Video: David Boris, Hel’s Kitchen Catering, 2014 FACT Advocacy Days Address
David Boris, Owner of Hel’s Kitchen Catering in Northbrook, IL., speaks during the FACT Coalition’s 2014 Advocacy Days in Washington, DC.
There is widespread agreement, across the political spectrum, that the gaming of the tax code by multinational corporations is a problem. When profits and jobs are shipped offshore, we not only harm the U.S. economy, we fuel a tax haven industry that drains wealth around the world. We seek to fix the problem of large, well-connected interests gaming the tax system.
David Boris, Owner of Hel’s Kitchen Catering in Northbrook, IL., speaks during the FACT Coalition’s 2014 Advocacy Days in Washington, DC.
Following the release today by House Ways & Means Committee Chairman Representative Dave Camp (R-MI) of a plan to overhaul the U.S. tax code, the FACT (Financial Accountability and Corporate Transparency) Coalition released the following statement from its director, Nicole Tichon:
Don’t Reward Corporations for Bad Behavior
With any opportunity that seems too good to be true, there is often a fatal flaw.
That is the case with The Partnership to Build America Act, introduced by Rep. John Delaney (D-Md.), which seems to be gaining more and more support and was even embraced by President Obama in his State of the Union address.
FACT and 24 other organizations sent the attached letter to the leaders of the House Ways and Means Committee and the Senate Finance Committee in January 2014 regarding the tax extenders debate.
The FACT (Financial Accountability and Corporate Transparency) Coalition along with partners from small business, faith, labor and public interest groups submitted a formal response to Chairman Max Baucus (D-MT) and the Senate Finance Committee, calling his proposed changes to the international tax system as falling short “…in three critical ways and leaves room for the offshoring of jobs and profits to continue.”
Nicole Tichon, Executive Director of the FACT (Financial Accountability and Corporate Transparency) Coalition release the following statement on the budget plan released by senator Patty Murray (D-WA) and Representative Paul Ryan (R-WI):