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Cisco (CSCO) CEO John Chambers tells Charlie Rose he expects international markets, which...

  • Friday, April 20, 2012, 9:12 AM ET
    Cisco (CSCO) CEO John Chambers tells Charlie Rose he expects international markets, which account for 55% of sales, to account for 70% of future growth. He also says the acquisition of set-top software firm NDS was motivated by the boom in online/cloud video, and suggests U.S. tax policy (which has kept Cisco from repatriating overseas cash) bears responsibility for a decline in IPO activity. (yesterday)
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  • No mention of the countless millions paid to the CEO and how it hasn't been reflected in shareholder returns over the past decade.
    20 Apr 2012, 09:27 AM Reply Like
  • True, but Chambers is on a point about the incredibly stupid U.S. tax policy 100% driven by special interest groups that really run the country. I do believe Sar-Ox is the greater culprit to the demise of the U.S. IPO market. A fine example of Washington's need to "do something"!!
    20 Apr 2012, 09:43 AM Reply Like
  • Yes Corporations like Cisco should be taxed for taking American Jobs overseas. They cant continue to do business as usual in the USA when the majority of their jobs are overseas. If they want to do business there they should relocate overseas.

    There is a price for the American Market, that is to create American Jobs and pay Taxes on their fortunes. Why does the American people have to bare more of the burden for these Big corporations by giving them tax breaks and none for the American labor.
    We need a flat rate for everyone based on our income percentage.
    enough politics, just fairness.
    20 Apr 2012, 03:55 PM Reply Like
  • Being angry at business for taking their products, & jobs to foreign markets, especially growing markets is like being mad at auto customers for not buying GM products. Unless you want to change our system of governance the American market needs to compete like never before to keep our home grown businesses. The fact is we are not doing that starting with having the highest corporate tax on the globe! What we are doing a great job of is getting mad, & threatening businesses. And we will continue to find out how well that works.
    21 Apr 2012, 11:23 AM Reply Like
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