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Jubilee USA Releases Statement on Levin-McCain-Whitehouse Budget Amendment 430 That Would End Offshore Tax Abuses By Large Corpo


US Politics & Gov't  (tags: abuse, americans, congress, corruption, cover-up, elections, ethics, dishonesty, economy, freedoms, GoodNews, government, healthcare, healthcare, lies, republicans, politics, propaganda, usa, u.s., media, mccain, goodnews )

JL
- 382 days ago - commondreams.org
"Senators Levin, McCain and Whitehouse recognize that its not fair that some of the most profitable corporations use offshore tax loopholes to avoid paying taxes.As people of faith, we believe our budget is a moral document that must end corporate tax av



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JL A. (269)
Saturday March 30, 2013, 9:21 am

Jubilee USA Releases Statement on Levin-McCain-Whitehouse Budget Amendment 430 that would End Offshore Tax Abuses by Large Corporations

WASHINGTON - March 22 - Yesterday, Senator Carl Levin (D-MI), Senator John McCain (R-AZ) and Senator Sheldon Whitehouse (D-RI) introduced Amendment 430 to the Budget Resolution. This Amendment would end offshore tax abuses by large corporations. Executive Director Eric LeCompte of Jubilee USA Network, an interfaith organization that promotes solutions to poverty, releases the following statement on the amendment:

“Senators Levin, McCain and Whitehouse recognize that its not fair that some of the most profitable corporations use offshore tax loopholes to avoid paying taxes. As people of faith, we believe our budget is a moral document that must end corporate tax avoidance that takes from the poor and shifts the tax burden onto everyday Americans.

“When we address corporate tax avoidance in the US, it sends a strong message to the entire world that this kind of behavior is unacceptable. This is behavior that makes dodgy business practices the status quo and perpetuates the cycle of poverty around the globe.”
###
Jubilee USA Network is an alliance of more than 80 religious denominations and faith communities, human rights, environmental, labor, and community groups working for the definitive cancellation of crushing debts to fight poverty and injustice in Asia, Africa, and Latin America.
 

Kit B. (277)
Saturday March 30, 2013, 10:42 am

What does faith have to do with tax cheats? The only god a corporation has is PROFIT, not PROPHET.

Let's keep religion out of government and government out of religion.
 

JL A. (269)
Saturday March 30, 2013, 11:04 am
It has to do with assessing the morality of how governments are or are not doing business Kit. I'm glad we have moral voices of faith speaking for the powerless to counter those who claim faith but have not been doing so. You cannot currently send a star to Kit because you have done so within the last day.
 

Carol D. (98)
Saturday March 30, 2013, 11:11 am
Yes we have had that here with Amazon and starbucks and others Think they have to start paying tax now


 

JL A. (269)
Saturday March 30, 2013, 2:36 pm
Thanks for letting us know that the UK has already moved on this one Carol!You cannot currently send a star to Carol because you have done so within the last day.
 

Kit B. (277)
Saturday March 30, 2013, 6:53 pm

I'm not disagreeing to be disagreeable. I believe that when something is wrong it is wrong. There is a greater morality, one that applies to everyone whether they are people of faith or not. To use the argument that because we are "people of faith" we do the right thing, begins with a shaky argument that stands on shaky feet. Is your faith the same as mine? Does our differences in faith mean one is good while the other is not as good?

For goodness sake they are discussing taxation here. I happen to believe that each American (and those in other countries) should expect that each person steps-up to pay an equal and fair share. Some times the right thing to do is just right. Those who have become extraordinarily wealthy should, in my mind, feel a greater compulsion to support the systems that allowed that wealth to accumulate. That may not be moral, but it is right. Morality and money, that is a tough one.

 

JL A. (269)
Saturday March 30, 2013, 6:59 pm
Of course not. Thanks for providing the lengthier explanation of your perspective Kit.
I would like to point out that the Jubilee alliance includes many secular groups, too:
"Jubilee USA Network is an alliance of more than 80 religious denominations and faith communities, human rights, environmental, labor, and community groups working for the definitive cancellation of crushing debts to fight poverty and injustice in Asia, Africa, and Latin America. "
 

Suheyla C. (233)
Saturday March 30, 2013, 7:21 pm
Thank you J.L.
 

JL A. (269)
Saturday March 30, 2013, 8:16 pm
You are welcome Suheyla.
 

Louise D. (34)
Sunday March 31, 2013, 3:31 am
Given the amount of financial chaos caused by tax avoidance, tightening the laws is the only way to prevent a repeat of 2008.
 

Tamara Noforwardsplz (185)
Sunday March 31, 2013, 7:54 am
Well, at least someone in government is seeing the thieves for who they are and are speaking out against it. It is at least a ray of hope. Thanks J L.
 

JL A. (269)
Sunday March 31, 2013, 8:03 am
You are welcome Tamara. You cannot currently send a star to Tamara because you have done so within the last day.
 

James Maynard (62)
Sunday March 31, 2013, 1:52 pm
I'm surprised that Jubilee doesn't have a tax
exempt status to begin with, so for them to
state support for an end to off-shore loopholes
is quite remarkable. My personal belief is that
religious operations should all be taxed along
with the rest of us.
 

Winn Adams (178)
Sunday March 31, 2013, 2:24 pm
Noted
 

Birgit W. (135)
Sunday March 31, 2013, 4:19 pm
Everybody should pay taxes
 

Devon Leonard (54)
Sunday March 31, 2013, 11:57 pm
Have to start somewhere.....A pee pee drop in the bucket. I kinda feel these guys timing on this is a bit suspect though................ Thanks for posting this J.L...keep us updated...!
 

John Gregoire (248)
Monday April 1, 2013, 5:54 am
Were we to convert to the Fair Tax all this would be moot and everyone would pay a fair share while those in need would be covered. No offshore allowed, no loopholes.
 

Lois Jordan (55)
Monday April 1, 2013, 4:04 pm
Noted. While it looks good on paper, I just wonder what the actual bill will be. I'm sick and tired of their bait-and-switch techniques. We got a watered down Health Insurance Reform bill, a watered down Financial Reform bill, and sold down the river every time the debt ceiling is reached. I smell a rat, too. Wondering if they're actually talking about the Territorial Tax that the wealthiest are champing at the bit for.
Will also throw in my 2 cents that religious institutions should be taxed. A "flat tax" only and always benefits the wealthiest, and I am totally against it.
 
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