To the Editor:
Your editorial “A Global Revenue Grab” (July 23) presents misleading and selective data that paints powerful, profitable corporations as victims of a system that affords them the best of all worlds in terms of taxation.
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.
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.
