For Immediate Release
May 4, 2009 |
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FOR MORE INFORMATION:
Hilarie Chambers
Office: 202.225.4961
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Levin Statement on President’s International Tax Reform Proposals |
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(Washington D.C.)- Rep. Sander Levin issued the following statement today regarding President Obama’s proposals to reform tax incentives for multinational corporations and to limit the abuse of offshore tax havens.
“The President has issued a clear call to action that the tax code tilt that encourages U.S. businesses to shift production overseas must end. The President has proposed sensible reforms that will replace loopholes and other features of our tax code that encourage the shifting of business operations overseas with strong incentives like the R&D Credit to create the jobs of the future right here at home.
“The President has also outlined important steps forward in ending the ability of some of the very wealthiest to shelter income offshore in so-called “tax havens.” Tax avoidance rightly offends the overwhelming majority of Americans who are paying their fair share; curtailing this abuse is vital to ensuring that all taxpayers can have confidence that our system is fair.”
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To Contact Congressman Levin: -
Email Congressman Levin In Michigan: 27085 Gratiot Ave, Roseville, MI 48066 | (586) 498-7122 | (248) 968-2025
In Washington: 1236 Longworth House Office Building, Washington, DC 20515 | (202) 225-4961
