Task Force Formed to Overhaul US Tax Code: Watch Your Wallet !
The White House announced today a new task force headed by the great former chairman of the Federal Reserve, Paul Volcker, to reform the US tax code. UH - OH....watch your wallets !
Volcker and four other top economists will report their recommendations back to President Bankrupt Blankcheck Obama in early December and their review will cover three main areas:
> Tax simplication
> Closing tax loopholes and reducing tax evasion
> Reducing corporate welfare
I can't wait for this report. It will add at least 200 more pages to the tax code, every loophole that is "closed" will open up another, and corporations will continue to lobby (and get) their welfare. The purpose of this "Task Force" is simply to find more money to steal from the taxpayers to waste on more and more government programs.
Obama is after everything, even the shirt off of our backs
Where is the Task Force to Overhaul Government SPENDING?
CHANGE -- that's all we'll have left to $pend if Obama gets his way.
Volcker and four other top economists will report their recommendations back to President Bankrupt Blankcheck Obama in early December and their review will cover three main areas:
> Tax simplication
> Closing tax loopholes and reducing tax evasion
> Reducing corporate welfare
I can't wait for this report. It will add at least 200 more pages to the tax code, every loophole that is "closed" will open up another, and corporations will continue to lobby (and get) their welfare. The purpose of this "Task Force" is simply to find more money to steal from the taxpayers to waste on more and more government programs.
Obama is after everything, even the shirt off of our backs

Where is the Task Force to Overhaul Government SPENDING?
CHANGE -- that's all we'll have left to $pend if Obama gets his way.

Comments