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Stop and punish multinational corporations that use places like the Cayman Islands and Bermuda as tax havens.

Created by A.C. on August 03, 2014

we all must pay taxes to our country. The U.S.A needs this revenue to provide aid and infrastructure to us. So why are multinational companies able to use tax free places like Switzerland, Bermuda, and the Cayman Islands to hide their profits from U.S taxation. How is this legal? because the money is taxed at the normal rate when it re-enters the U.S.A but because these corporations have money to bribe lobbyists and politicians they get to "re-appropriate" their profits for a mere 5% tax rate and still many of these companies pay less or even no income tax. they write themselves giant loopholes into a purposefully complex tax code of over 72,000 pages long. this means the honest middle class worker takes on higher taxes while hugely wealthy companies pay nothing.Causes public service cuts.

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