President Obama Moves To Close Tax Loophole

jefferson_dem

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Mon May-04-09 01:16 PM
Original message

President Obama Moves To Close Tax Loophole

Run time: 10:36
https://www.youtube.com/watch?v=TL8QRUKwRSY

Posted on YouTube: May 04, 2009
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Posted on DU: May 04, 2009
By DU Member: jefferson_dem
Views on DU: 735

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jimmybama

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Mon May-04-09 01:48 PM
Response to Original message

1. Now I wish he'd close Limbaugh's pie hole!!!

While he's on the subject of closing holes don't stop with
loop-holes continue on to pie holes, ass-holes, dill-holes,
etc. I think that's agreat idea!!

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ProfessorPlum

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Mon May-04-09 02:31 PM
Response to Original message

2. Wow, it sounds awesome. I wonder how the forces of darkness

will water down/kill it. And how the might Wurlitzer will try to spin it as a "bad thing". Gobama!

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tomm2thumbs

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Mon May-04-09 02:35 PM
Response to Original message

3. I'm sure folks will try to cheat it - but they'll have to move to Europe or Asia - good riddens

I hope there is international cooperation on legal tax issues - otherwise I could see companies simply moving operations entirely to, say, Mexico or any place they can manipulate the tax codes. At least the products sold will be fairly taxed since the US is the biggest market by far - although the internet is still making it a free ride for many too.

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niceypoo

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Mon May-04-09 02:56 PM
Response to Original message

4. This is what Kennedy did...

...that the republicans always misquote

He realized that the wealthy didn't pay any taxes because there were so many loopholes, so he lowered the rate then closed loopholes, which made the wealthy actually pay more taxes.

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greiner3

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Mon May-04-09 04:21 PM
Response to Original message

5. The President is making enemies;

Both in places like the hell they call freeperland and in the world of very rich people. I can't determine if the rich are the more worrisome because of the money they will spend to get rid of Obama or the freepers whom the rich will use via hate and huge monetary rewards to rid the rich of their headache.

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CLANG

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Mon May-04-09 04:24 PM
Response to Original message

6. Another well placed nail in the republics coffin

Of course they will be whining like babies about this, but they'll end up in the same place.

The coffin, sometimes known as the ashcan of history.

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