Tax Holiday

Oh, not anything as marginally useful and progressive as a payroll tax (which I don’t endorse as being useful in any event in comparison to really useful, progressive and stimulative things like extension of Unemployment benefits and increase in Food Stamps and Women and Infant Care).

Nope, we want to allow corporations to repatriate their tax dodge overseas money at 5 cents on the dollar, losing $70 billion a year in public revenue and enabling not investment in jobs, but instead stock buybacks that reward corrupt CEOs with increased compensation.

(h/t Gaius Publius @ Americablog)


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