Oppose amnesty for tax-avoiding and tax evading corporations

Oppose amnesty for tax-avoiding and tax evading corporations

You pay your taxes.  Your business pays its taxes.  Why do we want to let big corporations that don’t pay their taxes off the hook? 

Small businesses should not be subsidizing government services (ex. courts, infrastructure, defense, education) that multinational corporations use but don’t want to pay for.  But that is exactly the impact of the Partnership to Build America Act (H.R. 2084) now in the U.S. House of Representatives.  The better name would be Tax Amnesty for Multinational Corporations Act.

The bill would grant two big rewards to companies that have invested heavily in lobbyists and accountants to create and exploit lucrative offshore tax loopholes. The first would be tax amnesty on nearly $2 trillion in profits that they’ve squirreled away offshore and the second will be that they will have the ability to control the board of the Infrastructure Bank the bill would create.

We know from past experience that corporate tax holidays don’t restore America’s tax base; they erode it further. 

Equally as important, we need the money our nation spends on infrastructure to be controlled by our elected officials and public servants whom we can hold accountable, not by the very same multinational corporations that have been gaming the tax system and denying our government the funds to adequately invest in infrastructure and many other unmet needs.

Call your House member now and tell them to vote no on H.R. 2084.  Tell them that you don’t support tax amnesty for big corporations.

Call your House member now at (202) 224-3121.