From Levine Breaking News:
OBAMA PLANS TO NAME TASK FORCE TO OVERHAUL TAX CODE:
President Barack Obama plans to name a task force to review and overhaul the U.S. tax code, a spokesman for the Office of Management and Budget said today. Obama will ask the Economic Recovery Advisory Board, led by former Federal Reserve Board Chairman Paul Volcker, for a top- to-bottom review of the 96-year-old law in an effort to rebalance the federal tax code, spokesman Tom Gavin said in an interview.
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Say what?!!! Talk about something that is long overdue. Perhaps they'll get rid of those overseas tax shelters the corporations have long made use of to hide money they don't want to pay taxes on. YAAAYYYYY!!!
Wrap...
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