The recently leaked Paradise Papers underscore the need to crack down on tax dodging instead of passing another giveaway for the wealthy.
This massive leak of transactions involving 214,488 offshore corporations, covering 40 years of activity, will boost the global movement to recapture trillions of the hidden wealth of nations.
Big Pharma company Pfizer is currently evading $40 billion in tax obligations and trying to make that permanent through a tax-dodging marriage with Irish firm Allergen.
While the rest of us pay the sticker price, lawmakers are considering a special deluxe tax rate for giant corporations.
President Obama and some members of Congress think the easiest way to fund infrastructure is by granting corporations a large tax cut on their untaxed offshore profits.