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Article posted: 3/8/2013 5:00 AM

Budget solution is hiding in the Caymans

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Anu Danath

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Guest columnist Anu Danath: Many American corporations and individuals use complicated accounting tricks to take advantage of loopholes in the tax code by moving their U.S. income to shell companies in tax havens like the Cayman Islands. They pay little or no taxes on those profits, leaving the rest of us — average citizens and small businesses — to pick up the tab.
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