Executive Council Statement
Stop Unpatriotic Corporations from Shirking Their Taxes by Pretending They're Not American
… Dozens of large corporations have taken advantage of an outrageous loophole that allows them to dodge U.S. taxes when they renounce their U.S. citizenship. In recent months, several more corporations have announced … or if they are managed and controlled inside the United States and have substantial business here. Secretary Lew was right to suggest that Congress should make this fix retroactive to early May 2014, so corporations are on notice that any … our economic policies and dominating our politics, yet they have less and less loyalty to the people who actually live and work in America. They want to keep benefiting from all the things our government does for them that make it possible for them …