Fwd: News Alert: Obama Weighs Overhaul of Tax Code to Lower Rates and Close Loopholes

    Think maybe Zero is starting to learn something and understand how the tax system works?   Doubt it but good PR for now until he really shows what he has in mind.

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Subject:	News Alert: Obama Weighs Overhaul of Tax Code to Lower Rates and Close Loopholes
Date:	Thu, 9 Dec 2010 20:54:44 -0500
From:	NYTimes.com News Alert <nytdirect@nytimes.com>
Reply-To:	nytdirect@nytimes.com
To:	rhomp2002@EARTHLINK.NET

Breaking News Alert The New York Times Thu, December 09, 2010 -- 8:53 PM ET -----  Obama Weighs Overhaul of Tax Code to Lower Rates and Close Loopholes  President Obama is considering whether to push early next year for an overhaul of the income tax code to lower rates and raise revenues in what would be his first major effort to begin addressing the long-term growth of the national debt.  While administration officials cautioned on Thursday that no decisions have been made and that any debate in Congress could take years, Mr. Obama has directed his economic team and Treasury Department analysts to review options for closing loopholes and simplifying income taxes for corporations and individuals, though the study of the corporate tax system is farther along, officials said.  Read More: http://www.nytimes.com?emc=na   About This E-Mail You received this message because you are signed up to receive breaking news alerts from NYTimes.com.  To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email  NYTimes.com 620 Eighth Ave. New York, NY 10018  Copyright 2010 The New York Times Company