Obama announces plan to close tax loopholes »
Posted By engineer 8 months ago in NewsPresident Barack Obama proposed Monday to raise taxes on the overseas profits of US companies and to go after evaders who abuse offshore tax shelters .
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engineer
Hi
My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...
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gamahuche8 months ago
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Aah! One of them got here before me!
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The comment count was showing zero - obviously it can't register less than zero.
I doubt that Mr illiterate CAPITALIST is going to be even modestly affected by this measure even if his excitement overflows into even more illiterate raving than usual.
But one never knows - it might encourage him to move full-time to "Mon Repos" on his fantasy island. -
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canadianrancher578 months ago
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Sorry for going off topic Engineer but yesterday I was watching Cnn and they were talking about what the GOP had to do to regain support of the people and I think that your last statement hit the nail on the head, It seems most people are fed up with a party that panders to just the rich and large companies . I understand why comanies go offshore as far as trying to survive as a business, but it has always bothered me when a party raves on about being patriotic and then sells out its country by allowing tax breaks for doing business elsewhere.
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PatrioticAmerican8 months ago
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So now Obama is telling people where they can do business from ??? Does he own the business ??? if not then he has no right or means to tell private companies, where they can set up shop.
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if he wants to get them back then he needs to back off on taxing these companies so much that it is cheaper for them to go over seas to save money (which they have a right as the owner of the business to do).
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