In an effort to keep a campaign promise, the Obama administration states it will now attempt to close tax loopholes that have allowed corporate America to evade taxes by investing overseas. This could be a giant first step in regaining our economic status we once held that has been greatly diminished by many years of congress doing what was in their best interest as far as the lobby groups are concerned. It will do no less than keep it from sinking any further, but can it be done ? The President will face a challenge to this from his own party… […]