Description:Â Â Â Cisco’s John Chambers says the 33% tax rate on foreign profits prevents companies from repatriating the money and creating jobs.
Source: CNNMoney.com â€“ video report
Questions for discussion:
- Where are Ciscoâ€™s profits invested in todayâ€™s global economy?
- How is this issue a business, economic, and political issue?
- Is there a way to mitigate the drain on lost profits to the U.S. economy?