On Monday, President Obama announced he was going after U.S. businesses with offshore accounts and try to avoid paying U.S. taxes on profits made in other countries. So what will be the impact of Obama’s new push to collect those taxes? Is he right when he says doing this will create more American jobs or will this trigger a corporate exodus? And if this double taxation is so bad, why didn’t Republicans do anything about it when they had power? We ask Grover Norquist, president of Americans for Tax Reform.
