Paying taxes on almost all of it. , for corporations instance, hedge funds, use a gimmick in a loophole in the law called. Interest, which allows the big ays at the hedge funds to pay lower tax rate than people who work for them. It is a loophole in the law. We showed literally tens of thousands of americans were hiding their income and their. Ssets overseas illegally a lot of them in swiss banks. We went after a lot of swiss banks aiding and abetting american taxpayers to avoid paying taxes. After we showed that, the irs your back on in, pay taxes, we believe you amnesty, but we will argue interest. Over 55,000 americans who had hidden Bank Accounts came in. We collected about 6 billion. There are a lot of gimmicks used to avoid paying taxes. But tax havens, the Cayman Islands for instance, have been soaking up huge amounts of our money that really is needed in america for the things we need to do, whether it is infrastructure, education, reducing our deficits, defense, you name it. H
An enormous step forward. Now, the agency has been in existence for only four and a half years, but has already done some important things. Its taken some enforce actions, its done policy work to protect those people who are not entitled or not eligible for anything other than subprime loans to protect them in the market. It has proposed some, some curtailment of the right to mandatory arbitration. But thats just the first step. That agency is under assault constantly in congress. I talked to my friend rich, he stopped counted the number of times hes been hauled up to the hill to testify. It was, i think, 50 at last count. Hes not only been there for a few years. We need more legislation, and in order oo eer to do that, we ne organize. We need to personalize these stories, and we need to look at the level of powers that are available to us and try to exercise power. So let me talk about a few things. One is if you look at mandatory arbitration, congress understands how powerful a force
Said as a firefighter with 53 cents. [applause] been unfairly just like to say that theres so many things you can do. Weve given awards to members of congress. They love to get awards. They want to be loved. We have taken ads out in their local newspaper which is really cheap and thank them for what they did. We persuaded the clinton to veto a very controversial liability bill by surrounding them with the dems. He was so happy to veto that bill even though he hated vetoing bills. So ill just say we also helped Robert Redford defeat to secretary gerald ford nominated in the governor of wyoming. The race that jc and we got so much media in bath that they continue the ms edition and prove to engage a fraud ahead of design. You never know where theyre going to be. We are the ones im on the side of the ledger and we are the ones who raised a key issues people care about. And we often win even though we have so little help. Thank you so much. [applause] thank you, john claybrook. If youre lo
[applause] good afternoon welcome and they give you for joining us today on the topic of critical importance. I am president of the United States institute of peace with the critical moment to this serious conflict to threaten not of the regional political will security with the arrival of refugees in europe that there is 60 Million People displaced by conflict and 12 million are syrian. And estimates suggest what quarter have been killed in the civil war today. One of the pressing tragedies of our time United States has been the leading donor of humanitarian assistance over the last five years by growing more bloody and complex by the day the Global Community mr. Jett they Work Together to provide desperately needed civilian production to achieve a meaningful and lasting pay peace with the community and the commitment we read never again turn a blind eye let that systematic violence of human suffering come forward so i am honored to welcome to the u. S. Institute of peace they committ
Him. Were just one family with a bit of unusual circumstances, the children including previously healthy children shop at ucsf hospital every day with lifethreatening emergencies were time is of the essence. In addition, someone who spent months by my sons bedside concern about the impact of arena noise and traffic on longterm hospital patients and families could have it critically ill child in hospital this thing really horrific experience. Your child is subjected daily to painful procedures their sleep is disrupted by vital checks monitors and alarms. It almost no control over your environment. During those rare times when youre able to leave the hospital for a quick shower or not theres always the possibility you would get the call your child is taken a turn for the worse need to come back there immediately. Now imagine being stuck in arena traffic after you get a call like that. I come from a penn state family have seen percent have a desire to be like about winning team can cause