Chairman Whitehouse: Offshore Tax Evasion by Big Corporations, the Wealthy Cheats American People
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- Опубліковано 9 кві 2024
- April 10 | Senator Sheldon Whitehouse (D-RI), Chairman of the Senate Budget Committee, delivers an opening statement at a Budget hearing entitled, “Sunny Places for Shady People: Offshore Tax Evasion by the Wealthy and Corporations.”
This is why we KEEP electing Senator Whitehouse. Keep up the good fight sir.
I live in Virginia. We both are lucky 😉🫶🏼💙
We need more senators like Whitehouse, to keep oversite on these people,good job senator!
Don't Stop Senator Whitehouse! We are behind you. Truly despicable actions.
This man is genuine.
He is working for the people of this country... Unlike so many others just there to fill their pockets.
Thank you
SHARE THESE VIDEOS!
GET THE WORD OUT!
SHARE SHARE SHARE SHARE SHARE SHARE!!!!!
See his work on the captured courts including scotus
Thank you for being a politician that is actually working for the benefit of the average American.
Thank you, Senator Whitehouse. You're our champion.
Senator Whitehouse......you would make a FABULOUS president!
Wouldn’t that be cool. President Whitehouse in the White House
Whitehouse in the White House..... who couldn't market that...?
Idk , he is doing good where he is , would love to see him and Katie Porter tag team some corp slugs
Thank you, Senator Whitehouse!
This man is valuable to us. Brilliant!
Whitehouse for the White house
Thank you Sen.Whitehouse✨🇺🇸✨
Senator Whitehouse is true patriot and American. The 0.01% feel entitled, and they could care less about America citizens or anyone else for that matter. One question: Did Charles Koch get to take one cent with him when he reached his expiration date? The answer: No! It’s mind-boggling to me. Sadly, there is no such thing as fairness in this country.
Sen Whitehouse always nails it. Thank you
Sheldon Whitehouse for President!
Mandatory minimum prison sentence for hiding money overseas!! Fines do nothing to billionaires.
They call them the filthy rich for a reason.
Thank you Senator. Please never give up!
Tell tax cheats what someone told me... Freedom isn't Free
Freedom isn't real if it must be purchased with one's labor.
Freedom isn't real if we owe society for helping society.
@@user-zu5do6ri6r Society helping Society... When I was young, I thought I would never need anyone's help. I am no longer young... I am grateful for the things that society has provided me all these years... I live in perhaps the most free state in the most free country I have ever been in... A few weeks ago we were going over Monarch Pass in Colorado with a bit of weather pushing about... It was after midnight, roads were slightly slippery... Turned out that a couple snow plows were climbing the summit, laying down the heat to help keep me safe... Colorado Roads don't always have guardrails... Neither does life... Help everyone you can
So you believe those plow drivers should pay a fine for helping you?
Very well spoken Senator Whitehouse. We are so grateful for dutiful Senators such as yourself. Thank You for being the voice of reason for so many Americans. 🇺🇲🎉
Again and again this is why Whitehouse is the BEST!!! GQP and SCOTUS for sale. Moreover, idiots vote for them not seeing how they get hurt.
Senator Sheldon Whitehouse, thank you for your unwavering dedication to shining light on the wealthy class and corrupt corporations.
I was shocked five years ago. One Republican US Senator from Utah has money in five off shore bank accounts in five different countries. That's wrong.
Sounds like a good christian LDS member
He's following the example of his church leaders who have squirreled away a 100 billion dollar hedge fund using secret shell companies.
You can be sure it's all deductible under our tax laws (loopholes) which have been written by corporations and the wealthy.
Sheldon Whitehouse for President in 2028. 🇺🇸
Taxes are the price of admission in any civil society.
That's an interesting lie.
@@user-zu5do6ri6r ...said the freeloading Deadbeat Parasite. LOL!
@@user-zu5do6ri6r - No it's a truth that you choose to not believe. Who do you think would pay for highways, schools, colleges, crime enforcement, legal tender for purchasing goods/services, military for our protection, hospitals, doctors & nurses education, etc.
Schools and colleges are a drain on society at this point. Their main goal is to misinform and indoctrinate. Colleges specifically are paid for by students.
Highways can be paid for out of tariffs placed on goods.
Law enforcement agencies are enforcing laws we never voted in or asked for. They most certainly do not protect us.
Hospitals and doctors are paid for by the people, directly or through insurance. Putting tax money towards them is a giant waste.
Education is readily available online these days, continuing to fund those institutions just drains society.
Send your kids to Khan academy if you want to educate them.
Elementary schools are a scam. They typically indoctrinate and misinform children. All resources needed to educate our children are easy to obtain and cheap these days. At this point their primary function us babysitting.
College is funded from student loans. Our taxes are wasted on colleges.
Highways and roads can be funded by tariffs placed on goods.
Hospitals and doctors are funded mainly through insurance companies and direct payments.
Nurses are paid the same way
You listed education twice, proving my first point for me.
Let's face it. Income taxes are a fine placed on people for being useful to society.
Thank you Senator Whitehouse. I really appreciate you. I’m in PA. We have good senators as Well. Could you please bring the EQUAL RIGHTS AMENDMENT TO THE CONSTITUTION . WE ALREADY HAVE 38 STATES THAT HAVE ADOPTED IT TO THEIR CONSTITUTION .
Billionaires paying taxes like teachers and nurses---that's "radical communism" LMAO! Love you, Senator Whitehouse ✌😃🌎❤
Make it so chairman Whitehouse!
Impeach Clarence Thomas?
Thank you, Sen Whitehouse! You are truly a servant of The People as our elected representatives are supposed to be! ❤
Bravo...thank you
Thank you senator!
Senator, a few minutes of listening to you always renews my positive vision of our tomorrows.
Thank you from the bottom of my heart for all you do.⭐
Thank you, Senator Whitehouse, for your dedication, clarity and ability to share the truth. As a taxpayer, I'm disgusted by how large corporations and the wealthy cheat. I pay my taxes. They should too.
It is not appropriate to levy a tax on personal income.
Sen. Whitehouse, please go after the billionaires contributing "billions" to political campaigns for a write-off. The write-off should only be dismissed when they contribute to worthwhile causes, such as health, education, social services, and the environment.
At least one man in Congress honers his word and obligation his oath thank you senator whitehouse
That graph showing corporations' obvious ambiguity towards paying their fair needs a nickname like The Hockey Stick.
Tell us who they are.... and boycott
thank you Senator Whitehouse for disclosing this valuable information Most of us don't know all of this , they don't want us to know
but the ones that have to pay is the little people and if we don't we pay fines and much more. Why I sa;y why the richest people that have learned how to avoid paying is even allowed and not pay the same or more fines that we pay. Wake up people these are republicans
paying the judges and the gop's to do their bidding
Thank god for Sen. Whitehouse!!
Thank you Senator. Whatever it takes to get them to pay their FAIR share.
I am sure these ridiculously rich people have all the best money can buy etc. Now what do they do? Play the game of hide and seek it seems.
Well said Senator every word.
There is no such thing as a fair share of someone's income.
Slim down the tax code and remove the loopholes.
Absolutely. 10% tax across all people would likely cover most things. 20% could give us much more. No write offs. No prep needed. Simply straight tax across the board.
Amazon being a prime example!
This man needs a bigger mic.
Whitehouse for the Whitehouse!
Thank you!
Thank you for all the light you shed on clearly what is a systemic problem from cartels, climate change, and the courts. 2028
Republicans would have even less tax paid to the govt. if they could, VOTE BLUE!
Our government doesn't need more money.
Amazing!!!
I'd like to hear Grassley's take on corporate tax cheats
He doesn't even know what day it is.😂
Yea right. He has no morals. He's a Rethuglican.😤🚩
I'm sure there's a video of it here on UA-cam. Or on the Senate website.
Let’s go! Fox this Congress. You work for the taxpayers, not billionaire tax avoiders!!!
Billionaires for fascism and Citizens United.
They love that.
Thank you Mr White House for your honesty and transparency with the American people in the world
Godspeed, Senator Whitehouse 🙏
Keep their feet to the fure, Senator Whitehouse👍🏽👏🏾‼️
❤Sen. Whitehouse! 👍😎✊
Senator Whitehouse Giant Of The Senate And A True Statesman!
Cheating on your taxes ,apparently ,is only illegal IF
you can't cheat grandly enough to still profit from it ,
After paying a battery of accounting firms hundreds of millions of dollars ,
to make your returns so complex , that they are not auditable !
And don't forget to count the cost of lobbyists and campaign contributions ,
that are necessary to defund the I R S to the extent that they can't audit complex returns .
It is all legal if you SPEND ENOUGH MONEY DOING IT !
YOU JUST NEED TO DO IT BIGLY ENOUGH !
to make it worthwhile .
Keep up the great work. Thank you.
Loop holes, for the wealthy! This is America!
Why can't the IRS set a priority to collect these taxes. ???? Can't they shuffle resources to where they will create the most revenue?? Shouldn't that be an operational priority???
Congress passes their budget and prevents this .
Thank you sir! 🎉 It means so much to the average joe to see you taking these sham cheats into the eyes of compliance and duty.
I love Senator Whitehouse why can’t more senators and congressman be like this man filled with honor and scruples!!!
Thank you, Senator.
Tyvm Senator. You've taught me a lot. A few times, your messages have pulled me straight out of the glassy eyed comatose state I can fall into after being exposed to gobbledygook for far too long. Keep yr chin up.
Brilliant analysis. Keep fighting, Senator Whitehouse. I support and greatly admire you. It has become a global issue we all need to fight against.
This is the thing we need to fix.
This is why the GOP Congress wants to defund the IRS. Vote them all out! 💙
Thank God for you, Senator! Fairness is indeed the issue. Stay in the fight!
Thank you, Mr. White House you set an exemplary example of how our government is both deficient and needs to be arranged! So why don’t the rest of you politicians wake the hell up and follow Mr. White House examples.🇺🇸
There ought to be mechanisms to prevent statutes of limitations from collapsing cases. It's an outrage that criminals to --Scot--- "Trump"-free when their lawyers are able to slow down the case enough.
this is all show, nothing will change, legalized bribery is the root problem
Another great job! 👏🏼🔥Ⓜ️Ⓜ️
The following is a Public Service Announcement: All any CIVILIZED Society needs is a TAX STRUCTURE to help maintain the infrastructure and an INFRASTRUCTURE to maintain a TAX STRUCTURE. Everything else is a luxury.
Close loopholes, and tax the rich, this is how DEMOCRATS will fix our country.
Putting a tax on labor is not necessary for a society to function.
@@user-zu5do6ri6r Taxing labor helps create uniformity. This creates a solid tax base that our CHILDREN would use to help fulfill their dreams. People should want to pay taxes. Because taxes make our world go around.
The first statement sounds like made up nonsense. Uniformity in what?
Creating a solid tax base on income does the opposite of helping our CHILDREN achieve their dreams. It steals from their efforts to achieve their dreams and hands it to someone else.
Nobody SHOULD want to pay a tax on being useful to society. Being useful and working for society makes our society function. We pay taxes on far to many other things already.
The world spins of its own accourd, that's a principle of physics and not taxes.
Thank you Senator Whitehouse. Once again, the Senator confirms my belief that he should be the Democrats candidate for POTUS. If not in 2024, then in 2028.
Thank you, Senator Whitehouse for You and your team keeping the truth being your quest and being willing to to stand up and speak it!
This excellent speech , a few details aside , applies to the U.K.
Bravo! : )
This Senator works hard for all Americans. Thank You RI 'ers. For giving us Senator Whitehouse!!
Thank you Senator 🇺🇸
Thank you Senator Whitehouse! Keep digging and keep pushing for the truth to come out and let there be consequences!
This needs to be seen on every TV station in America. I don't think anyone could've made more of a point in such a short time, and pretty much summed up the key outlying peoblem, which is filthy richarsed tax cheats.
The “Honor” system…… There is NO Honor among Thieves
PREACH!! :) Thank you so much for serving this country!
Thank you Sheldon. 😎
I have only ever paid on my returns the last 2 years. Always, always got a refund. Thank you Senator Whitehouse. I make less due to inflation and now compounded with owing tax. I am pinched.
I am an Australian, with shares in Australian companies. I often wondered why I would sometimes get mildly threatening letters about reporting my income to the US Tax Office. My accountant told me not to worry, it only applies to US citizens and companies.
After seeing this video, I now see what the problem is.
I want a cap for profits
The USDA has personnel in slaughterhouses to keep meat safe. It seems to work, I've never been sickened by meat. I see no reason why the government can't install an accountant to keep corporations honest, or have all assets immediately frozen. I think we'll be able to get them to pay their fair share.
Republicans don't want to give the IRS money to hire more agents! The staff audits simple returns.
Bless you Senator Whitehouse. 💪💙🇺🇸🌊😎🗽🙏
Who the hell can do something about this?
I jnow i can't.
It's unfortunate that the mainstream media is not interested in this topic😮
Who are they trying to protect.lol
The main stream media treat American adults as if they were 12 year olds.
Why does the government allow this and why dont they stop it?? Im overwhelmed ny taces each year snd titedog paying gor what these greedy corporations dont. List sll of them so we can start a boycott!!
$688 billion?! That could cover _most_ of the federal deficit! Sounds like properly funding the IRS and enforcing existing tax laws would go a long way toward balancing the budget.
You forget that politicians will just spend more.
Get a couple of these entries to pay up and we could almost pay off the deficit.
Same happens in the UK.
When I was a kid in the 1960's I recall being taught in elementary school that supporting your country with hard work, public service, military service when necessary , obeying the rule of law *and* paying your fair share of taxes were *admirable* and *necessary* things for *ALL* American Citizens to do. How can it be that only three or four generations later three or four really, really, really, really rich UNTAXED people have managed to twist things around to the point where *they* have more income comin' in than the total income of 90% of Average American Citizens?
Who allowed that to happen? GOP political factions within our OWN government have allowed that to happen. Personally I have no respect for people who make a *more* than adequate living who pay no taxes at all. I'm especially upset over the fact that a lot of the corporations these people own get *huge* tax refunds. Type the question: "How many huge people/corporations have gotten enormous tax refunds and haven't paid any taxes at all?" I typed that into my Google account and there were *331,000,000* responses. Got a minute? The top answer to my question revealed that there's *55* major corporations who haven't paid anything *in* but have gotten plenty of $$$ *out* of the Federal Government since 2020. Our own government has a lot to answer for. Let's reverse the Supreme Court's 2010 Citizens United decision and strengthen American Democracy instead of defunding our Rule of Law until our Democracy is "small enough to drown in a bathtub" as the GOP's Tea Party vowed to do in 2009.
It's interesting how you dodge all accountability in this. What did you do to stop it?
@@user-zu5do6ri6r :D I have voted in every election, local, state and federal for the support of the Common Good for decades now. It's much easier to do that these days since the majority of people in Michigan, (including me), voted for mail-in-ballots years ago. :) I've happily paid my fair share of taxes to not only fund my own Social Security retirement but to *pay it forward* for future generations of Americans to provide for Medicare, libraries, police, the military, electricity, roads, bridges, tunnels, water systems, schools, hospitals, Public Education, Adult Education, and everything else a population referred to as "the Land of the Free and the Home of the Brave" should have.
I'm only doing what *millions* of Americans have done before me and participated in supporting the Common Good for All Americans. Not just myself. What have *you* done?
I love Senator Whitehouse shining a light on all the hidden dark money. I have immense respect for senator Whitehouse. A senator that actually does his job.
This is the issue! Speaking out... "oh, by the way...it's wrong to cheat."
Publicly identify the tax cheats and how much they owe. Then give them a chance to pay up. If no taxes are paid then arrest the principals for tax fraud.NO BAIL…
It's not about money, it's about POWER! Take that power away. 😮
Even social security is federally taxed depending on how much you earn.
You tell them. You're making me somewhat hopeful that things can turn around. Keep shaming those who protect the ultra-rich cheats. Keep the pressure on.
Wow , I heard about this , last week , I mean 6mths ago , 3 years ago, 14 years ago , 35 years ago , over 50 years ago , my father told me his father said that the government was well aware of this 110 years ago......so who really is complicate ....their partner in crime.....they go golfing , or to jeffiez Island for the weekend and laugh about it