- Obama military downsizing leaves U.S. too weak to counter global threats, panel finds
- Sen. Tom Coburn vows to slow down budget-busting bills ahead of recess
- Obama fantasizes about more executive power, signs new order on federal contractors
- Clintons call Klein, Halper, Kessler ‘a Hat Trick of despicable actors’: report
- Boehner accuses Obama of ‘legacy of lawlessness’
- Pro-marijuana group claims responsibility for Brooklyn Bridge flag swap
- Young adults shun Obamacare mostly due to cost: survey
- Stabbing attack on transgender girl, 15, was ‘bias motivated,’ police say
- LGBT adults still lean overwhelmingly toward Democratic Party
- Lawmakers rattled by Syria genocide horrors, call on Obama to act
Businesses pan tax crackdown plan
Question of the Day
Fiscal conservatives and anti-tax groups countered that the Obama plan will produce the opposite of what it intends to do.
“Obama’s proposal will shove jobs and capital out of America and into foreign countries,” said Americans for Tax Reform, pointing out that U.S. companies already pay a higher corporate tax rate of 40 percent domestically than in many other countries, and that forcing them to pay this rate on profits they make internationally will drive operations out of the country.
“It’s a relatively simple matter for a U.S. company with an Irish subsidiary to become an Irish company with a U.S. subsidiary,” the anti-tax group said.
About the Author
- GOP sees little outreach in health care debate
- Obama nears decision on Afghan strategy
- Obama: 'No faith justifies' Fort Hood attack
- Democrats torn on Afghanistan, women's rights
- Obama: No religious faith justifies Fort Hood shootings
Latest Blog Entries
TWT Video Picks
Both parties recognize the Democrats' scam
- Inside the Ring: Israel surprised by Hamas tunnel network
- Israel surprised by Hamas tunnel network
- Obama military strategy too weak for future security, panel reports
- CRUZ: A tale of two hospitals: One in Israel, one in Gaza
- Chicken pox outbreak puts illegal immigrant facility on lockdown
- EDITORIAL: For too many gays, 'tolerance' is a one-way street
- PRUDEN: Cooling the manufactured impeachment panic
- HUSAIN: Fleeing Iraqi Christians find safe haven at the Shrine of Imam Ali
- Feds accept boredom, lack of work as excuses for surfing porn on clock
- Catholic League slams Obama: 'Do Christian lives mean so little to you?'
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world