Stop Corporate Tax Loopholes and Creative Accounting Measures and require Big Business to pay their fair share!
Why is this important?
Tax laws and savvy accountants have allowed corporations to bend the rules, cheat the system and ultimately avoid paying their fair share to the U.S. economy. Its time to take a hard stance on these corporations and get them to pony up what they owe to the American people. For example, a recent New York Times article states that Apple has "found legal ways to allocate about 70 percent of its profits overseas, where tax rates are often much lower". This has deprived the U.S. economy of an estimated 2 BILLION dollars in tax revenue in 2011 alone. Folks, that's one corporation in the technology sector. Tax loopholes are exploited every year across all sectors of business. It's time to seal the cracks and rebuild America!
