Happy Obama Moment of the Day – 5/4/09

Posted by ADAM

Ever since the Inaguration it has warmed my heart that every day when I look at the New York Times website there is always some good news there, and Barack Obama to thank for it.

So you can enjoy seeing the world get slightly better each day, I’m going to be posting the Happy Obama Moment of the Day. Here’s today’s.

OBAMA CALLS FOR CURBS ON OFFSHORE TAX HAVENS (NY Times)

WASHINGTON — President Obama presented a far-reaching set of proposals on Monday that are aimed at the tax benefits enjoyed by companies and wealthy individuals harboring cash in offshore accounts.

These steps, he said, would be the first in a much broader effort to fix a “broken tax system.”

Mr. Obama made the announcement in the Grand Foyer of the White House, standing alongside Treasury Secretary Timothy F. Geithner and the Internal Revenue Service commissioner, Douglas Shulman. His remarks echoed the sentiment he voiced again and again during the presidential campaign when he pledged to crack down on overseas tax evaders.

Is it a sad state of affairs when your definition of good news is that the government has decided to stop tolerating large corporations and wealthy individuals who swindle the people out of tax revenue? Yes, admittedly. We’re a long way down, that’s for sure. But for the last hundred-odd days we’ve been clawing our way back, inch by inch.

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Published in: on May 4, 2009 at 9:05 PM  Leave a Comment  
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