Kerry Says He Will End Overseas Tax Breaks

[joeunderdog]

WASHINGTON - John Kerry (news - web sites), promising to create 10 million jobs and keep them in America, said Friday he would cut corporate taxes by 5 percent and eliminate tax loopholes that push jobs overseas.

snip

Kerry also may be second-guessed by Democrats who would prefer to transfer his plan's savings to more targeted jobs initiatives or programs that benefit middle-class voters.

But he settled on a blend of loophole-cutting populism and business-friendly moderation, casting his package as jobs-producing tax reform. Polls show jobs are the top issue with most voters, and Kerry is viewed as best suited to improve the economy. Terrorism is the No. 2 issue, and most voters say they trust Bush most to protect the nation.

snip

Another senior Democratic official advising the Kerry campaign said the candidate missed an opportunity to court middle-class voters. The official spoke on condition of anonymity. Campaign spokeswoman Stephanie Cutter said Kerry has promised to extend Bush's middle-class tax cuts, and has other programs in mind for such voters.


http://story.news.yahoo.com/news?tmpl=story&cid=694&e=2&u=/ap/20040326/ap_on_el_pr/kerry_economy

[cyclezealot]

1. Not good enough

. Taxes are cheap overseas also...The draw of cheap, cheap labor is the biggest card in downsizing. Good pr,probably.

[madrchsod]

2. i thought this wasn`t a real

report but i guess it is.. that whole statement is dumb. i really thought kerry was smarter than this but i guess not.

[The Backlash Cometh]

3. Just curious, what is your party affiliation?

If a Democrat, are you a right-leaning, or left leaning Dem?

I just want to put your comments into perspective.