WASHINGTON (Reuters) - Offshore tax havens used by rich Americans in Switzerland, the Cayman Islands and other nations are targeted for shutdown by bills offered on Monday by Democrats in both chambers of Congress.
The Senate bill expands on one co-sponsored last year by then-Senator Barack Obama and Senator Carl Levin, who has sought a broad crackdown on tax dodgers estimated to deprive the U.S. government of more than $100 billion a year.
The Senate bill expands on one co-sponsored last year by then-Senator Barack Obama and Senator Carl Levin, who has sought a broad crackdown on tax dodgers estimated to deprive the U.S. government of more than $100 billion a year.
Just because I put money in a Swiss bank account doesn't mean I'm a tax dodger. Just take a look at the people who run our government and you'll find lots of tax dodgers there. I wonder if they've looked there yet? Perhaps they should clean their own house before they look elsewhere for dirt.
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