Alan Auerbach Explains Why Big Business Opposes International Tax Reform

Forum with Michael Krasny, May 6, 2009 Host Michael Krasny
http://www.kqed.org/epArchive/R905060900

“We have this way of thinking of corporations as having a national identity: American corporations, German corporations, and so forth. But corporations can move or new corporations can chose where to locate, and what we are talking about here is raising the taxes on certain American corporations. And there are corporations that are based in other countries that will not be affected by this. So the corporations that have been expressing concern are thinking not only perhaps about moving themselves but also about losing their competitive edge to their competitors in other countries.”