In the deficit debate, everything should be on the table: $100 billion in tax havens

ProSense

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Tue Apr-19-11 07:47 PM
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In the deficit debate, everything should be on the table: $100 billion in tax havens

Cost of wars

Subsidies for oil/gas/coal companies

Tax cuts/loopholes for the rich

Tax on multi-nationals' overseas profits

U.S. PIRG report:

Major corporations and some individuals avoid as much as $100 billion a year in federal taxes by �off-shoring� the profits they make here in the U.S. or by setting up sham headquarters in tax haven countries.

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Tax Shell Game: How Much Did OffShore Tax Havens Cost You In 2010?

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msongs

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Tue Apr-19-11 08:05 PM
Response to Original message

1. unfortunately the republicans are firmly in control of this issue so far. nt

Edited on Tue Apr-19-11 08:05 PM by msongs

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