me-let's see if he is able to get them!!!!!






Obama Calls for New Curbs on Offshore Tax Havens

By JEFF ZELENY and BRIAN KNOWLTON

Published: May 4, 2009

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.




Doug Mills/The New York Times


While most Americans paid their fair share of taxes, President Obama said, “there are others who are shirking theirs, and many are aided and abetted by a broken tax system.”

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.

The proposed tax overhaul, which will be detailed later this week when the White House presents its formal budget, could help raise $210 billion in revenue over 10 years, the administration estimates...