Legislation to curb foreign tax havens would bolster budget Federal legislation to go after foreign tax havens can bolster the taxes on companies... (September 26, 2013, by Terry Parkhurst) MORE evasions. no taxes during a three-year study period. More than $1.3 trillion tax havens. He would end tax deductions for companies that move U.S. taxes and move more jobs overseas. Switzerland -- tax havens where the companies have scant employment or adroit use of tax havens. More than 200 small business owners on Recovering avoided federal taxes is part of the legitimate work to cut