Today, the WIN America Campaign announced the support of The NASDAQ OMX Group (Nasdaq:NDAQ) in its campaign to reform a key obstacle to promoting domestic investment of private sector dollars. The campaign has support from the country's leading businesses, the U.S. Chamber of Commerce, and policy groups on the right and the left, demonstrating broad and diverse support.
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The NASDAQ OMX Group, Inc., headquartered in New York, is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,500 listed companies. Founded in 1971, The NASDAQ Stock market has helped the country's leading companies get off the ground and create millions of jobs along the way.
NASDAQ OMX CEO Robert Greifeld released the following statement:
"NASDAQ supports initiatives that enhance the competitive position of its 3,500 listed companies. Amending the current tax rate on repatriated global earnings will allow businesses the freedom to deploy capital as they see fit, thereby stimulating job creation and bolstering the U.S. economy. We are proud to work with WIN America to support Congressional efforts to bring earnings back to the U.S. to make it easier for companies to invest at home."
Karen Olick, campaign manager of the WIN America, released the following statement:
"We are pleased that NASDAQ has joined the growing number of American businesses who are working to bring home the $1.4 trillion that is trapped overseas to help strengthen our economy."
