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Monday, October 19, 2015

US corporations have $2.1 trillion in profits stashed offshore


The Nation Magazine
Dear Friend,
US corporations have $2.1 trillion in profits stashed offshore—most of it in tax havens. As long as this money is overseas, these hugely profitable companies avoid paying US taxes on it. And that means the rest of us have to make up the difference.
We’ve partnered with the Americans for Tax Fairness Action Fund, the Campaign for America’s Future, and 14 other groups to call on Congress to close these outrageous tax loopholes. Will you join us?
take_action_button_2.jpgThis is money desperately needed to make classrooms less crowded, rebuild roads and bridges, find new medical cures, and make college affordable. While many politicians claim that we don't have the money for critical government programs, their friends in corporate America are cheating the system.
Join us as we call on Congress to hold these corporations accountable and ensure that they pay their full and fair share of taxes.
All the best,
Sarah Arnold

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