Archive for May 7th, 2009

Tax Havens And The Business Lobby

thinkprogress.org ECONOMY Tax Havens And The Business Lobby: This week, President Obama announced “a major offensive against businesses and wealthy individuals who avoid U.S. taxes by parking cash overseas.” The administration plans to prevent corporations from claiming tax deductions on overseas investments until they pay U.S. taxes on their profits. It also aims to reverse [...]

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