Headlines October 05, 2011 Full Show | First Story >
Study: Corporations Laid Off Workers Following Tax Holiday
A new report is warning against a proposed tax holiday on overseas profits that corporate proponents say will boost the economy. According to the Institute for Policy Studies, 10 major corporations fired workers right after enjoying a tax holiday in 2004-2005. Overall, 58 corporations cut more than 600,000 jobs after collectively saving some $64 billion in taxes. Overseas profits are currently taxed at the 35 percent corporate rate; a proposed measure in the Republican-controlled House would reduce that to a one-time rate of just over five percent.
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By Amy Goodman with Denis Moynihan
Gen. John Allen, commander of U.S. Forces Afghanistan, spoke Wednesday at the Pentagon, four stars on each shoulder, his chest bedecked with medals. Unlike Allen, many decorated U.S. military veterans left the streets of Chicago after the NATO summit without their medals.
In an extended interview, David Bronner, president of Dr. Bronner’s Magic Soaps, discusses the history of the company, why they put sustainability and social justice ahead of profits, the organic and GMO labeling movements, the U.S. war on hemp, and why they refuse to sell out. [includes rush transcript]
Human Rights Watch’s Kenneth Roth examines why the U.S. has not pressured Bahrain to release pro-democracy activists. He also discusses Syria and the conditions in Israeli jails and courts that prompted 1,550 Palestinian prisoners to go on a hunger strike. [includes rush transcript]




