regarding the future of this economy. So you probably need to make up your mind rather quickly.
I'm not. Romney is. Obama isn't.