This Week on America’s Business

By September 28, 2007America's Business

Americas Business with Mike HambrickRepresentative Wally Herger (R-CA) is the ranking member on the House Ways & Means Committee’s Subcommittee on Trade. In a hard-hitting interview with host Mike Hambrick, Rep. Herger criticizes organized labor for its reflexive opposition to free-trade agreements, arguing that trade is a proven jobs-creator.

A federal moratorium is set to expire on state and local taxation of Internet access, opening the door to a new array of innovation-discouraging taxes. Broderick Johnson, head of the Don’t Tax Our Web Coalition, makes the case for a permanent moratorium. Another unnecessary burden is the business activity tax, also called cross-state taxation, which hits a business twice when its products are shipped across state lines. Jeffrey Hyde, senior tax counsel for General Electric, explains the problem.

Russia is more and more a place where U.S. manufacturers are doing business, and here to fill us in on the state of affairs there is Andrew Somers, president of the American Chamber of Commerce in Russia.

The NAM initiated a new honor this year to recognize community service by member companies, the Sandy Trowbridge Award. Sandy was the former president of the NAM, much appreciated for his dedication to service. The first recipient is Fairmount Minerals of Chardon, Ohio, the country’s largest producer of industrial sand. Joining Mike to discuss Fairmount’s community involvement is Chuck Fowler, president and CEO.

In our regular segments, Renee Giachino of the American Justice Partnership identifies tort reform’s winners and losers; the NAM’s Hank Cox explores “The Way It Was”; and NAM President John Engler provides “The Last Word,” warning against abuses of the Family and Medical Leave Act.

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