“When you took office you promised to reform our tax code so that it would be more simple and more fair for hardworking Americans. And, you promised to ensure that our tax dollars were used to strengthen the American economy and American competitiveness. Today we are taking another important step to towards those goals by ending indefensible tax breaks and loopholes which allow some companies and some well off citzens to evade the rules that the rest of America lives by.”
Tax Cheat and Treasury Secretary Timothy Geithner
On Obama’s plan to raise taxes on US companies by $190 billion
May 4, 2009
Geithner introduces Obama’s latest crackdown on tax dodgers:
(First 30 seconds)
You just can’t make this stuff up.
