Head of Procter & Gamble blasts Obama tax proposal would cost American jobs & Higher Prices for consumers

The chairman of the world’s largest consumer products maker says a provision in President Barack Obama’s budget proposal regarding income made overseas would cost American jobs and give foreign businesses an unfair advantage.

A.G. Lafley, chief executive officer of the Procter & Gamble Co., said a proposal to limit or end deferred payment of taxes on foreign income would lead to job cuts and higher prices for American consumers and would cost companies billions. Source: MSNBC

Did MSNBC slip-up and report this? I have been saying all along that when taxes are raised on companies that they would farm the taxes on down to the consumers and thats means not only the rich and middle class income but also the poor and low income will be paying more for needed products and food!

I need to keep asking, are you better off today under the Obama rule? I say NO!

LINKS:

(1) “Because they are undeserving of it”

MSNBC host mugged in D.C.

Washington Mayor Adrian Fenty was confronted face-to-face Thursday with some of the district’s crime problems, when it turned out the host of the morning talk show he appeared on had been mugged in the city an hour earlier.

MSNBC’s Mika Brzezinski was mugged outside the Ritz Carlton in Georgetown at about 5 a.m. while waiting for a car to pick her up for the 6 a.m. broadcast of the show she co-hosts with Joe Scarborough, “Morning Joe.”

The anchors did not disclose on air the location or name of the hotel, and did not respond to a question via email, but Mrs. Brzezinski later told the Washington Post it was the Ritz.

SOURCE: Read more here

Not safe to be on the streets!