Before you read the post below, know that France is also concerned with tax evasion through a scheme led by HSBC. Swissleaks – The humorist Gad Elmaleh is said to have dissimulated 80,000 euros in Swiss banks. Read here.
The case is wider. Read the Great Evasion here.
We need your help today so we can deliver this to John Boehner and Mitch McConnell.
Huge corporations like Microsoft, General Electric, and others keep over $2 trillion outside the country to avoid paying taxes. President Obama has a new plan that would close the foreign profits loopholes and invest hundreds of billions of dollars in American infrastructure projects that benefit everyone.Over 11,300 of your fellow progressives have signed on to send a message to John Boehner and Mitch McConnell: close foreign profits loopholes and reinvest back home.
We will deliver our petition to Speaker Boehner and Senator McConnell once a full 20,000 grassroots progressives sign on.
So join over 11,300 fellow progressives who have already signed the petition and help reach 20,000 so we can deliver the message to John Boehner and Mitch McConnell: it’s time to close corporations’ foreign profits loopholes.
President Obama is committed to solving this economic problem, but we know congressional Republicans are committed to serving their own interests and the interests of corporations who fund their campaigns. They try not to listen, so we have to make them.
Thank you for uniting as a progressive,
Before taking action, Read here. Microsoft is holding over $76 billion in profits overseas (behind GE with $110 billion).