FACT Op-Eds

Grassley, Iowa Could Stop Hidden Ownership

By Rebecca Wilkins

We need a system of increased accountability with a public registry of the people who really control companies. It’s time to shut down the ability to hide the owners and bring them out of the shadows for everyone to see.

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Endorsing Tax Evasion

By Rebecca Wilkins

A vote in favor of repealing FATCA sends a message: a message to foreign banks that they can get back to helping wealthy Americans hide their assets and use offshore accounts to evade tax.

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The Country Has Spoken

By Jaimie Woo

While the dust is still settling from the mid-term elections and the pundits are trying to figure out what it all means, the American people have made their collective voices heard and delivered a message that they do not like the country’s direction. Exit polling data from Election Day showed clear majorities in against growing corporate influence on the political process and in favor of greater corporate accountability. The message is clear: Inversions must stop, corporate tax avoidance must end, and special corporate loopholes must close.

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Partnership to Build America Won’t

By 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.

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Free Enterprise Is Not Free

By Nicole Tichon

There’s been a lot of talk about what we can’t afford as a nation and who is getting what “gift” or which free ride. When President Obama met with CEOs and chatted with Jamie Dimon over the weekend, we should hope he issued a stern warning that the tax avoidance games (legally) played by big banks and multinational corporations are on the chopping block. When it comes to cutting, eliminating and restructuring things, these loopholes should be top-of-mind for all leaders.

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Foreign Depositors Rule Is Welcome

By Nicole Tichon

To the Editor:

Regarding “Florida bankers object to disclosing identities of foreign depositors,” OrlandoSentinel.com, April 18: The Florida Bankers Association, U.S. Sen. Marco Rubio and U.S. Rep. Bill Posey are off base in their reactions to the new Treasury Department rule requiring banks to report information to the Internal Revenue Service on deposit accounts held by foreigners. They already are required to do this for accounts held by U.S. citizens, U.S. residents and Canadians.

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