This morning Frank Knapp joined Sen Carl Levin in a press conference in support of the Stop Tax Haven Abuse Act. FOR IMMEDIATE RELEASE: Contact: Bob Keener617-610-6766bobkeener@businessforsharedpropsperity.org Business Leaders Join Senator Levin to Support New Stop Tax Haven Abuse Act Bill Would Close Tax Loopholes, Raise Needed Tax Revenue, Level Playing Field forBusiness, and Keep […]
Off Shore Tax Haven Read More »
Bill Would Close Tax Loopholes, Level Playing Field for Business, and Keep More Profits, Jobs in U.S. Business for Shared Prosperity Washington DC, July 12, 2011 – Business leaders endorsed the new “Stop Tax Haven Abuse Act” at a press conference with Senator Carl Levin today. The legislation would close offshore tax haven loopholes used
The below is an editorial from the New York Times.———————————————————————————– The NY TimesJune 26, 2011 Whose Stimulus? Big businesses are telling Washington that they are willing to do their bit for the economy — if the price is right. Multinational companies say they could repatriate hundreds of billions in foreign profits and pump them into domestic
Boeing is here! Yeah! And it only cost the taxpayer about $225,000 per new job. Don’t get me wrong. I’m glad Boeing came to South Carolina just as I’m glad that Amazon.com is building a distribution center here also (just wish we hadn’t thrown all our other retailers under the bus to get Amazon). But
Reducing unemployment by 45% Read More »
Message from the American Sustainable Business Council: Why Should Apple, Kodak and Pfizer Get Another Giant Tax Break? A coalition of multinational corporations – including many household names – is pushing for a massive tax holiday on profits they’ve parked overseas. George Bush gave out a similar tax holiday to U.S. multinationals in 2004. Back
Stop the multinational corporation tax break Read More »
Around midnight last night in Senate, Amazon finally overcame strong opposition to win an exemption from collecting sales tax on in-state purchases. Only the House agreeing to some Senate amendments stands in the way of the retail giant building a new distribution center in Lexington County. While we were on the losing side, the team
Amazon customers: Start paying your sales tax because now there is a record Read More »
Below are two must-read editorials from this weekend. The first by Cindi Scoppe, Associate Editor of The State, accurately analyzes the meaning of the recent House vote to give Amazon.com an exemption from collecting sales tax. But most legislators acknowledge that there was a serious question of fairness in this case. So what’s the cost
According to newspaper accounts, this past Tuesday night Amazon executive Paul Misener called Representative Kenny Bingham to say that the retail giant was willing to increase the number of jobs and investment in the state to help win House approval of the Amazon.com sales tax deal. This came after over a month of intense lobbying
What’s the value of our advocacy? How about $35 million and 751 jobs! Read More »
Several weeks ago the S.C. House voted overwhelmingly against throwing small retailers across the state under the bus in order for Amazon.com to build a distribution center in Lexington County. The rejection of giving the retail giant the unique exemption from collecting sales tax on in-state sales led to Amazon declaring that they would not build
More reasons to oppose Amazon sales tax deal Read More »
The opinion editorial below by Frank Knapp ran today in The State.———————————————————————————————- Better use for Amazon’s incentive dollars By FRANK KNAPP JR. When the S.C. House voted to support our state’s small retailers by not giving in to Amazon.com’s incentive demands to build a distribution center, predictions of doom erupted. One Lexington County councilman said
Better use for Amazon’s incentive dollars Read More »
