Monday, September 19, 2011

While Lobbying For Huge Tax Giveaways, Corporations Hoard Record Amounts Of Cash Instead Of Hiring

While Lobbying For Huge Tax Giveaways, Corporations Hoard Record Amounts Of Cash Instead Of Hiring: pAmerican corporations are holding more cash on their balance sheets than at any time in nearly a half century, as they continue to save instead of investing or hiring workers, according to a Federal Reserve report released Friday. At the same time, Republican presidential candidates and corporate leaders continue to lobby for lower corporate tax [...]/p