Letter: Corporations don't create jobs if paying less tax
(John Minchillo | The Associated Press) This July 9, 2015, file photo, shows signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. Procter & Gamble shareholders are heading to company headquarters, Tuesday, Oct. 10, 2017, to decide if activist investor Nelson Peltz should join its board. Peltz’s Trian Fund Management has said that P&G’s financial performance over the last 10 years has been disappointing.
By Holly Rio | The Public Forum
| Dec. 14, 2017, 3:28 p.m.
Poor Procter & Gamble. So Joe Tomon of P&G says they can’t compete with peer companies headquartered overseas and need to pay less than 35 percent tax. So sorry that your last quarterly taxes were such a disappointment at $16.5 instead of $16.9 billion.
Don’t believe that corporations will create more jobs if paying less tax; it has never happened!
When will corporations and their shareholders quit being so greedy?
Holly Rio, Draper