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Levin Center at
@_WayneLaw is now on@Twitter. Follow our work on oversight/current issues@Levin_CenterThanks. Twitter will use this to make your timeline better. UndoUndo -
Very positive development in the UK on legislation to require UK territories to disclose real owners of corporations. If enacted, Caymans, Bermuda, BVI will no longer be place to hide income. US Congress needs to do the same for our states.https://www.theguardian.com/politics/2018/may/01/uk-to-introduce-public-ownership-registers-for-overseas-territories?CMP=Share_iOSApp_Other …
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Remembering the first Earth Day in 1970. Senator Phil Hart spoke to a large crowd at Wayne State University. Said poverty, war, hunger, all contributors to environmental degradation.
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An excellent article on
#taxes in America and what’s at risk for all of us. Thank you, Professor Kleinbard.http://www.latimes.com/opinion/op-ed/la-oe-kleinbard-tax-health-20180415-story.html …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Important facts to know about U.S. taxes from the Institute on Taxation and Economic Policy (
@iteptweets), a non-partisan, non-profit research organization that focuses on tax policy.https://itep.org/10-things-you-should-know-on-tax-day-2/ …Thanks. Twitter will use this to make your timeline better. UndoUndo -
I couldn’t agree more with the need for corporate transparency. The only justification for hiding ownership is to hide ownership.https://www.washingtonpost.com/opinions/my-law-degree-wasnt-meant-for-money-laundering-but-boy-it-would-make-it-easy/2018/03/29/f7cbfa4c-320b-11e8-8bdd-cdb33a5eef83_story.html?utm_term=.6b29665847ff …
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Recent analyses of effects of new tax law show oil and gas industry gets $25 billion boost https://psmag.com/economics/tax-bill-oil-company-bonanza … and 60% of benefits from the new tax law go to shareholders, 15% to employees. https://www.bloomberg.com/gadfly/articles/2018-03-05/five-charts-that-show-where-those-corporate-tax-savings-are-going …. Facts are facts.
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Click on the story below to read more of my thoughts on congressional investigations.https://twitter.com/_WayneLaw/status/976139344204521473 …
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Here’s a fact that bots, Speaker Ryan and President Trump can’t refute. Warren Buffet reported in his annual letter to Berkshire Hathaway shareholders a $29.6 billion windfall from the
#Taxcut. That’s a lot of bridges, roads and schools.Thanks. Twitter will use this to make your timeline better. UndoUndo -
Senator Carl Levin Retweeted
This spring, the
@Levin_Center is partnering with@_WayneLaw 's law review students to bring that national conversation about congressional oversight to Detroit. Learn more here: https://law.wayne.edu/levin-center/lawreview2018 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Kudos to the B Team corporations and their new principles for responsible corporate taxation. US multinationals ought to join the B Team's admirable
#corptax effort.https://issuu.com/the-bteam/docs/bteam_responsible_tax_pagespreads/2 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Senator Carl Levin Retweeted
The
@Levin_Center is accepting nominations for the inaugural@SenCarlLevin Award for Effective Oversight. Learn more and nominate a legislator or two today! http://go.wayne.edu/carllevinawardThanks. Twitter will use this to make your timeline better. UndoUndo -
Excellent exposition of HSBC’s failure over the years to meet anti-money laundering requirements, an issue subject to a major oversight investigation by the Senate Permanent Subcommittee on Investigations when I had the privilege to chair. See
#Netflix, Dirty Money, Episode 4.Thanks. Twitter will use this to make your timeline better. UndoUndo -
Facts are important. Yes, US corporations are paying billions in taxes under new the tax law, but that’s a smaller percentage of earnings than the average American pays.
#GOPtaxlawhttp://thehill.com/opinion/finance/372835-big-tech-deserves-no-gratitude-for-dodging-its-us-taxes …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Senator Carl Levin Retweeted
Say it isn’t so. We need bridges between the Republican and Democratic staffs on House Intelligence Committee, not walls.https://www.cbsnews.com/news/house-intel-committee-gop-plan-to-wall-themselves-off-from-democrats-devin-nunes-adam-schiff/ …
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Senator Carl Levin Retweeted
Bipartisan, fact-based Congressional oversight of Russian involvement in US elections is critical to upcoming 2018. Sec. State Tillerson acknowledges difficulty in stopping it.
#Russianinvestigationhttps://www.nbcnews.com/news/us-news/tillerson-warns-u-s-not-better-prepared-new-russian-election-n845396?cid=sm_npd_nn_tw_ma&wpmm=1&wpisrc=nl_daily202 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Facts are critical. Important for people to know that under new tax law, in just 40 days, corporate shareholders have received $100 billion through buybacks of stocks.
#GOPtaxlawhttps://www.washingtonpost.com/news/wonk/wp/2018/02/07/democrats-say-corporate-shareholders-have-pocketed-nearly-100-billion-from-gop-tax-law/?utm_term=.4c9b0bab1718 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Senator Carl Levin Retweeted
The latest attacks on the FBI and Department of Justice serve no American interests – no party’s, no president’s, only Putin’s. https://www.mccain.senate.gov/public/index.cfm?p=press-releases&id=12E0BD0A-B549-43ED-B42E-594EDBE182C1 …
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Senator Carl Levin Retweeted
I read the Nunes memo. There’s not a single damning thing in it.https://www.vox.com/world/2018/2/2/16965086/nunes-memo-dud-release …
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Speaker Ryan is wrong. He confuses “conducting legitimate oversight” with partisan oversight. I did bipartisan oversight for 36 yrs. “Legitimate oversight” requires sharing info, working together, a joint commitment to the facts.
#NunesMemoThanks. Twitter will use this to make your timeline better. UndoUndo -
It also means not making changes to a report after a committee votes on it. The release of the
#NunesMemo is not how you conduct “legitmate oversight”Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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