CWA District 2 Moves To Block Corporate Tax-Dodgers

(Metropolitan Washington Council, AFL-CIO)

CWA District 2 activists recently "played a huge role" in winning support from a key U.S. Senator to stop corporate tax-dodgers. Legislation to close a major tax loophole is before the Senate this week, and CWA members last month won support from Sen. Jay Rockefeller (D-W.Va.), a key member of the Senate Finance Committee. District vice presidents and local union presidents urged their senators to oppose the tax loophole, which they called "a Wall Street scheme that allows big businesses to avoid paying taxes on the sale of company assets," costing hundreds of millions of dollars in lost tax revenue. The provision closing the loophole is part of the jobs bill that stalled in the Senate yesterday, reports CWA's Shane Larson.
- Ryan Carty, AFL-CIO Union Summer intern; based on a report on the CWA District 2 website