If President Obama did indeed schedule the release of his corporate tax revamp Wednesday to steal the spotlight from Mitt Romney’s tax plan rollout – as some critics charge – it just might have worked. The Obama plan was the top story of the day.
Tales from the Trail
President Barack Obama gave what appeared to be an impromptu performance of “Sweet Home Chicago” during a blues concert Tuesday night at the White House in celebration of Black History Month.
from Tax Break:
Obama went to aircraft giant Boeing on Friday to tout U.S. manufacturing and to pitch changes in the U.S. tax code – including slashing tax deductions for corporations that shutter U.S. plants, and a new minimum tax on foreign profits earned in tax havens.
“My attitude is every multinational company should have to pay a basic international tax. You should not have an advantage by building a plant over there, over somebody who is investing here and hiring American workers,” Obama said visiting a Boeing plant in Everett, Washington.
“It was a stupid joke,” Republican presidential hopeful Rick Santorum says about a wealthy backer’s “aspirins for contraceptives” comment.
Not since Vietnam has the United States sat down with an enemy it was fighting on the battlefield and negotiated an exit from war. That long-standing policy might end this year if a carefully choreographed diplomatic dance takes U.S. and Afghan officials to a negotiating table with the Taliban.
President Barack Obama is well-known to be a huge basketball fan, and he hasn’t missed the biggest story in the NBA — the rise of Jeremy Lin, the Harvard-educated, Taiwanese American guard whose record-setting scoring run has led the New York Knicks to six straight victories.