canada africa partner reservation Manitowoc’s letter supports the Corporate Tax Avoidance Prevention Act

Manitowoc’s letter supports the Corporate Tax Avoidance Prevention Act

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To share your thoughts in a letter to the editor of the Herald Times Reporter, email [email protected] or [email protected].

Here is this week’s letter to the editor of the Herald Times Reporter. See our letters policy below for more information on how to share your views.

Support the Corporate Tax Evasion Prevention Act

Companies regularly use loopholes and aggressive tax breaks to avoid paying their fair share of taxes, from stashing profits in offshore tax havens like the Cayman Islands to getting tax breaks for shifting jobs abroad.

The 2017 Trump-Republican tax law made this worse by nearly cutting the corporate tax rate in half, which benefited CEOs and wealthy shareholders, not working people.

U.S. Sen. Bernie Sanders, I-Vermont, and U.S. Rep. Jan Schakowsky, D-Illinois, have introduced the Corporate Tax Dodging Prevention Act (S. 991 & H.R. 2254), which would close loopholes and ensure that large, profitable corporations pay their fair share of taxes. This new bill would raise more than $2.3 trillion over ten years, enabling investments in working families and communities.

Write to your Senators and tell them to support S. 991 and Representatives to support HR 2254.

Kim Everett

Manitowoc

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Our letter policy

Letters to the Editor are published in the order in which they are received and letter writers may publish only one letter per month. Letters can be emailed to [email protected] and editor Brandon Reid at [email protected]. Letters must meet specific guidelines, including no more than 250 words, and be from local authors or on topics of local interest. All submissions must include the name of the person who wrote the letter, city of residence, and a telephone number. Letters are edited as necessary for style, grammar, length, honesty, accuracy, and libel.