Obama taps Volcker for tax code rebuild

 

My Comments: President Obama stated he is concerned that too many loopholes exist and too many people are cheating the system. Ahhhh.  I guess the President has pretty good knowledge of this problem since the running total of staff members with tax problems is running pretty high.

On a serious note, this could be a good thing if AMT gets overhauled.  You should remain skeptical.  When a President announces intentions to “rebuild the tax code” it ends up looking more like a band aid.

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Filed under Death and Taxes, Politix, President Obama

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