Corporations claim that if they just get an enormous tax holiday, they'll create tons of jobs. They are lying. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think...
========== ALL RIGHT.TYT
INVESTIGATES IS DOING A SERIESON THE TRUMP TAX CUTS.THEY
LIKE TO CALL IT TAX REFORM.WERE GOING TO TALK ABOUT A PART
OF THAT RIGHT NOW AND WE HAVESOME FORMER GEORGE W. BUSH
OFFICIALS ON THE RECORD THATTALKED TO TYT AND WE ARE GOING
TO QUOTE THIS WE GUYS GIVE YOUCONTEXT ON WHETHER TAX CUTS
ACTUALLY LEAD TO JOBS AS TRUMPADMINISTRATION CLAIMS.1ST OF
ALL, THE STORY GOES BACK TO 2004BECAUSE THIS IS THE LAST TIME
THEY WERE THINKING ABOUT DOINGWHAT THEY CALL A TAX HOLIDAY OR
TAX REPATRIATION.THE REASONFOR THIS IS THAT A LOT OF MAJOR
COMPANIES, THEY CALL THEMSELVESCORPORATE AMERICA, BUT THEY ARE
NOT.THEIR MULTINATIONALCORPORATIONS.THEY ARE OWNED
AND RUN BY PEOPLE ALL OVER THEWORLD.THEY HAVE NO ALLEGIANCE
TO AMERICA WHATSOEVER.THEYMAKE A LOT OF MONEY ABROAD,
NOTHING WR...
