To the Point
Obama to Crack Down on Corporate Offshore Tax Havens
By some estimates, $700 billion in American corporate earnings are parked in offshore tax havens out of reach for US tax collectors. Today, President Obama announced a plan to crack down "on illegal overseas tax evasion, close loopholes, and make it more profitable for companies to create jobs here in the United States."
By Warren Olney • • 1 min readBy some estimates, $700 billion in American corporate earnings are parked in offshore tax havens out of reach for US tax collectors. Today, President Obama announced a plan to crack down "on illegal overseas tax evasion, close loopholes, and make it more profitable for companies to create jobs here in the United States." Tom Braithwaite is business and politics correspondent at the Financial Times.
The full episode
1 of 3
Today, It's Chrysler... Tomorrow, GM?- 0:00Obama to Crack Down on Corporate Offshore Tax HavensYou’re reading this
- 7:46Today, It's Chrysler... Tomorrow, GM?
- 44:16Brain-Booster Drugs
The full episode
1 of 3Today, It's Chrysler... Tomorrow, GM?- 0:00Obama to Crack Down on Corporate Offshore Tax HavensYou’re reading this
- 7:46Today, It's Chrysler... Tomorrow, GM?
- 44:16Brain-Booster Drugs