Tuesday, July 12, 2011

States court California companies - Jul. 12, 2011

States court California companies - Jul. 12, 2011: "NEW YORK (CNNMoney) -- Buffeted by high taxes, strict regulations and uncertain state budgets, a growing number of California companies are seeking friendlier business environments outside of the Golden State."

Rubio: Every Aspect Of Life In America Is Worse Since Obama Took Over | RealClearPolitics

Rubio: Every Aspect Of Life In America Is Worse Since Obama Took Over | RealClearPolitics: "'Every aspect of life in America today is worse than it was when [President Obama] took over. Unemployment higher. Interest rates. The only thing that has gone down in America over the last two years is the value of your home. This president has mismanaged this economy. He has been incompetent in his management of this economy,' Sen. Marco Rubio (R-FL) said on 'Hannity."

General Electric Paid No Federal Taxes in 2010 - ABC News

General Electric Paid No Federal Taxes in 2010 - ABC News: "The top tax bracket for U.S. corporations stands at 35 percent, one of the highest rates in the world. So how is it possible that a giant of American business, General Electric, paid nothing in federal taxes last year, even as it made billions in profit?"

McConnell outlines new proposal on debt ceiling - The Washington Post

McConnell outlines new proposal on debt ceiling - The Washington Post: "Senate Minority Leader Mitch McConnell moved Tuesday to head off a potentially disastrous U.S. default by offering President Obama new authority to raise the federal debt limit without cutting government spending."