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Friday, February 24, 2012

To close tax loopholes, Obama would open new ones - Yahoo! Finance

To close tax loopholes, Obama would open new ones - Yahoo! Finance: "President Barack Obama wants to close dozens of loopholes that let some companies pay little or nothing in taxes. But he also wants to open new ones for manufacturers and companies that invest in clean energy.
To some analysts, the new loopholes risk upending the level playing field Obama says he wants to create.
Some also fear that companies could game the system to grab the new tax breaks."

Couldn't happen.

Obama: The bail-out is dead. Long live the bail-out. The loophole is dead. Long live the loophole.

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