DaimlerChrysler Statement in Response to Today's Supreme Court Ruling on Investment Tax Credits
15 Mai 2006 - 7:08PM
PR Newswire (US)
AUBURN HILLS, Mich., May 15 /PRNewswire-FirstCall/ -- The following
comments may be attributed to W. Frank Fountain, Senior Vice
President External Affairs & Public Policy, DaimlerChrysler
Corporation: "The Supreme Court's ruling today is a big win for
America because it sends a clear message that states will not be
held hostage to lawsuits brought by individuals or groups with no
direct connection to the issue at hand." "Congress and the states
should seek legislation to reinforce the ability to use tax
incentives as a tool to compete for investment and jobs. Such
legislation would be an important step to make the U.S. a more
attractive destination for capital investment in this intensely
competitive global economy. A wide range of business, labor,
minority and civic groups, along with elected officials from both
parties, voiced the importance of economic incentives to U.S.
competitiveness and supported DaimlerChrysler's position in this
case." "DaimlerChrysler's U.S. economic impact includes direct and
indirect employment of about 1.2 million American workers. We
welcome opportunities to work with our federal and state partners
to enhance our company's impact as our employees produce some of
the best cars and trucks on the road today." DATASOURCE: Chrysler
Group CONTACT: Michael Palese, +1-248-512-2682, or Shawn Morgan,
+1-248-512-2692, , both of Chrysler Group Web site:
http://www.media.daimlerchrysler.com/
http://www.daimlerchrysler.com/
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