So what was Carly's role in all of this? Pretty minimal. Hewlett Packard was part of a lobbying group formed by multinational corporations and trade associations called the Homeland Investment Coalition. I can't really see any information that HP was at the forefront of this campaign or anything as I remember just about every large corporation wanted this act enacted.
Also, importantly this had strong bi-partisan support. Here is the list of Senators voting for it (it passed the Senate by a vote of 69-17):
YEAs ---69 | ||
Alexander (R-TN) Allard (R-CO) Allen (R-VA) Baucus (D-MT) Bayh (D-IN) Bennett (R-UT) Bingaman (D-NM) Bond (R-MO) Breaux (D-LA) Brownback (R-KS) Bunning (R-KY) Burns (R-MT) Cantwell (D-WA) Chafee (R-RI) Clinton (D-NY) Cochran (R-MS) Coleman (R-MN) Conrad (D-ND) Cornyn (R-TX) Craig (R-ID) Crapo (R-ID) Daschle (D-SD) Dayton (D-MN) | Dole (R-NC) Domenici (R-NM) Ensign (R-NV) Enzi (R-WY) Feingold (D-WI) Fitzgerald (R-IL) Frist (R-TN) Graham (R-SC) Grassley (R-IA) Hagel (R-NE) Harkin (D-IA) Hatch (R-UT) Hutchison (R-TX) Inhofe (R-OK) Inouye (D-HI) Jeffords (I-VT) Johnson (D-SD) Kyl (R-AZ) Landrieu (D-LA) Lieberman (D-CT) Lincoln (D-AR) Lott (R-MS) Lugar (R-IN) | McConnell (R-KY) Mikulski (D-MD) Murkowski (R-AK) Murray (D-WA) Nelson (D-FL) Nelson (D-NE) Nickles (R-OK) Pryor (D-AR) Reid (D-NV) Roberts (R-KS) Santorum (R-PA) Schumer (D-NY) Sessions (R-AL) Shelby (R-AL) Smith (R-OR) Snowe (R-ME) Stabenow (D-MI) Stevens (R-AK) Talent (R-MO) Thomas (R-WY) Voinovich (R-OH) Warner (R-VA) Wyden (D-OR) |
Note that two of the Democratic Presidential candidates, Hillary Clinton and Lincoln Chafee both voted for this bill, as did many liberal democrats like Schumer, Mikulski and Harkin. In the House, it passed by a similar margin, 280-141 and then signed by George W. Bush.
So even if Carly and HP decided not to lobby for this legislation, it probably would have passed anyway. So how exactly is this Carly's job scam? Yes, HP profited from it and passed the money along to shareholders. Wouldn't it have been a violation of Carly's fiduciary responsibility if she didn't take advantage of tax repatriation?
The left is clearly scared of Carly and they are trying to throw everything at her to see what sticks. Note they didn't do this with Trump despite a hell of a lot more ammunition to work with. Why? Because they know he would be a general election disaster.
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