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View Full Version : Do the Democrats close Tax Loopholes ?



tradeunionsupporter
3rd May 2011, 15:58
The Democrats always talk about how they are going to close Tax Loopholes/Offshore Bank Accounts that the Rich/Wealthy Capitalists use but do the Democrats really do this even if they do close Loopholes the Capitalists with their Lobbyists can just open them back up again I have also heard the Republicans/Republican Presidents say they were going to close tax loopholes they say that a flat tax would do this ?

Ending tax loopholes that let corporations hide profits overseas, and investing those dollars in small businesses that create jobs in America;

http://www.democrats.org/issues/economy_and_job_creation

Obama Announces Plan to Close Tax Loopholes

President Barack Obama is proposing to close tax loopholes for companies and individuals with operations or bank accounts overseas. (May 4)


http://www.youtube.com/watch?v=0sYQO_UMcNM

Obama vows to close tax loopholes

http://axcessnews.com/index.php/articles/show/id/17936

RGacky3
3rd May 2011, 21:06
The loopholes might be closed, but I doubt it, and if they are, they are going right back in, attached to some bill that has nothing to do with it.