Congressman Doggett Calls for Approval of Measure to Create Jobs and Level the Playing Field for American Companies PDF Print

Today, on the House floor, I spoke in favor of the Small Business and Infrastructure Jobs Tax Act, which includes provisions to spur investment in local rebuilding projects and to help our small businesses grow, fueling our Central Texas economy. Specifically, the bill includes a measure that I authored to crack down on foreign corporations using tax havens to dodge American taxes. I have been an outspoken opponent of offshore tax abuse. In addition to my bill, Fairness in International Taxation, on which this measure is based, I also introduced the Stop Tax Haven Abuse Act (STOP Act), comprehensive legislation to curb abuse of offshore tax shelters that cost taxpayers nearly $100 billion a year. The STOP Act was incorporated in part into the HIRE Act, which was recently signed into law. To hear my remarks, please click here.