Peter Roskam Acts to Protect Offshore Tax Havens for the Rich
Peter Roskam is not telling you the truth.
Today (December 19th), Roskam published on his House web site a brief news item announcing “ROSKAM PROTECTS 70,000 IL-6 RESIDENTS FROM ALTERNATIVE MINIMUM TAX”. This was in regard to the Democratic plan to relieve middle class taxpayers of liability for the Alternative Minimum Tax beginning in the coming tax season.
What Roskam is not telling you is that he and his Republican colleagues absolutely refused to vote for the measure until provisions were removed from the bill that would have closed loopholes that allow wealthy individuals to escape paying taxes by keeping assets offshore and allow some investment fund managers and venture capitalists to pay much lower tax rates than ordinary taxpayers.
December 20, 2007 No Comments