The president recently announced plans to crack down on what he calls "corporate tax abuses." He is seeking another $200 billion out of companies over the next ten years that do business internationally. Whether he calls it closing a loophole or a tax hike, it will have the same effect as raising taxes by $200 billion on American businesses. That might cause the elimination of more jobs, drive companies to more tax-competitive countries, and slow business in the United States. Government should not tax and spend more, especially in a recession.