"No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine." - - - William Blum

March 12, 2003

Offshore 1040

I'd REALLY like to see an opposing viewpoint on this issue. Excerpt:
"Every populist movement needs a catalytic issue and a crystallizing response that come to symbolize the greater struggle at hand. Think of Rosa Parks refusing to move to the back of the bus or the Greensboro Four taking a seat at that Whites Only Woolworth's lunch counter.

The revolt against antipatriotic tax havens may be the spark that ignites a far-ranging movement for basic fairness and economic justice. What could be more unfair, after all, than asking hard-working Americans to dig deeper into their wallets, retirement funds, and savings accounts so corporate execs rolling in an overflowing wallow of tax-free profits won't have to?

It should be a political no-brainer, an issue that transcends right-left divisions. And, indeed, politicians from both parties -- including Sens. Evan Bayh, Charles Grassley, Max Baucus, Harry Reid, and Carl Levin and Rep. Richard Neal -- have introduced or are preparing to introduce legislation that would crack down on offshore tax evaders. Even President Bush is on record saying: "We ought to look at people who are trying to avoid U.S. taxes as a problem… American companies ought to pay taxes and be good citizens." Yes, gee, they ought to. If only there was some public body that could, say, pass a law and force them to do it.

Yet for all the public posturing, behind closed doors our leaders continue to protect their corporate sponsors, allowing profits to trump patriotism -- even in this time of war."

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