December, 05 2013, 03:06pm EDT
For Immediate Release
Contact:
Jennifer Tong, Policy & Communications Director
jennifer@jubileeusa.org / (m) (320) 241-7082 / (o) (202) 783-3566 x101
Representatives Doggett and DeLauro Introduce Legislation to End Sequestration and Corporate Offshore Tax Havens
Jubilee USA Applauds Legislation that Helps Millions of People Escape Poverty
WASHINGTON
Congressman Lloyd Doggett and Congresswoman Rosa DeLauro today introduced the Sequester Delay and Stop Tax Haven Abuse Act, a bill that would end sequestration and curb corporate use of offshore tax havens. The legislation also requires country-by-country reporting of corporate tax payments to both developed and developing nations. This reporting is critical to curb corporate tax avoidance, a systemic cause of poverty.
"Congressman Doggett and Congresswoman DeLauro have introduced legislation that will benefit millions of people," said Eric LeCompte, Executive Director of Jubilee USA Network, a faith-based antipoverty organization. "When corporations don't pay their taxes, it's always the poorest people who are hurt the most."
Many multinational corporations avoid paying taxes by hiding their corporate income in offshore tax havens, affecting countries in every corner of the globe. By avoiding tax payments, particularly to developing countries, these corporations deprive struggling nations of the resources they need to build infrastructure and address poverty.
The Sequester Delay and Stop Tax Haven Abuse Act would curb the harmful practice of tax avoidance by requiring corporations to report their tax payments on a country-by-country basis. This type of reporting discourages companies from bribing governments and creates a transparent record of what, if any, taxes are being paid to governments.
More than half of all banking assets and one-third of multinational company investments are routed through tax havens."It's estimated that for every $10 a country receives in development aid, $15 exits the country as a result of corporate tax avoidance," noted LeCompte.
The revenue that would be generated in the US from these corporate taxes is estimated to be approximately $220 billion over ten years. This money would be used to repeal the sequester for 2014 and 2015, and only partially implement it in 2016.
"It's time to stop corporate tax avoidance by multinational corporations and end the austerity practices that continue to hurt the most vulnerable," shared LeCompte.
Jubilee USA Network is an interfaith, non-profit alliance of religious, development and advocacy organizations. We are 75 U.S. institutions and more than 750 faith groups working across the United States and around the globe. We address the structural causes of poverty and inequality in our communities and countries around the world.
(202) 783-3566LATEST NEWS
Modi Government Crackdown on Dissent Hits 'Crisis Point' Before Indian Elections
"The growing crackdown clearly shows the authorities' blatant disregard for human rights and rule of law," said one Amnesty International campaigner.
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As India's right-wing government cracks down on opposition ahead of next month's general elections, Amnesty International on Friday urged authorities to "stop weaponizing the criminal justice system to intimidate and harass" political candidates, activists, and others.
Protests broke out in the capital New Delhi and other Indian cities after police on Thursday arrested Delhi Chief Minister Arvind Kejriwal, an opposition leader from the Aam Aadmi Party, over corruption allegations AAP members say are politically motivated. Two other AAP leaders were previously arrested in connection with the same case, which involves the alleged favoring of certain alcohol vendors and illegal campaign financing.
Authorities also froze the bank accounts of another leading opposition party, the Indian National Congress, over a tax dispute that dates back to 2018. Party leader Sonia Gandhi accused Indian Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) party of perpetrating "a systematic effort to cripple the party financially."
“They want to know we are corrupt like them, which is not the case.” – AAP chief spokesperson Priyanka Kakkar on the BJP’s crackdown on opposition politicians.
AAP leader Arvind Kejriwal was arrested just today on charges of corruption.
The India Report: https://t.co/rxPr6zKnWx pic.twitter.com/P3eSbxVTVm
— Al Jazeera English (@AJEnglish) March 21, 2024
Gandhi, Kejriwal and others have repeatedly accused of Modi's government of misusing federal agencies and resources to repress opposition figures as elections loom. The BJP denies the allegations.
"The Bharatiya Janata Party-led Indian government's crackdown on peaceful dissent and opposition has now reached a crisis point," Amnesty International India board chair Aakar Patel said in a statement.
"The authorities have repeatedly exploited and weaponized various financial and terrorism laws to systematically crack down on human rights defenders, activists, critics, nonprofit organizations, journalists, students, academics, and political opposition," Patel added. "The arrest of Arvind Kejriwal and the freezing of Indian National Congress' bank accounts a few weeks before India holds its general elections show the authorities' blatant failure to uphold the country's international human rights obligations."
Patel continued:
What we are witnessing is a brutal crackdown on human rights including through the misuse of central investigative and financial agencies, attacks on peaceful protests, arbitrary arrests, use and export of invasive spyware for unlawful surveillance, [and] systematic discrimination against religious minorities to feed into their majoritarian Hindutva politics and targeted suspension of opposition leaders from the Parliament who dare to hold the authorities to account.
"The growing crackdown clearly shows the authorities' blatant disregard for human rights and rule of law," Patel added. "Authorities must respect, protect, promote, and fulfill the human rights of everyone in the country including human rights defenders, activists, and opposition candidates before, during, and after the general elections which are due to begin in April 2024. Authorities must also ensure access to justice and effective remedies for victims of human rights violations."
On Thursday, the U.S. House of Representatives' bipartisan Tom Lantos Human Rights Commission held a hearing on the situation in India.
The commission noted that in recent years, as Modi and the BJP have consolidated power, "concerns about human rights abuses in India have grown" over "a wide range of significant rights issues, including restrictions on religious and press freedoms, violence or threats of violence targeting members of national/racial/ethnic and religious minorities, harassment of and restrictions on civil society and human rights organizations, corruption, and lack of accountability."
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Before leaving Capitol Hill, House members passed a spending package intended to prevent a partial government shutdown that could still occur unless the Senate acts. Fewer than two dozen Democrats and over 100 Republicans opposed the bill. Democratic opposition was largely related to Israel's war on the Gaza Strip.
Meanwhile, far-right Republicans like Texas Congressman Chip Roy have made comments like, "Everyone that I know and trust about the border, about overall spending, see it as a complete and total failure and a capitulation by Republicans. And leadership worked the deal, so it's on leadership."
Congresswoman Marjorie Taylor Greene (R-Ga.) not only opposed the package but also filed a motion to vacate, hoping to remove House Speaker Mike Johnson (R-La.)—which would only require a simple majority if it came up for a vote.
The \u201cRepublican-controlled\u201d House just passed a $1.2 trillion spending bill that doesn\u2019t secure our border, but funds full term abortion and trans ideology on our youth.\n\nI filed a Motion to Vacate because the House needs a Speaker who\u2019s able to win for Republicans and our\u2026— (@)
House Republicans elected Johnson to the leadership role in late October, after ousting former Speaker Kevin McCarthy (R-Calif.)—who then opted to leave office at the end of last year—and rejecting three other candidates for the post: Reps. Tom Emmer (D-Minn.), Steve Scalise (R-La.), and Jim Jordan (R-Ohio).
Noting that Greene filed a regular motion rather than a privileged one, meaning it could be referred to a committee, "where it would likely languish," NBC Newsreported Friday:
Greene told reporters that her motion to vacate was "more of a warning than a pink slip," saying she does not want to "throw the House into chaos," like the three and a half weeks that the chamber was without a speaker when McCarthy, her close ally, was ousted.
"I'm not saying that it won't happen in two weeks or it won't happen in a month or who knows when. But I am saying the clock has started. It's time for our conference to choose a new speaker," she said.
Johnson's October election led Rep. Matt Gaetz (R-Fla.)—who filed the motion to vacate targeting McCarthy—to declare that "MAGA is ascendant," a reference to the "Make America Great Again" campaign slogan of former President Donald Trump, the presumptive GOP nominee for the November election.
While Gaetz voted against the spending package on Friday, he also said that "if we vacated this speaker we'd end up with a Democrat. You know, when I vacated the last one, I made a promise to the country that we would not end up with a Democrat speaker and I was right. I couldn't make that promise again today."
Asked if he thinks Johnson's job is safe, Gaetz responded, "It is."
House Minority Leader Hakeem Jeffries (D-N.Y.) also responded dismissively when questioned about Greene's motion on Friday, tellingPunchbowl News, "She's a joke."
A spokesperson for Johnson, Raj Shah, toldPolitico that the speaker "always listens to the concerns of members, but is focused on governing. He will continue to push conservative legislation that secures our border, strengthens our national defense, and demonstrates how we'll grow our majority."
However, Johnson's limited control over the House is dwindling. Congressman Mike Gallagher (R-Wis.), who backed the spending bill, revealed that he is resigning from his seat effective April 19 after previously saying that he would not seek reelection. Friday was also the last day of Rep. Ken Buck (R-Colo.), who announced earlier this month that he would step down from his seat.
The Washington Post noted Friday that "Buck and Gallagher are the sixth and seventh members of the House who are quitting midterm simply to leave for the private sector, a trend we dubbed 'the Great Resignation' last weekend. It's also the highest number of lawmakers quitting public service altogether in at least 40 years."
Responding to Gallager's announcement on social media, HuffPost's Jennifer Bendery said that "House Republicans are imploding in plain sight."
In yet another disruption to the chamber's GOP leadership, Rep. Kay Granger (R-Texas)—who announced last year that she wouldn't seek reelection—wrote in a Friday letter to Johnson that she plans to step down as chair of the House Appropriations Committee.
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GOP members of the upper chamber were also accused of sowing chaos on Friday, as the midnight shutdown deadline loomed.
Senate Budget Committee Chair Sheldon Whitehouse (D-R.I.) said on social media, "Well, it looks like we're headed for a shutdown at the hands of Senate Republican gremlins who (1) know that amendments can't pass because there's no House to send an amended bill back to (they adjourned) and (2) want amendments anyway."
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"As we speak, in this moment, 1.1 million innocents in Gaza are at famine's door. A famine that is being intentionally precipitated through the blocking of food and global humanitarian assistance by leaders in the Israeli government," Ocasio-Cortez (D-N.Y.) said during her speech. "This is a mass starvation of people, engineered and orchestrated following the killing of another 30,000, 70% of whom were women and children."
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There is no world in which the forced famine of 1.1 million people cannot be considered genocide. And that is exactly what we are watching unfold in Gaza now.
We must enforce U.S. laws and halt weapons transfers to the Israeli government to stop an atrocity in the making. pic.twitter.com/N40Jk3yKc7
— Rep. Alexandria Ocasio-Cortez (@RepAOC) March 22, 2024
Ocasio-Cortez related that "a decent man" once said: "'Preventing genocide is an achievable goal, a goal that requires a level of government organization and engagement that matches in its intensity the brutality and efficiency required to carry out mass killing. Too often, these efforts have come too late, after the best and least costly opportunities to prevent them have been missed.'"
"The man who said that was then-Vice President and now President Joseph Biden," she revealed. "And he was right."
Ocasio-Cortez was referring to a 2011 speech during which Biden told an audience at the United States Holocaust Memorial Museum that "when a state engages in atrocity, it forfeits its sovereignty."
This, as U.S. troops were committing atrocities while violating the sovereignty of Afghanistan, Iraq, Libya, Pakistan, Yemen, and Somalia as the Obama administration continued and expanded the so-called War on Terror launched after 9/11 by then-President George W. Bush.
"This is not just about Israel or Gaza. This is about us," Ocasio-Cortez added. "The world will never be the same. And we will never be the same. And we must write our story in this moment, of what it means and who we are as Americans. And our story must be not that we were good men who did nothing. But that we were a committed democracy that did something."
Ocasio-Cortez's plea came as her House colleagues voted 286-134 on Friday to extend U.S. sanctions on the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) until March 2025, while authorizing another $3.8 billion in military aid to Israel. Ocasio-Cortez was one of just 22 House Democrats to vote against the measure, which also authorizes more than $1 trillion in spending on U.S. militarization.
Responding to unfounded Israeli claims—reportedly resulting from torture—that 12 of UNRWA's more than 13,000 workers in Gaza took part in the October 7 attacks on Israel, the U.S. and more than a dozen other countries suspended funding for the lifesaving agency, even as famine loomed amid Israel's relentless bombardment and siege. Numerous nations have since reinstated financing for UNRWA, most recently Finland on Friday.
The Biden administration—which is seeking an additional $14.3 billion in military aid for Israel—continues to support the country's war on Gaza even as evidence mounts that the key ally is violating an International Court of Justice order to avoid genocidal acts. However, the administration has ramped up its criticism of Israeli war crimes, with Biden imploring the Israel Defense Forces to stop its "indiscriminate bombing" of civilians and Secretary of State Antony Blinken this week asserting that "children should not be dying of malnutrition in Gaza."
"It's time for the president to bring real leverage to bear, in accordance with existing U.S. law, and suspend military assistance to Israel."
But they are dying, and critics say U.S. humanitarian airdrops and construction of an aid port are essentially meaningless as long as Washington also continues to back Israel's genocidal onslaught. And now the world is watching as Israeli Prime Minister Benjamin Netanyahu and members of his far-right government vow to invade Rafah, where around 1.5 million Palestinians—the vast majority of them refugees forcibly expelled from other parts of Gaza—are sheltering.
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"It's time for the president to bring real leverage to bear, in accordance with existing U.S. law, and suspend military assistance to Israel," Duss added. "We applaud Congresswoman Ocasio-Cortez's courageous call today for President Biden to do that."
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