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Old 09-25-2012, 08:53 AM
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geeker2 geeker2 is offline
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Join Date: Apr 2007
Location: San Diego
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Obama’s own Commission on Fiscal Responsibility and Reform, aka, the Simpson-Bowles Commission came out in favor of a "territorial tax system".

Erskine Bowles:

“..…If we stay on a worldwide system and you almost force companies to leave those dollars overseas, then naturally if they’re going to have to pay a big tax on those dollars to bring them back, I think the likelihood is more probable that they’re going to create the jobs somewhere else rather than here. That’s one of the principal reasons I support a territorial system in addition to the fact that everybody else in the world has gone to it with the exception of us.”

Who is Roger Bybee?
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