Tax Cheat to Pursue Tax Cheats

Oh, the irony.

President Barack Obama's Treasury secretary says the administration will unveil a series of rules and measures in the coming months to limit the ability of international companies to avoid U.S. taxes.

Treasury Secretary Timothy Geithner told the House Ways and Means Committee on Tuesday that Obama will propose legislation to limit U.S. companies' ability to shelter foreign earnings from taxation in the U.S. He also said the administration will try to limit wealthy Americans' ability to use tax havens to avoid taxation.

He did not immediately provide details.

For an administration that promised transparency, they are remarkably short on details, aren't they? Of course, they also promised honesty, strong ethics, hope and change, too, and there's been precious little of that.

Well, almost time to start running for re-election...

Comments

[Joseph Brown]

Hey, it takes one to know one, so Geithner should be an expert on tax cheats. Then add in everybody else in the messiah's administration and bingo, no more cheats.