Obama tightens international tax code

Monday, May 4, 2009

President Obama speaks about the tax code

President Obama made a push for collecting more taxes on international profits. He would eliminate some deductions companies get for officially earning profits in the Bahamas. Bill Radke has more.

President Barack Obama speaks on the tax code as Treasury Secretary Timothy Geithner and Commissioner of Internal Revenue Service Douglas Shulman listen at the Grand Foyer of the White House in Washington, D.C. (Alex Wong/Getty Images)

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