Wednesday, February 25, 2009
WebCPA: Obama Wants to End Tax Loopholes:
During his Fiscal Responsibility Summit on Monday, President Barack Obama discussed the possibility of lowering the statutory corporate tax rate while also closing tax loopholes that allow companies to reduce taxes.
- Huffington Post: Obama to Target Tax Havens in Budget, by Sam Stein
- Reuters: Obama Can Cut Corporate Tax If Loopholes Closed