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    Obama: Social Democrat?

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    RT News Channel

    RT News Channel

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    Barack Obama has come up with a new, unprecedented plan to tax US companies for what they make abroad. RT talks to the Cato Institute's Chris Edwards, Michael Lind of the New America Foundation, and the president of 'Amercians For Tax Reform', Grover Norquist. They explain what will happen if Barack Obama is successful in enacting some of these economic changes and answer the question: is he moving the U.S. towards a more European Economic System?