A web site has been ceated b senators Camp and Bauckus soliciting opinions and suggestions fro the general public and concerned taxpayers in regards to tax reform tax reform.gov. I have sent my suggestions on Social security which I have written blogs about over the past years and also my concerns about the cirportion foiiegn tax credit whgiuch allows GE to aviod paying any US income taxes.
I have also expressed my concerns aout the anoncment by General Motors that they will be using taxpayer provided stimulus funds to build manufacturing plants in China to produce Cadillacs.
G E uses creative accounting procedures in conjunction with the tax giveway which the foreign tax credit to avoid US incoe taxes an now it appears asG M is going to do the same thing
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