offshore tax havens

Small business consistently best at producing new jobs and paying fair share of taxes

The new September ADP National Employment Report is out today saying that 162,000 new private-sector jobs were created in the U.S. last month.  And once again small businesses with less than 50 workers created the most new jobs—81,000.  Since the beginning of this year new jobs from small businesses have…

Studies Reveal That at Least $21 Trillion is Hidden in Secret Tax Havens, Gap Between Rich and Poor Growing

(The auther of this report, James Henry, will be on my radio show just after 5:40ET today. The streaming audio can be foundhere.) Tax Justice NetworkJuly 22, 2012 At least $21 trillion of unreported private financial wealth was owned by wealthy individuals via tax havens at the end of 2010. This sum…

Independent Film Documents Lost U.S. Taxes

First screening in South Carolina April 25  “We’re Not Broke” is a timely independent film documenting big corporations hiding over a trillion dollars from Uncle Sam.  The film was selected to be screened at this year’s Sundance Film Festival as well as the film festivals in Boston and Dallas. **Public…

‘Shared sacrifice’ in debt reduction should include international tax loopholes

By Rep. Lloyd Doggett (D-Texas)  The Hill’s Congress BlogJuly 26, 2011 As Washington considers solutions to our debt crisis, I believe a fundamental principle — before we consider cutting vital programs or raising tax rates—is ensuring everyone pays their fair share. I always find it impossible to explain why a…