View Single Post
  #1   Report Post  
posted to rec.boats
HK HK is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Union Calls For Foreign Profits Tax To Fund Health Reform



Union Calls For Foreign Profits Tax To Fund Health Reform


WASHINGTON (Dow Jones)--U.S. labor unions are joining a push by the
Obama administration to raise taxes on the foreign profits of U.S.
multinationals. An AFL-CIO official will urge a Senate committee Tuesday
to use the proceeds from Obama's tax changes - as much as $210 billion -
to help fund an overhaul of the U.S. health-care system.

- - -

That's a start, though I'm sure the rate of the tax would be too low.