overseas tax haven http://michiganradio.org en Senator Levin introduces bill to close tax loopholes, hopes it’ll help close federal deficit http://michiganradio.org/post/senator-levin-introduces-bill-close-tax-loopholes-hopes-it-ll-help-close-federal-deficit <p>U.S. Senator Carl Levin (D-MI) introduced legislation Thursday he says will close a number of tax loopholes. Levin sees the bill as part of a larger plan to reduce the federal deficit.</p><p>Levin says his bill would provide about $220 billion more in tax revenue over ten years.</p> Thu, 19 Sep 2013 19:32:21 +0000 Lindsey Smith 14508 at http://michiganradio.org Senator Levin introduces bill to close tax loopholes, hopes it’ll help close federal deficit Levin: It's time to close the overseas tax haven loophole http://michiganradio.org/post/levin-its-time-close-overseas-tax-haven-loophole <p><a href="http://levin.senate.gov/newsroom/press/release/levin-unveils-stop-tax-haven-abuse-act">Michigan Senator Carl Levin</a> says one way to reduce the nation&rsquo;s federal budget deficit is to close loopholes in <a href="http://en.wikipedia.org/wiki/Tax_haven">overseas tax havens</a>.&nbsp; Levin says offshore tax loopholes cost the federal treasury 100 billion dollars every year.&nbsp;&nbsp; He says the complexity of the tax havens make them difficult to trace.&nbsp;</p> Sat, 16 Jul 2011 20:01:01 +0000 Steve Carmody 3338 at http://michiganradio.org Levin: It's time to close the overseas tax haven loophole