The Elimination of Foreign Tax Havens

With the Obama Administration's populist agenda, they have found it as their duty to clamp down on lack of taxes paid by companies since some of their elements are overseas. Obama is oh so proud of finally having the federal government strike down on big businesses that have no heart and...

Yes, but what about the change in tax incidence? Who ultimately pays the price for the federal government's divine crackdown on tax havens? It is the very person who Obama wishes to help. If corporations are suddenly being inflicted with average tax rates then  how are they expected to maintain the salaries of their employees, their levels of R&D research, or even their sheer numbers of employees? The fact of the matter is that the elimination of these so-called "tax havens" can greatly hurt the economic well-being of many Americans, and increase the ever increasing unemployment rate. Obama would be cripple the financial statuses of many of the Americans he has been trying to help. Not to mention the potential decrease in the competitiveness of American firms with those from different nations...