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Big Business has some issues with Obama's new rules

CORPORATE TAXES

Proposals to raise taxes on foreign earnings would harm the ability of companies to compete overseas.

TRADE DEALS

Incomplete free-trade pacts with South Korea, Colombia, and Panama put U.S. companies at a disadvantage to foreign competitors.

FINANCIAL REGULATION

The financial overhaul requires companies to post collateral for derivatives trades, raising hedging costs. It also lets shareholders nominate directors, allowing special interests to shape boards.

LABOR RELATIONS

Proposed "card-check" legislation making it easier for unions to organize would eliminate secret union ballots and would have a "devastating impact" on business.

GREENHOUSE GASES

Environmental Protection Agency proposals to limit carbon emissions will raise costs and lead to layoffs by manufacturers.

BROADBAND

The Federal Communications Commission's Net neutrality proposal, which would prevent Internet providers from varying download speeds, will make it hard to handle traffic efficiently.

Data: Business Roundtable


The Aging of Abercrombie & Fitch
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