Archive for March 7th, 2012

March 7, 2012

Obama:Tax Reform Like “Pulling Teeth”

President Obama speaks to the Business Roundtable in Washington DC. 

He says:
“And if you?re a CEO that?s willing to bring jobs back to America, we want to do everything we can to help you succeed. That means working together to reform our tax system so that we are rewarding companies that are investing here in the United States, making sure that we are able to cut our tax rate here but also broaden the base. That is going to be a difficult task. Anybody who has been involved in tax discussions in any legislature, but especially Congress, knows that it?s like pulling teeth. But it is the right thing to do for us to become more competitive. “