Current Events — HabitableZone

Current Events

Obama going after offshore tax havens

I like the idea. It's to bring American jobs back to America, and give us back the tax money we NEED, and to stop the wealthy from not paying their share. This is likely to rankle the many and make him a lot of enemies.

Michael Moore commented:
>"The rules of the money game on Park Avenue and Wall Street are comprised of things like this. First, threaten your workers that you'll move their jobs offshore if they don't agree to reduce their pay and benefits. Then move those jobs offshore. Then place that income on the shores of the Cayman Islands and pay no taxes. Don't put the money back into your company. Put it into your pocket and the pockets of your shareholders. There! Done! Legal! "

Obama taking on corporate tax <havens.>

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