"This bill, and I think this Congress, and now this Administration; we are going head to head with those tax havens."
"It is good news for American taxpayers, too, and we very much welcome that support."
"Private bankers and managers would actively assist or otherwise facilitate certain undeclared U.S. taxpayers who such private bankers and managers knew or should have known they were evading U.S."
"It is deeply troubling that thousands of the wealthiest among us have actively sought to evade their civic and legal duty to pay taxes."
"Each year, the United States loses an estimated $100 billion from U.S. taxpayers using offshore tax schemes to dodge their U.S. tax obligations."
"We are going head to head with tax secrecy jurisdictions."
"Maybe you have paid for it, but 40,000 American tax evaders have not."
"As a first step, Congress should enact the Stop Tax Haven Abuse Act, S. 506, which I and a number of my colleagues introduced earlier this week and which the Obama Administration endorsed yesterday th..."
"Secretary Geithner stated that he fully supports my bill, S. 506, a bill which has a number of cosponsors, which is called the 'Stop Tax Haven Abuse Act.'"
"Thank you very much."
"That is a pretty high bar between the requirement for specific names and proof of affirmative deceptive acts, the way the Swiss define it."