Smart Tax Haven Legislation Would Raise $220 Billion

Smart Tax Haven Legislation Would Raise $220 Billion

Debt ceiling.  Budget deficit.  Spending cuts.  The national media and politicians talk about these every day.  So why aren’t they talking about a simple plan that would raise $220 billion in revenue over a decade?  Senator Carl Levin’s bill would do just that by going after funds wealthy American individuals and corporations have hidden in foreign tax havens, thus raising enough money to push back the across-the-board cuts of sequestration.  Learn more about the Stop Tax Haven Abuse Act today.

This piece is courtesy of Americans for Democratic Action