Obama tax plan: $80 billion in cuts, five-minute filings - CNN.com
First Obama gets it right by criticizing all of the loop holes of the corporations, then he turns around and proposes a loop hole for seniors.
He proposes $80 Billion in tax cuts, while proposing new government spending at a record level ($1 trillion a year).
Then he gets it right by proposing that americans can spend 5 minutes doing their taxes, and then he gets a loop hole by stating this is for anyone who has a bank account. (yes, a lot of poor people dont have bank accounts)
He also gets it right by proposing a crack down on tax havens in other countries, then he talks about raising taxes on those that would use them. (the reason they are using the havens to begin with is to hide from the high tax rates).
Instead of just proposing a nice flat tax, or something simple across the board, he proposes yet more exemptions, more loop holes, while at the same time he criticizes the ones that exist.
Non stop circles.
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