“Scottish Labour must have a coherent answer to the question of what is the democratic route to another indyref.”

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Chris Ward: “I rise today once again to address an issue that this Congress has yet to face, that is the issue of billionaire…”

On the recordSeptember 12, 1995
I rise today once again to address an issue that this Congress has yet to face, that is the issue of billionaire expatriates. Mr. Speaker, on numerous occasions the majority has refused permanently to close a tax loophole which enables billionaires to renounce their U.S. citizenship in order to avoid paying taxes. To add insult to injury, the Washington Post reported yesterday that the State Department, has received an application from the country of Belize to open a diplomatic post in Sarasota, FL, exclusively for the convenience of billionaire expatriate Kenneth Dart, whose family happens to live in Sarasota. The arrangement would allow Mr. Dart to continue to avoid paying U.S. taxes, while living with his family in the United States. Mr. Speaker, I have sent a letter to Secretary Christopher urging him to deny the permission to open this office. Mr. Speaker, we must close this loophole.
Said by
Chris Ward
Labour Party
Source
govinfo.gov

Editor's note · Context

Addressing the issue of billionaire expatriates and tax loopholes during a congressional speech.

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