subject: Politics, Public Policy And Journalism [print this page] Politics, Public Policy And Journalism Politics, Public Policy And Journalism
OBAMA HAS DONE IT AT LEAST THREE TIMES-
At a time when a child in Boston must compete with children in Beijing and Bangalore, we need any army of you to become teachers and principals in schools that this nation can not effort to give up on. Obama at a college commencement address in connecticut in may 2008.
I Understand that the challenges facing are economy have forced children in Raleigh and Boston to compete for those jobs with children in Bangalore and Beijing-Obama at a speech in north carolina in june2008.
It,s a tax code that say you should pay lower taxes if you create a job in Bangalore, India,then if you create on in Buffalo, Neyork. Obama, announcing a crackdown on tax loopholes on Monday May o4,2009.
The crux of Obama argument is that under current US tax code, American corporations with subsidiaries in foreign countries can defer paying US taxes on the profits of those subsidiaries until the money is transferred back to this country.
As long as those earnings are pumped back into the foreign subsidiaries (which forms do, creting more jobs there), they can avoid paying taxes indefinitely.Congress has to approve the plan, and not all lawmakers are in its favour. past attempts to pass similiar laws have failed. The multinationals may yet torpedo it with stealthy lobbing.
And there are ways to accomplish at least part of that through smart, creative government policy. We have been arguing for the past year that any journalism policy must:
