Qtec
12-20-2010, 04:04 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The “U.S.” part of the U.S. Chamber of Commerce is a misnomer. As ThinkProgress reported, the Chamber represents dozens of foreign businesses in the United Kingdom, France, Germany, Russia, Bahrain, India, Brazil, and other countries. An investigation of the Chamber turned up recent fundraising documents from the Chamber soliciting foreign contributions to the Chamber’s 501(c)(6), the tax entity the Chamber used to run nasty campaign ads against Democrats earlier this year.
In September, <span style='font-size: 14pt'>the Chamber sent a letter officially opposing the 9/11 first responders bill, called the “James Zadroga 9/11 Health and Compensation Act of 2010.</span>” The Chamber warned that <span style='font-size: 17pt'>ending the tax loophole </span>would “damage U.S. relationships with major trading partners” and “aggravate already unsettled financial markets.” A lobbying disclosure filed with the Senate confirms the Chamber contacted lawmakers to help kill the bill. </div></div>
Here it is. This is the group that funds the GOP.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Letter <span style='font-size: 20pt'>Opposing a Provision, Included in H.R. 847, the "James Zadroga 9/11 Health and Compensation Act of 2010,"</span> Related to the Taxation of Foreign Owned Companies
Release Date:
Tuesday, September 28, 2010
TO THE MEMBERS OF THE U.S. HOUSE OF REPRESENTATIVES:
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, urges that a provision related to taxation of foreign owned companies be removed from H.R. 847, the “James Zadroga 9/11 Health and Compensation Act of 2010,” because H.R. 847 is an inappropriate vehicle for such esoteric and unrelated concerns.
<span style='font-size: 20pt'>The Chamber strongly opposes a tax on foreign-owned companies doing business in the United States.</span> The provision included in H.R. 847 would raise taxes on foreign corporations that invest and create jobs domestically, would discourage foreign investment in the United States, override long-standing tax treaties, damage U.S. relationships with major trading partners, and could prompt retaliation by foreign governments against U.S. companies operating abroad.
Furthermore, the provision would further aggravate already unsettled financial markets. At a time when governments around the world are enhancing their companies’ competitiveness by cutting corporate taxes, this provision would create an even more hostile tax environment in the United States. Such a provision sends precisely the wrong message to those firms wanting to invest in America.
This taxation provision should not be shoehorned into H.R. 847, which is legislation targeted at the needs of some responders to the 9/11 terrorist attack. Should Congress seek to consider tax-related legislation during the few remaining session days before the election, the Chamber believes Congress should take up legislation that would help promote economic growth, especially legislation to extend all of the expiring 2001 and 2003 tax provisions and the tax provisions that expired at the end of 2009.
Sincerely,
R. Bruce Josten
</div></div>
What he really meant was........ screw the saps who were too stupid to get any where near ground zero with all that toxic dust in the air............its there own fault....why should we give them a handout?
In September, <span style='font-size: 14pt'>the Chamber sent a letter officially opposing the 9/11 first responders bill, called the “James Zadroga 9/11 Health and Compensation Act of 2010.</span>” The Chamber warned that <span style='font-size: 17pt'>ending the tax loophole </span>would “damage U.S. relationships with major trading partners” and “aggravate already unsettled financial markets.” A lobbying disclosure filed with the Senate confirms the Chamber contacted lawmakers to help kill the bill. </div></div>
Here it is. This is the group that funds the GOP.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Letter <span style='font-size: 20pt'>Opposing a Provision, Included in H.R. 847, the "James Zadroga 9/11 Health and Compensation Act of 2010,"</span> Related to the Taxation of Foreign Owned Companies
Release Date:
Tuesday, September 28, 2010
TO THE MEMBERS OF THE U.S. HOUSE OF REPRESENTATIVES:
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, urges that a provision related to taxation of foreign owned companies be removed from H.R. 847, the “James Zadroga 9/11 Health and Compensation Act of 2010,” because H.R. 847 is an inappropriate vehicle for such esoteric and unrelated concerns.
<span style='font-size: 20pt'>The Chamber strongly opposes a tax on foreign-owned companies doing business in the United States.</span> The provision included in H.R. 847 would raise taxes on foreign corporations that invest and create jobs domestically, would discourage foreign investment in the United States, override long-standing tax treaties, damage U.S. relationships with major trading partners, and could prompt retaliation by foreign governments against U.S. companies operating abroad.
Furthermore, the provision would further aggravate already unsettled financial markets. At a time when governments around the world are enhancing their companies’ competitiveness by cutting corporate taxes, this provision would create an even more hostile tax environment in the United States. Such a provision sends precisely the wrong message to those firms wanting to invest in America.
This taxation provision should not be shoehorned into H.R. 847, which is legislation targeted at the needs of some responders to the 9/11 terrorist attack. Should Congress seek to consider tax-related legislation during the few remaining session days before the election, the Chamber believes Congress should take up legislation that would help promote economic growth, especially legislation to extend all of the expiring 2001 and 2003 tax provisions and the tax provisions that expired at the end of 2009.
Sincerely,
R. Bruce Josten
</div></div>
What he really meant was........ screw the saps who were too stupid to get any where near ground zero with all that toxic dust in the air............its there own fault....why should we give them a handout?