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Congress / Intelligence Bill / Corporate Taxes #714515

CBS Evening News for Friday, Nov 15, 2002
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(Studio: Dan Rather) Congressional approval of an intelligence bill that includes an independent commission to investigate the September 11 attacks reported.

(Studio: Anthony Mason) Controversy over tax benefit provisions included in the homeland security bill featured; details given about the House’s repeal of the provision preventing offshore companies from getting government contracts; examples cited of companies influenced by the provision, including Tyco and Stanley Works. [Yesterday, Senator Tom DASCHLE – says this is appalling.] [AFL-CIO associate general counsel Damon SILVERS†- speculates on the House’s attitude toward corporate misbehavior.] [University of Michigan business school James HINES†- comments on US tax policies.] [“Financial Times” Amity SHLAES†- says an offshore headquarters is the only option for some companies.]

Rather, Dan;
Mason, Anthony

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