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Geithner says U.S. needs comprehensive tax reform

WASHINGTON | Mon Sep 19, 2011 7:59pm EDT

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Monday that comprehensive tax reform is necessary to make the United States a better environment for growth and investment.

"If you do it sensibly through tax reform you'll strengthen investment centers, you'll make growth in the U.S. stronger, you'll make people more confident in the future, more likely to invest here. That's something we should all be working toward," Geithner told reporters after President Barack Obama unveiled a $3 trillion plan to cut U.S. deficits by raising taxes on the rich.

(Reporting by Deborah Charles, Kim Dixon, Caren Bohan and Malathi Nayak; Editing by Will Dunham)

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Comments (1)
Ashishnfl wrote:
Little Timmy G,
How about you pay your back taxes and take pay cut for worst performing Treasury Sec ever! All you need is collect TAX from people like you tax evaders and 50% tax corporation like GE, GM and Banks who needed TAX payers money when they failed and still paid their CEO’s in millions plus millions in bonus. Tim go pass your hat to these bankers and wall street to bring America out of Debt. Let me know how much you collect.

Sep 19, 2011 6:52pm EDT  --  Report as abuse
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