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Old May 4th, 2009, 03:10 AM   #1
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Obama to introduce tax reforms

The White House will unveil reforms to the nation's international tax code on Monday intended to close loopholes for overseas tax havens and end incentives for creating jobs overseas.

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Old May 4th, 2009, 01:59 PM   #2
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They will by default create incentives for offshoring by increasing corporate and high wage earner's taxes.

They can close as many loopholes as they want but if the business makes more money by going they will go..........and the more the government tries to put on the leg shackles the more the companies are going to say Cya later.

When will these liberals learn that corporate success means a stable job for alot of middle class workers?????
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Old May 4th, 2009, 02:13 PM   #3
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No reason to pay $150 billion extra over ten years to get what in return from the feds? If they take the bait then the extra tax they pay will be added to the product they sell in America and if they can't do that and compete with other companies with American workers then they'll close shop here and move to a country where they can make up the lost revenue.
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