Closing Tax Loopholes


President Obama announced steps to pursue tax evaders and go after offshore tax shelters. As Chip Reid reports, he also vows to fix a tax code that encourages US companies to send jobs overseas.

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    There Are 6 Responses So Far. »

    1. 35% is not a lot……companies based in some European countries pay 40% +

    2. Our government shouldn’t need 35% of company profits. Lower the size of government and lower ALL taxes!!

    3. BINGO!

    4. Look at one of the biggest tax evaders Chevron Oil over 3 decades of oil drilling in Ecuadorian Amazon, Chevron dumped more than 18 billion gallons of toxic wastewater into the rainforest leaving local people suffering. You call that not breaking the law.

    5. How about lowering those taxes.

    6. good job Barack hope it works

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