Friday, May 8, 2009

Tax shelter cave-in: Thanks, Dems

And the Democrats side with Big Business once again!  I think we should rename them the Spelunking Party, because they're always caving.

As for you Republicans, one of you explain to me what the heck this means:

"[Senator Charles] Grassley [R-Iowa] said he supports efforts to crack down on tax abuse. "Out of fairness, corporate taxpayers generally shouldn't pay pennies on the dollar compared to the rest of Americans," Grassley said. However, he said, if Obama is "using tax shelters as a stalking horse to raise taxes on corporations at the cost of U.S. jobs, he'll lose me.""

Sen. Grassley admits it's not fair for corporations to pay pennies on the dollar in taxes compared to the little guy, but Grassley opposes raising their taxes.  DWTF?!? 


 

Obama Plan on Tax Havens Faces Hurdle in Congress

By Ryan J. Donmoyer

May 5, 2009  | Bloomberg.com

 

http://www.bloomberg.com/apps/news?pid=email_en&sid=aFzDnxkw.984



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