Sunday, January 16, 2011

Obama moves on tax reform, but GOP wary of sticking points

The Hill reports:
The Obama administration took an opening step toward reforming the nation’s tax code on Friday, even as potential sticking points in the debate became more and more apparent.

After prominent officials in both parties endorsed taking a look at tax reform in recent weeks, Treasury Secretary Timothy Geithner discussed corporate tax rates on Friday with finance officials from close to 20 major companies.