Our New Haven congresswoman takes a stand against government-subsidized corporate tax evasion: A House of Representatives committee approved a proposal that would block Accenture from securing a $10bn Homeland Security contract because of its Bermuda incorporation. The House appropriations committee voted 35-16 to amend the $32bn budget bill for the Department of Homeland Security (DHS) to nullify Accenture's recent gaining of a contract to create a virtual border system with better information on foreign visitors. The amendment seeks to prevent companies based in tax-havens from winning homeland security contracts. "It is outrageous and wrong to reward these companies for abandoning our country, particularly from the very department charged with safeguarding our homeland security as we work to pay for the ongoing war on terrorism," said Rosa DeLauro, a Connecticut democrat and the amendment's sponsor. "The United States government should not be doing business with those who want all the benefits of citizenship without any of the responsibilities that come along with it," she said. The move is the latest attempt in Congress to punish US-based companies incorporated in tax-havens by blocking them from homeland security spending. In 2002, the full House voted overwhelmingly to deny DHS contracts to the ex-patriot companies. The Senate has twice passed similar proposals - only to see them later blocked. House republican leadership has been instrumental in eventually derailing such proposals to keep them from becoming law.
6/11/2004
About Me
- Name: Josh Eidelson
- Location: Sacramento, California, United States
Josh Eidelson received his Bachelor's and Master's Degrees in Political Science from Yale University, where he helped lead the Undergraduate Organizing Committee. He has written about local and national politics as an opinion columnist for the Yale DailyNews, a research fellow for Talking Points Media, and a contributor to CampusProgress.org. Views expressed here are solely his own. Contact: "jeidelson" at "gmail" dot com.
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