Check out this excellent article I read a couple of weeks ago in the New York Times about corporate taxes. After reading the article it left me shaking my head wondering when things went astray.
A CEO begging for tax shelters crucial to the company bottom line, employees urged to divide their time evenly between ensuring compliance with the law and looking to exploit opportunities to reduce the taxes the company pays, company lawyers and lobbyists involved in rewriting portions of the corporate tax code and the list goes on and on.
I bet hearing about this type of thing would be frustrating to our president. It will take a monumental effort to get things back on the right track if it isn’t already too late !