VIDEO ON MSN MONEY
Depressing. How would you even know these were foreign companies?
I paid a lot extra to get Firestone tires on my tractor because I wanted USA.
This is really depressing.
Of Course they do pay taxes. As the matter of fact, there are 100s of foreign corporations
like Sanofi from France, Nestle from Switzerland, BASF, BMW, Bayer, Siemans, VW, Turner Construction from Germany, this is just a small list.
Unlike General Electric, these companies pay taxes in addition to providing jobs in the US.
By the way, Merck owned by Germans, and US government cofiscated in 1917. Skype used to own by Estonian company, and bought by Microsoft a couple of years ago.
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[BRIEFING.COM] The S&P 500 trades higher by 0.2%.
Just reported, existing home sales hit an annualized rate of 5.15 million units in July, while the Briefing.com consensus expected a reading of 5.00 million. The pace for July was up from the prior month's revised rate of 5.03 million units (from 5.04 million).
The Philadelphia Fed Survey for August jumped to 28.0 from 23.9. Economists polled by Briefing.com had expected that the Survey would slip to 15.5.
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