Obama Administration Targets Overseas Tax Havens
1,406 views · Published 5 May 2009 · 1:51 · Indexed 23 September 2026
Channel: Voice of America · 2009 · News & Politics
President Barack Obama has proposed major changes to U.S. tax law aimed at eliminating tax breaks for American companies that earn profits overseas. Officials say the plan could raise more than 200 billion dollars in tax revenue if Congress approves it. VOA's Mil Arcega reports.