re: #783 quickjustice

No, it’s starting to smell like tax increases. Closing “loopholes” is jargon for raising taxes. But notice that Obama’s notion of “fairness” always involves raising taxes, not lowering them.

Never thought I’d hear a defense for corporations stashing money in Swiss banks, the Cayman’s and the like to avoid taxes. It’s tax evasion using loop holes pure and simple.
The market does not appear to fear the idea, it’s up over 175 points this A.M.