Obama calls for "global minimum tax," will require "shared sacrifice"

Update: 2/15/12, Obama calls for "basic minimum tax" in Milwaukee

2/14/12, "Obama Economic Adviser: ‘We Need a Global Minimum Tax’," BigGovernment, Wynton Hall

"On Monday, White House National Economic Council Director Gene Sperling called for a “global minimum tax” to ensure that “nobody is escaping doing their fair share.” In his comments, Mr. Sperling added: “we will say more, perhaps not in gory detail, but in more detail, before the end of the month. And in terms of the revenues, the president

• is looking for shared sacrifice.”

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Ed. note: Since the Republican Party does not exist this should be no problem.

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