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Obama administration backs Congress tax haven crackdown
Breitbart ^ | 3/3/09 | Kevin Drawbaugh and Corbett Daly

Posted on 03/03/2009 10:15:31 PM PST by Nachum

WASHINGTON (Reuters) - The Obama administration on Tuesday endorsed legislation to crack down on offshore tax havens, raising the stakes in a showdown between the United States and bank-secrecy nations such as Switzerland.

The endorsement came from U.S. Treasury Secretary Timothy Geithner at a congressional hearing where he was asked about the wide-ranging tax haven bills unveiled on Monday in both the Senate and the House of Representatives.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: bho44; congress; haven; obama; tax
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To: Wolfhound777
I hope Switzerland tells them to F off.

Part of taking advantage of the economic crisis is to use it to wage economic warfare.

21 posted on 03/04/2009 6:55:17 AM PST by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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To: longtermmemmory

“[and obama wants to eat capitalism pie]”

He can eat Hereford pies for all I care :-)


22 posted on 03/04/2009 8:08:48 AM PST by TexasRepublic (I am inconsolate over the death of our country.)
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To: Nachum

Thank you so much, I have it now.


23 posted on 03/04/2009 8:39:18 AM PST by sunny48
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To: Nachum

Where does Ted Kennedy keep his money?


24 posted on 03/04/2009 8:41:43 AM PST by bmwcyle (Obama voters, your 401 K's are dead. Now what?)
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