Tuesday, May 5, 2009

Obama plans corporate tax crackdown

http://money.cnn.com/2009/05/04/news/economy/obama_corporate_tax_proposals/index.htm?postversion=2009050414

This article is about what Obama goal is with the tax crack down. The goal is to help create new jobs in the United States and make the tax code fairer. All told, the administration said the changes would raise $210 billion in tax revenue over 10 years. "I want to see our companies remain the most competitive in the world. But the way to make sure that happens is not to reward our companies for moving jobs off our shores or transferring profits to overseas tax havens," Obama said in a White House announcement. I choose this article because once again its about President Obama. Yes, i agree with whats happening in the news article because Obama is trying his best to save us. Yes, i do believe this information has been presented fairly. Of course I would use this source again because its very useful.

1 comment:

  1. Nyasia, This is a complicated subject and you did a decent job of summarizing the beginning. I would have liked more info on how these tax rules would create jobs, though. I also want more information than you chose an article because it's about Obama and about how he's trying to save us. How, specifically is he trying to save us?

    Grade: 6/10

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