NPRC BOARD CHAIR IN HUFF POST: TAX SUBSIDIES FOR WEALTHY FOREIGN CORPORATIONS?

In 2008, the Democratic Party Platform criticized the previous eight years of Republican failures: "These are not just policy failures. They are failures of a broken politics -- a politics that rewards self-interest over the common interest and the short-term over the long-term, that puts our government at the service of the powerful. A politics that creates a state-of-the-art system for doling out favors and shuts out the voice of the American people." Sadly, a mere two years later, we Democrats are already guilty of the same failures.

Despite numerous appeals to Senate Majority Leader Harry Reid, House Speaker Nancy Pelosi and then-Chairman of the Ways and Means Committee, Charlie Rangel, lawmakers allowed a British liquor conglomerate to abscond with $6 billion of tax revenue that was intended for the general welfare of the U.S. Virgin Islands. The party leadership's failure on this issue is epic.

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