Monday, May 20, 2013

Tax and Spend

The White House is scrambling to protect Obama from this IRS scandal.
"A Treasury Department official informed White House counsel Kathryn Ruemmler on April 24 about the preliminary findings of a report that would fuel the latest in a series of scandals to confront Obama at the start of his second term.
The report was issued by a Treasury inspector general on May 14, four days after an IRS official had acknowledged, and apologized for, the agency's targeting of conservative groups with names such as "Tea Party" and "Patriots" that had applied for tax-exempt status.
Soon after learning of the report's preliminary findings, Ruemmler briefed White House Chief of Staff Denis McDonough and some other senior staff members, White House spokesman Jay Carney told a regular news briefing.
Ruemmler chose not to inform Obama about the findings to avoid any appearance that he had any role in shaping the report - a role the president would not have taken anyway, Carney said."
As with all political scandals, the more they talk about it, the worse it looks for the president.

Apple manages to legally avoid paying billions in taxes which means lower prices and higher quality products for its customers. Good for Apple.

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