According to the Roll Call report in today’s newspaper, Sen. Pete Domenici voted to protect a tax code subsidy that corporations enjoy on profits from sales of foreign subsidiaries.
No mastter that they deliberately move operations overseas and sell the exact same product back home - they still get the break.
Of course, when opersations leave, so do jobs.
Pete thinks that's peachy. So did 59 others. Only 39 voted no, Jeff Bingaman among them.
I don’t think the "war on terrorism" was invented to hide the reality of corporate America, but that is precisely what it does.