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U.S. PIRG Consumer Blog
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October 07, 2009
US Chamber claims corporate tax loophole "required" by treaties
In Washington, the Big Lie works. You make a claim that is so outrageous, no one will think you are making it up. In this case, the U.S. Chamber is claiming (The Hill) that unless we encourage offshore tax cheats by widening a loophole that encourages companies to set up a chair on the beach of a tax haven country and call it your headquarters, we will be in violation of our treaties and other trade agreements. Meanwhile, U.S. PIRG's tax reform advocate Nicole Tichon continues her efforts to get the special interest loophole that could cost taxpayers billions out of a spending bill (previous blog has details.) Only in Washington.
Posted by Ed Mierzwinski at October 7, 2009 08:14 AM
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