What's all the buzz about 'earnings stripping'?

New legislation from Rep. Levin and Rep. Van Hollen would limit a common strategy used by inverted corporations - 'earnings stripping' - to lower their U.S. taxes.
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Why I Oppose TPP

“My main concern is how TPP might impact jobs and the livelihood of American workers. We have lost millions of good jobs as other nations have competed against us unfairly.”
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Trading Views: Real Debates on Key Issues in TPP

W&M Democrats are hosting a series of in-depth forums on key issues in the TPP trade agreement. Read more to find videos, schedules, and additional resources.
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Levin, Baldwin, Patriotic Millionaires: Close the Carried Interest Loophole

Representative Sander Levin and Senator Tammy Baldwin joined Patriotic Millionaires – a group of more than 200 wealthy Americans – in calling on Congress to close the carried interest loophole.
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JCT: Closing Carried Interest Loophole Saves $15 Billion

Closing the carried interest loophole is gaining support on both sides of the aisle. The non-partisan Joint Committee on Taxation estimates that doing so would raise $15 billion in revenue that would otherwise end up in the pockets of wealthy fund managers.
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Latest News

Rep. Levin: ITC Report Fails to Evaluate Real Impact of Trade Agreements

Jun 29, 2016 Press Release

Dynamic scoring? “I won’t believe the numbers.”

Jun 24, 2016 Blog

House Republicans’ recently-released tax agenda relies once again on dynamic scoring, or trickle-down economics. You know, the belief that tax-cuts for businesses and the wealthy will trickle down to boost the economy (How’d that work out, Kansas?). Unfortunately for House Republicans, economists on both sides of the aisle have for years warned that dynamic scoring “is about using smoke and mirrors” to enact tax cuts without paying for them.

Levin Statement on Republican ‘Better Way’ Tax Reform Agenda

Jun 24, 2016 Press Release

Levin, McDermott, Becerra Statements on 2016 Medicare and Social Security Trustees Report

Jun 22, 2016 Press Release