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Three Prominent Dems Call For Obama to Change Tax Law Via Executive Order

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Democrats are now just openly showing their contempt for the Constitution.  Three of these would-be revolutionaries are demanding that President Obama change tax law, a power exclusive to the Legislative Branch.  They want him to do it via Executive Order, because who has time for the rule of law:

Under growing pressure from some Senate Democrats, the White House on Tuesday left open the possibility President Obama will use executive authority to reform the nation’s tax code.

The potential changes would apply to companies that Mr. Obama has dubbed “corporate deserters” — firms that acquire a small competitor from another country and then move their headquarters to that country in order to avoid U.S. corporate tax rates. The U.S. has the highest corporate tax rate in the developed world.

Mr. Obama has zeroed on the practice — known as “inversion” — in recent weeks and has pressed Congress to address it. Right now, it’s entirely legal.

But with congressional action unlikely in the short term, a trio of high-profile Democrats on Tuesday wrote to the president and urged him to use executive power to stop inversion.

Sens. Dick Durbin of Illinois, Elizabeth Warren of Massachusetts and Jack Reed of Rhode Island said that even though they’ve introduced legislation to end the practice, the president shouldn’t wait any longer.

Or, they could, I don’t know, maybe lower the corporate tax rates.

Crazy, I know.

They could also recognize the impact legalized plunder has on money.

It leaves where it is treated poorly.

But notice, these three don’t do either of those things.

Instead, their response is towards tyranny.

Behold, the modern Democrat Party.



Source: http://allamericanblogger.com/blog/27465/three-prominent-dems-call-for-obama-to-change-tax-law-via-executive-order/


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