Davos, Switzerland (CNNMoney) – Cisco Systems CEO John Chambers said Thursday that doing business in Russia is easier than in the United States.
Chambers also told CNNMoney's Poppy Harlow that he endorses businessman and former Massachusetts Gov. Mitt Romney for president.
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If corporations are People, then shouldn't they pay the same tax rates that People pay? Including an AMT.
Regardless of all of the rhetoric from Obama, doing business in the United States is difficult. American companies are at a distinct disadvantage and it is the burden of the Federal Government and their tax policies.
Who is this helping? Russia, China, Ireland...
We need to fix this for the sake of our economy and our future. Obama is not the guy to fix it. He only cares about political plays and this approach only makes it worse. We do not need a partisan hack. We need a manager like Mitt Romney to fix these crippling problems.
Rudy NYC
If corporations are People, then shouldn't they pay the same tax rates that People pay? Including an AMT.
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No. Although I agree with you that corporations really are organizations made up primarily of people and the things they do to contribute to the economy, the implications of economics and tax policy are more complicated than that. Because we live in a global economy whether you like it or not American companies need to be competitive globally. This is important for our economy and of course, our people. It is difficult for American companies to compete globally with the super high taxes they are forced to pay. It does our country no good. We are living that problem with greater than 8% unemployment and companies leaving every day. We need to fix this and we are running out of time.
How many successful Presidents have we had that were successful CEOs? None.
How many bad Presidents have we had that were successful CEOs? Several, including Bush-43
I think both parties have idea that coud serve the country' interest. The problem is bringing both political solutions together in the interest of our country. How to navigate this is a problem.
Four and The Door:
American companies are at a distinct disadvantage and it is the burden of the Federal Government and their tax policies.
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100 of the largest corporations in America pay *zero* in taxes. You make an empty argument.
Rudy NYC
How many successful Presidents have we had that were successful CEOs? None.
How many bad Presidents have we had that were successful CEOs? Several, including Bush-43
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How many failed Presidents have we had that were successful Community Organizers? One. Barack Obama.