Mr. Greider says: "President Obama has taken an important step toward changing this system with his recent proposals for taxing US multinationals more aggressively." My response is that it makes no sense to handicap American companies dealing in foreign areas.
A good example is Sherwin-Williams, which manufactures here, but exports and runs paint stores in Latin America and Canada. Another one is Orbit International, making backup power supplies here, with worldwide wide sales.
Are those what we want to punish?
John D. Froelich
Upper Darby, PA
May 11 2009 - 4:07am