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Thursday, December 8, 2011

postheadericon Big business tax holidays are bad for small business, bad for America

If small business owners decided to stop paying our fair share of taxes, we'd be sent to jail. Big business tax dodgers want Congress to reward them with a tax holiday.

The U.S. Women's Chamber of Commerce strongly opposes legislation in Congress that would reward U.S. multinational corporations with massive, unwarranted tax discounts to bring back hundreds of billions in U.S. profits they shifted offshore to avoid paying taxes in the first place.

So called "Repatriation Tax Holidays" are nothing more than unfair, anti-American giveaways to big businesses that have lobbying and political donor clout in Washington, D.C.

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