CIAO DATE: 08/2010
May 2010
Peterson Institute for International Economics
As presidential candidate, Barack Obama repeatedly advocated tax “reforms” aimed squarely at US-based multinational enterprises (MNEs). As president, he again declared—in the same State of the Union address that laid out an ambitious goal for export expansion—that “it is time to finally slash the tax breaks for companies that ship our jobs overseas, and give those tax breaks to companies that create jobs right here in the United States of America.”
Resource link: Higher Taxes on Multinationals Would Hurt US Workers and Exports [PDF] - 121K