Individual tax rates may only be headed up for “the rich” but corporations and investors are squarely in the government’s crosshairs as they seek greater revenues to closes mind-blowing deficits.
Companies with overseas earnings (which is most worth mentioning) will be particularly targeted. US competitiveness could become an issue down the road. Against the backdrop of greater government intrusion into the affairs of business, Obama holds one of his patented summits today in which hand-picked industry insiders tell the prez what he wants to hear. Today’s topic is health care.
