All Commentary
Tuesday, May 5, 2009

Obama Wants to Stanch Money Flow to Tax Havens


“President Obama yesterday announced a major offensive against businesses and wealthy individuals who avoid U.S. taxes by parking cash overseas, a battle he said would be fought with new tax laws, new reporting requirements and an army of 800 new IRS agents.” (Washington Post, Tuesday)

Can’t have any money slipping through the monster’s fingers, can we?

FEE Timely Classic
“Harmful Tax Practices?” by David N. Laband


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.