President Obama announced steps to pursue tax evaders and go after offshore tax shelters. As Chip Reid reports, he also vows to fix a tax code that encourages US companies to send jobs overseas.
6 Comments Already
May 31st, 2010 @2:18 pm
Our government shouldn’t need 35% of company profits. Lower the size of government and lower ALL taxes!!
May 31st, 2010 @3:18 pm
BINGO!
May 31st, 2010 @3:45 pm
Look at one of the biggest tax evaders Chevron Oil over 3 decades of oil drilling in Ecuadorian Amazon, Chevron dumped more than 18 billion gallons of toxic wastewater into the rainforest leaving local people suffering. You call that not breaking the law.
May 31st, 2010 @4:24 pm
How about lowering those taxes.
May 31st, 2010 @5:20 pm
good job Barack hope it works
35% is not a lot……companies based in some European countries pay 40% +