Obama is right on tax havens

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Obama is Right!

 Obama said; "right now we’ve got a whole host of corporate loopholes and tax havens. There’s a building in the Cayman Islands that houses supposedly 12,000 US-based corporations. That’s either the biggest building in the world or the biggest tax scam in the world, and we know which one it is. If we close some of those loopholes, we’ve put forward tax relief plans, that will not only restore fairness to our tax code, but it also puts money into the pockets of hard-working Americans who need it right now, who will spend it, and will actually improve our economic growth over time, particularly at a time when we’re seeing a credit crunch. But it requires leadership from the white house that restores that sense that we’re all in this together." ~ 2007 Des Moines Register Democratic Debate Dec 13, 2007

Reasons to agree with Obama:

  1. Businesses that make money in America, because America built roads, won WWI, WWII, protected freedom, and defeated communism, owe the government their fair share of taxes.

Interest of those who agree with Obama

  1. Stopping cheaters and corruption 
  2. Liberal guilt (defending a minority because he is a minority).

Interest of those who disagree with Obama

  1. Greed
  2. Racism (criticizing a minority because he is a minority)

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