The secondparttake the overseasfinancialtax revenue theoryrelatedtheoryas the warning, makes sure the theory basis in the courseof the fusionoftaxlaw and civil law;
However, positive action from the Congress, such as stopping the huge, non-productive, job-destroying programs such as health care, the financial regulation law, cap and trade, etc. and focusing on tax simplification andtax reduction, can create jobs.
As Democrats and Republicans haggle over the details of financial reform in the Senate, a new taxlaw is quietly approaching that will force all overseas banks to reveal the overseas holdings of American account holders.
Two items still require legislative approval: a tax on financial transactions (on which the government hopes voting will be completed later this month), and a law to require the armed forces to pay pension contributions.