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Sandy Levin

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  • Lawmakers approve withholding fix for contractors

    Government contractors applauded congressional action Wednesday to repeal a federal law that would have postponed millions of dollars in payments to Maryland companies, potentially wounding the region's fragile economy.
  • AbbVie-Shire deal puts more pressure on Congress to overhaul tax code

    AbbVie-Shire deal puts more pressure on Congress to overhaul tax code
    A massive pharmaceutical merger that will send the headquarters of a major U.S. drug maker overseas ramps up pressure on Congress to curtail the ability of companies to shelter foreign earnings. Illinois drug maker AbbVie Inc. said Friday that it...

    Sen. Dick Durbin decries corporate tax inversions

    Sen. Dick Durbin decried U.S. firms that renounce their corporate citizenship to avoid taxes, saying Tuesday that he would introduce a measure to put them at a disadvantage for federal contracts. "When it comes to a competition between companies, if we...

    Close loopholes that let U.S. firms avoid taxes by using inversions

    Close loopholes that let U.S. firms avoid taxes by using inversions
    It's both endearing and infuriating to watch American corporate executives wring their hands about how the injustices of the U.S. tax code are forcing them — forcing them! — to reincorporate overseas through the procedure known as inversion....

    Durbin bill to target corporate inversions

    Durbin bill to target corporate inversions
    Sen. Dick Durbin today decried U.S. firms that renounce their corporate citizenship to avoid taxes and said he was introducing a measure to put them at a disadvantage for federal contracts. “When it comes to a competition between companies, if...