Friday, January 28, 2005

Picking Up the Slack

A Congressional report finds that Washington could have $311 billion more in the bank over the next 10 years if it would simply clamp down on tax dodgers. Scrapping the system for collecting taxes on American companies operating overseas could save $55 billion. Expect the report from the Joint Committee on Taxation to run into stiff competition from special interests. (NYT)

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