Jennifer Granholm Quotes
Bain also asked Kansas City for a $3 million tax break. The Bain executives were taking home $36 million in borrowed funds and were asking Kansas City to forfeit $3 million in public money for police officers, roads and schools? More free stuff!
Referring to large corporations receiving substantial tax advantages and other subsidies:
When Congress passed the laws giving tax relief to corporations, the purpose was to tax only the profits that were made by United States operations. Congress and the President never dreamed that American corporations would be so greedy and unpatriotic that they would actually move the headquarters of an American Corporation and turn it into a foreign corporation in a country with little or no corporate taxes, and the set up their accounting system so that most of the money would be “made” by the headquarters and not by the operating companies in the U. S. or other countries that had corporate taxes.
Jennifer Mulhern Granholm is a Canadian-American politician, lawyer, educator, author, and political commentator serving as the 16th United States secretary of energy. A member of the Democratic Party, she was the 47th governor of Michigan from 2003 to 2011. She was the first woman to serve as Michigan's governor, and she earlier served as attorney general of Michigan.