Rand Paul blocks international tax treaties

 

 

 

Sen. Rand Paul’s efforts to block international tax treaties are making some strange bedfellows between business groups and anti-tax evasion crusaders.

Paul (R-Ky.) has been holding up treaties with Hungary, Luxembourg and Switzerland in the Senate for well over a year now, a turn of events that has angered business interests that have called approval of those sorts of agreements routine.
Liberal groups have more recently joined in the efforts to free up the treaties, which they say would help smooth the implementation of a law aimed at cracking down on Americans who use foreign banks to cheat on their taxes.

But as of yet, Paul has shown no willingness to budge, and supporters of the agreements say that the Kentucky Republican is refusing to even meet with them.

Read More ....>>