Texas Rainmaker
Tax Cheat to Go After Tax Cheats
March 3rd, 2009 12:18 pm

I guess it takes one to know one.

Geithner: Obama to fight international tax dodgers

WASHINGTON (AP) — President Barack Obama’s Treasury secretary says the administration will unveil a series of rules and measures in the coming months to limit the ability of international companies to avoid U.S. taxes.

What are they going to do when they catch them, recommend them for cabinet positions?

What’s next? Appointing Ted Kennedy to crack down on drunk drivers?

Treasury Secretary Timothy Geithner told the House Ways and Means Committee on Tuesday that Obama will propose legislation to limit U.S. companies’ ability to shelter foreign earnings from taxation in the U.S. He also said the administration will try to limit wealthy Americans’ ability to use tax havens to avoid taxation.

Is he going to start by asking members of his cabinet for their own tips and tricks?

Posted by TexasRainmaker |
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