RWmedia: Dems offer no plans. Me: Media won't DISCUSS Dem's offered plans

[blm]

Kerry outlined a solution for Iraq throughout the campaign and even again last month in his op ed piece The Speech the President Should Give.

He's pushing the Kid's First Healthcare bill where ALL children are guaranteed healthcare in this country.

Now, he's written an op ed for the Financial Times, offering a common sense solution to the revenue problem and the unfair policies that benefit corporations who put their money in overseas ventures to ESCAPE paying their taxes.



http://news.ft.com/cms/s/dc9e44e0-fa16-11d9-b092-00000e2511c8.html

>>>>
Today, our tax policy rewards US multinational companies for locating operations abroad and reinvesting profits overseas. It is hard to imagine a more backward policy. By allowing companies to defer paying taxes on foreign income until they bring it home, we invite a double-whammy on our economy. First, companies have a tax advantage to move jobs overseas. Corporate taxes are, on average, one-third lower abroad. Second, companies face a tax when they bring earnings back and, therefore, have an incentive to reinvest profits in foreign economies.

In sanctioning these foreign tax havens, US companies who choose to stay at home suffer a disadvantage. Not only is this bad for business and a strain on capital; it is a disaster for American workers. There are 1.6m more unemployed Americans today than there were in 2000.

I propose a two-step solution. First, eliminate this perverse incentive for companies to house operations overseas. Second, use the tax savings to lower the corporate tax rate across the board at home. This means taxing companies on the profits of their foreign subsidiaries as they earn them, just like domestic profits. US companies must remain competitive in a global economy, so deferral would still be permitted for income earned when a company houses production in a foreign country solely to serve its market. But if you open a call centre in India to serve American customers, you have to pay taxes just like call centres in the US do.

Now is the perfect time for this policy. Tax legislation passed last year allows companies to repatriate profits at a reduced tax rate for a one-year period. Whatever you think about repatriation - and I believe the current tax holiday will do more harm than good because there is no guarantee of reinvestment in new jobs - this is the logical time for real reform. The policy I am proposing will bring a significant increase in tax revenue.

[zbdent]

1. I suggest that we have a few people during the day who can watch

a specific news channel each.

Especially in the 2007/2008 election season, when a Dem comes on to do a statement/press conference, the watchers keep an eye on when the "coverage" cuts away for the latest anal breeze by the Repub candidates - or George w. Bush's latest distraction conference.

As soon as it happens, a message is mass-mailed to as many members of DU as possible - and the reference includes the offending "news channel". The recipients of said e-mail read it and then complain (via e-mail) to the "news channel" ASAP.

This should let them know we're watching them . . . use their typical avoidance of covering a Dem's plans. This is why nobody was "able to tell what the Dems stood for" in 2004. Nobody got to see it. You had to go on the internet to get it - and the general population does not have the time to actually do their homework . . .

[blm]

2. If the DNC doesn't expose the GOP control of the media before 2006, there

certainly won't be time or will to expose them before 2008.

Same with the voting machines.