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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    "The Look of Silence": Will New Film Force U.S. to Acknowledge Role in 1965 Indonesian Genocide?
    October 1 marks the 50th anniversary of the beginning of the 1965 genocide in Indonesia that left over one million people dead. Human rights groups are circulating petitions calling for the U.S. government to acknowledge its role in the genocide and to release CIA, military and other governmental records related to the mass killings. The United States provided the Indonesian army with financial, military and intelligence support at the time of the mass killings. Today we look at the pursuit of one Indonesian man confronting his...

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