Oxfam Report Exposes US Companies Offshore Taxes In Wake of Panama Papers
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FEATURING ROBBIE SILVERMAN – Just weeks ago, the world’s largest leak of classified material, the Panama Papers caused a political earthquake over tax evasion by billionaires and politicians. But what was dramatically missing from the reports so far is how Americans are hiding their money offshore.
Now, Oxfam America has released its newest report, Broken At the Top: How America’s dysfunctional tax system costs billions in corporate tax dodging. In it, the group details how major US corporations are hiding billions in offshore tax havens. As ordinary Americans scrambled to file their returns in time on Tax day, Oxfam’s report reminds us just how differently wealthy corporations are treated in our economy.
Read the report at www.oxfamamerica.com.
Robbie Silverman senior policy advisor for private sector engagement at Oxfam America.