Friday, May 8, 2009

Obama Encouraged by Economic Feelers of late


New layoffs in USA last month were 539,000 compared to over 600,000. This and other news related to Banks, Housing sales has somewhat buoyed the hopes of President Obama.

Obama Zardari karzai at white house


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Tuesday, May 5, 2009

Obama To Target Overseas Tax Havens

May 5, 2009
Washington DC. Obama now wants to make good on his election promise to target wealthy people and companies that dodge taxes by stashing cash and employing Non USA citizens abroad

Barack Obama Taxesreaching out

Video Details: President Obama unveiled a plan that he said would restore some fairness to the US tax code. It would require overseas banks to issue 1099 forms to US Citizens and making the foreign income reportable and taxable. Obama says his proposal removes tax incentives for US companies to ship their jobs overseas. Obama Amin to hire 800 Full Time IRS agents to help enforce these regulations

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