Senator Bernie Sanders Bill Will Close Notorious Tax Shelter Loophole

by Gary Kopycinski on April 15, 2015

Gary Kopycinski Author

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WASHINGTON–(ENEWSPF)–April 14, 2014 – Sen. Bernie Sanders (I-Vt.) today introduced a bill to stop profitable corporations from sheltering income overseas in the Cayman Islands and other tax havens to avoid paying U.S. taxes. The legislation also would end tax breaks for companies that ship jobs and factories overseas.