In those countries where income taxes are lower than in the United States, the ability to defer the payment of U. S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
In the final analysis, the general principle for our economic development in China is still that formulated by Chairman Mao, that is, to rely mainly on our own efforts with external assistance subsidiary.
The economy is a wholly owned subsidiary of the environment, not the reverse.
I didn’t and don’t want to be a ‘feminine’ version or a diluted version or a special version or a subsidiary version or an ancillary version, or an adapted version of the heroes I admire. I want to be the heroes themselves.
Populism is at its essence [. . . ] just determined focus on helping people be able to get out of the iron grip of the corporate power that is overwhelming our economy, our environment, energy, the media, government. [. . . ] One big difference between real populism and what the Tea Party thing is, is that real populists understand that government has become a subsidiary of corporations. So you can't say, let's get rid of government. You need to be saying let's take over government.
