Comments on: Obama To Jack Up Taxes On American Companies That Do Business Overseas

By: Anthony

Anthony — Wed, 06 May 2009 18:37:40 +0000

Things might get nasty down the line.

By: jimmypop

jimmypop — Mon, 04 May 2009 12:09:11 +0000

Making mistakes on returns or even omitting info is not the same as intentional avoidance through tax havens.

should warren buffet be put in jail? what about bill gates?

By: Lyn

Lyn — Mon, 04 May 2009 07:42:50 +0000

Obama loves to villify businesses and individuals that make money. And he loves to spend money. This change to tax law he wants to make looks like a win-win for him. The rest of us will lose though.

Anything Obama says about complicated tax code or fairness is just bullcrap. Obama's ideal American is one that is 100% dependent on welfare – and those people don't pay income tax or capital gains tax, etc. The rest of us who dare work for ourselves or think for ourselves are going to have to pay pay pay for Obama's vision of what America should be.

Don't pay taxes. It's the most patriotic, Christian thing one can do right now.

By: Dino2

Dino2 — Mon, 04 May 2009 06:06:29 +0000

Making mistakes on returns or even omitting info is not the same as intentional avoidance through tax havens.

The market seems to approve of the news. It's up again today nearly 200 points.

By: Boobalah

Boobalah — Mon, 04 May 2009 05:06:15 +0000

Avoiding taxation is treasonous? So I'm guessing Geithner and Daschle will be imprisoned too?

By: Dino2

Dino2 — Mon, 04 May 2009 03:33:30 +0000

Mark's story was from April 1st.
—–
Obama is just going to try and close tax havens. 83 of the 100 largest American companies, some getting bailout funds, have "overseas" operations for the sole purpose of avoiding taxation. Rich people do it too.

That's treasonous. He should not only close the loopholes, he should imprison the people using them.

By: sayanything-4808

sayanything-4808 — Mon, 04 May 2009 03:20:32 +0000

So he's doing this at the same time as carving up the American auto industry and handing it to foreign ownership?

His incompetence is tantamount to suiciding American international businesses. Or maybe murdering.

By: Mark

Mark — Mon, 04 May 2009 02:59:53 +0000

I have never bought into the argument that Obama wasn't an American citizen, but this might put some doubt into my mine. http://thearizonasentinel.com/2009/05/02/obama-re...

By: The_Whistler_ofnd

The_Whistler_ofnd — Mon, 04 May 2009 02:50:54 +0000

Well isn't that dandy. He'll tax US corporations that do business overseas, but foreign corporations will be able to come here and do business in the states.

Way to go Barry. Let's drive all US owned businesses out of business.

Then we can really worship at the feet of our foreign overlords. (hyperbole.)

By: FedUp

FedUp — Mon, 04 May 2009 02:34:52 +0000

If he goes after the corporations, then he needs to go after the people like Soros and the Kennedys who have most of thier wealth off-shore. After all… fair is fair and we MUST be fair, shouldn't we?? Oh my, silly me… I guess it's more fair for some than others.

Obama is a flaming crock of steaming sh*t!