Reply #68: Obama is subsidizing the next round of business lay-off's with our money -- !!! Great!!! [View All]

[defendandprotect]

And thanks to Robert Reich we know that!!


Republicans and corporate lobbyists have been demanding tax cuts on corporate investments for one reason: Big corporations are investing in automated equipment, robotics, numerically-controlled machine tools, and software. These investments are designed to boost profits by permanently replacing workers and cutting payrolls. The tax breaks Obama is proposing would make such investments all the more profitable.