Lock.. stock.. and barrel. Nothing benefiting middle class America is going to get through this CONgress or any other one.
The Big Corps are pleading their case ( at this moment) to Charlie Rangel (Dem-New York). I'll be shocked... shocked I tell you.. when the tax bill fails and the tax payers are left holding the bag. i.e. BOHICA.. (Bend over.. here it comes again)
(snip)“What Microsoft wants to do is deduct the cost at a high tax rate and report the profits at a low tax rate,” Bosworth said. “Relative to where they are now, the administration’s proposals are less favorable, so there will be some rebalancing on their part.”
Ballmer is one of 10 U.S. software company executives pushing back against the tax proposals in meetings today with White House officials including Jason Furman, deputy director of the National Economic Council, and the heads of congressional committees such as House Ways and Means Committee Chairman Charles Rangel, a New York Democrat.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3yutzL3xApI