On the recordJune 12, 2014
the unanimous consent proposal that I just made a few moments ago that was objected to by the Senator from Kentucky related to the need of the Senate to take up the ratification of five tax treaties that were approved by the Committee on Foreign Relations on a unanimous voice vote, including a revised U.S.- Switzerland tax treaty that was amended in 2009, with a protocol enabling the United States to obtain more information--more information from Switzerland about U.S. taxpayers with hidden Swiss bank accounts. We have been trying to close down these offshore tax havens and the way in which they aid and abet American tax avoidance for years. Here we have a tax treaty which will help us get more information about the American taxpayers who are trying to avoid paying their taxes to Uncle Sam, and we get an objection to the ratification, even to taking up the ratification of this treaty. American taxpayers have had it. I would say have had it up to here, except that will not come across on the record. They have had it with profitable corporations and wealthy individuals avoiding taxes through the use of tax havens, shell companies, and tax avoidance schemes. The American people want us to end it. We ought to legislate an end to it. By the way, it is long overdue.…





