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Kerry tax plan: From simplistic to real.

Knight Ridder/Tribune News Service

| April 01, 2004 | COPYRIGHT 2004 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The following editorial appeared in the San Jose Mercury News on Wednesday, March 31:

X X X

Sen. John Kerry first jumped into the debate over the migration of jobs overseas by blasting what he described as ``Benedict Arnold'' CEOs. It was a simplistic, populist message that raised fears of protectionism.

Now Kerry has a substantive plan for dealing with offshore outsourcing that centers on corporate tax reform. It's a thoughtful, balanced proposal that should put protectionism fears to rest. And there's plenty in Kerry's plan that an export-dependent Silicon Valley ought to like.

Kerry's plan offers a simple tradeoff: It eliminates a ...

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Source: HighBeam Research, Kerry tax plan: From simplistic to real.