offshore tax haven abuse

President Obama–Close down tax havens

American Sustainable Business Council1401 New York Ave., N.W. Suite 1225, Washington, DC  20005 June 7, 2013 President Barack Obama The White House 1600 Pennsylvania Ave. NW Washington, DC 20005 Dear Mr. President: As business leaders, we are writing to urge you to support the efforts of Prime Minister David Cameron…

It’s a bird, it’s a plane, it’s . . . a Tax Penalty!

One of the big political stories yesterday was Republican presidential candidate Mitt Romney correcting his top advisor, Eric Fehrnstrom, thus giving us the accurate description of how the individual mandate to purchase health insurance will be enforced.  Yesterday Mr. Romney called it a tax and on Monday of this week Mr.…

Business good for multinationals

The primary theme of my blogs this week has been U.S.-based multinational corporations not paying their fair share in taxes because of their use of offshore tax havens. On Wednesday General Electric chairman and CEO Jeffrey Immelt was in Greenville, SC, touring one of GE’s plants. The Associate Press reports…