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huffingtonpost.com - 5/4/2009
Republicans Defend Tax Havens Against Obama Crackdown
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President Obama and Treasury Secretary Tim Geithner plan to announce on Monday a crackdown on offshore tax havens that could produce $210 billion in new tax revenue over the next decade. The White House will face opposition to the proposal from the business community and Congress. Before the ...
Obama Seeks to Curb Foreign Tax Havens
nytimes.com - 5/4/2009
Obama Seeks to Curb Foreign Tax Havens
— nytimes.com — While most Americans paid their fair share of taxes, President Obama said, “there are others who are... shirking theirs, and many are aided and abetted by a broken tax system.” (more) Obama Seeks to Curb Foreign Tax Havens

Comments vote down Crooks and Liars found this 5/4/2009found this
Obama targets tax havens, and corporate America shudders
features.csmonitor.com - 5/5/2009
Obama targets tax havens, and corporate America shudders
— features.csmonitor.com — The plan to crack down on individuals who hide cash in foreign accounts has broad support. But... eliminating tax havens for American companies could put them at a disadvantage internationally, experts say. By Peter Grier | Staff writer/ May 4, 2009 ... (more) Obama targets tax havens, and corporate America shudders

Comments vote down The Moderate Voice found this 5/5/2009found this
Obama clarifies corporate crackdown proposals - May. 4, 2009
money.cnn.com - 5/4/2009
Obama clarifies corporate crackdown proposals - May. 4, 2009
— money.cnn.com — NEW YORK (CNNMoney.com) -- President Obama on Monday spelled out his proposals to close corporate tax loopholes... on U.S. multinational corporations and crack down on overseas tax havens. The goal is to help create new jobs in the United States and make ... (more) Obama clarifies corporate crackdown proposals - May. 4, 2009

Comments vote down Michelle Malkin found this 5/4/2009found this

Blog Reactions

Political Animal:  Monday's Mini-Report

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Blog Reactions

Monday's Mini-Report
Political Animal — MONDAY'S MINI-REPORT.... Today's edition of quick hits: * The CDC believes the current trends on the H1N1 virus are " encouraging ," at least for now. * President Obama is targeting off-shore tax havens . Republicans aren't happy about it . * The vulnerabilities in Pakistan's nuclear arsenal are more than a little terrifying. * The Boston Globe 's future is very bleak , but no official word yet on whether it'll survive the rest of the month. * The White House says it doesn't plan on asking Congress for any more bank bailout money. * ...

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