As America continues on the path to a full and robust economic recovery, business leaders are working alongside President Obama and Congress to forge a path forward, create new jobs, and usher in a new era of economic health.
Public policy can serve as an important catalyst for recovery or severely damage the momentum the economy seems to be gaining. It is important that we build on this momentum and establish a foundation for long-term, sustainable growth that will benefit American workers. During these fragile economic times, we need policies that foster growth; however, the current proposal to raise taxes on American companies that do business overseas by an estimated $200 billion over 10 years will do just the opposite.