“The idea that you would actually permit big ticket tax dodgers to walk off of the stage with a slap on the wrist — like the proposed Swiss settlement — or that you would let companies like Apple and Microsoft, General Electric and Google — shift their most valuable corporate assets to places where they have almost no activity and evade corporate income taxes at a time when we are slashing aid to kids in schools, money for seniors — this is outrageous.” “This has become a global movement. We have African countries that have effectively negative corporate tax rates, because they have such great subsidies that they have to pay corporations. You have major companies paying bribes that end up in Swiss accounts. Public officials are being corrupted, undermining the rule of law and democracy.”
Posted on: Sun, 09 Jun 2013 21:49:55 +0000
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