by Jeremy Scott
Not long ago, I pointed out that Sen. Carl Levin was determined to continue his quest to end offshore tax abuse by U.S. individuals and corporations. The Michigan senator had reintroduced the Cut Unjustified Tax Loopholes Act, a follow-up to his stalled Stop Tax Haven Abuse Act. Unless something happens in the next two years, Levin's crusade will end in failure -- he announced last week that he would not seek reelection in 2014.
Levin, although not a taxwriter, has had a more powerful impact on tax policy than any other Democratic senator in the chamber today. He will be missed by those who believe in tougher tax enforcement and those who enjoyed seeing tax cheats and multinational tax minimizers squirm just a little during congressional hearings.
View Jeremy Scott's opinion in its entirety on the taxanalysts® Blog.
Discover the features and benefits of LexisNexis® Tax Center
For quality Tax & Accounting research resources, visit the LexisNexis® Store