The administration is right to call for closing this loophole and if we went to a system of territorial taxation, the correct course would be to go farther and disallow deduction of foreign interest expense, rather than just deferring it.
FORBES: Good and Bad International Corporate Taxation
2.
They demand more government regulation, taxation and policing to secure their own welfare and security at the expenseof everyone else.
FORBES: No, President Obama, You Don't Boost The Middle Class Through Government Growth