For 22,000 very wealthy Americans, going to the bank is easy. They just board a flight to Switzerland, go to a special secret elevator thats controlled remotely, talk with their banker in a private suite, then go skiing for the weekend. But heres the sweetest part: Because their accounts are hidden offshore, they never have to pay their U.S. taxes. Its illegal, and its wrong. Tell Credit Suisse to release the names of these 22,000 American account holders so they can be required to pay their fair share of taxes. At their peak, these offshore accounts were worth between $10 BILLION and 12 BILLION. The megabanks CEO, Brady Dougan, told a U.S. Senate subcommittee last week that Credit Suisses top leadership wasnt aware of the way these accounts were managed. He blamed it on a few bad seeds. Its really clear that Credit Suisse was complicit in these Americans tax dodging. Some Swiss bankers made trips to the U.S. to give account documents directly to their clients - even hiding them in a Sports Illustrated magazine - to avoid leaving a paper trail. This is tax dodging at its absolute grossest, with the ultra-rich getting world-class service to starve our economy here at home. Lets make it stop. Tell Credit Suisse to release the names of these 22,000 wealthy American tax dodgers, pronto. Thank you for all you do to make this movement real. Sincerely, John Sellers, The Other 98% The Other 98% Lab is a 501c3 tax deductible organization that is making democracy work for the rest of us. Like what we do? You can donate to support this movement right now.
Posted on: Thu, 13 Mar 2014 04:09:57 +0000
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