Our fearless leader president barack obama with help from the tax cheat timothy geithner
vowed to "detect and pursue" American tax evaders Monday as he announced a plan to close tax loopholes and clamp down on overseas shelters.
There is a lot of problems with this.
First of all timothy geithner is a tax cheat himself and the obama admin is riddled with tax cheats. So i guess it okay for libs not to pay taxes but the poor middle class has to pay them all.
Another problem is obama and geithner are going after american companies overseas who already pay taxes overseas. Obama wants to take it upon himself to tax them twice. He says the new taxes could yield 210 billion in revenue. A big thing he is forgetting to mention is that corporations dont pay taxes. The big coprs pass the taxes onto the consumers. So in essence obama is putting a new huge tax on every single American. He always claims to care so much about the little man and wants to help them out, but he goes and taxes these corporation who will pass the extra obama tax onto the consumer. Obama knows this and is an idiot to say otherwise. But instead he will look like the big hero taking down the big corporations.
He claims he wants to close tax loopholes. Lets not forget the interest you write off on your mortgage comes from a tax loophole. Thats how tax breaks work. The govt writes laws saying what can and cant be wrote off for tax purposes. and they would be called tax loopholes. So be careful and watch your back, pretty soon he will be coming after your mortgage interest. and whatever other tax breaks you currently enjoy.
Remember this our freedoms will be taken from us slowly, and during the way many of you wont even notice because you'll think obama is helping you out by taxing big corps or evil oil companies when he is actually putting new taxes on you and making you more and more dependent upon the govt. I personally dont want more of my hard earned money going to new taxes and pet projects in the obama admin. Everything obama is working for is to move the country to a cradle to grave society where you have to depend on the govt for your survival.