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.

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

Union Calls For Foreign Profits Tax To Fund Health Reform