Sen. Rand PaulRand PaulWe need congressional debate on Yemen Senate takes up NATO membership for Montenegro Overnight Defense: Civilian casualties raise questions about rules of engagement | Air Force nominee set for hearing | Senate takes up NATO membership for Montenegro MORE (R-Ky.) stopped Sen. Bob MenendezRobert MenendezCorruption trial could roil NJ Senate race Steve Mnuchin, foreclosure king, now runs your US Treasury Senate Dems move to nix Trump's deportation order MORE (D-N.J.) from setting up a vote on a tax treaty with Chile.
Menendez said the treaty would promote trade and investments between the United States and Chile, as well as allow both nations’ tax authorities to exchange information to prevent income tax evasion.
“The vast majority of Americans are law abiding,” Paul said on the Senate floor Wednesday. “They do have a right to privacy.”
Paul said he’d happily work with Menendez to clean up language in the treaty. Paul said previous tax treaties have required the government to get a warrant to obtain foreign bank records but that this treaty allows the government to look into any accounts that might be used to avoid paying taxes.
Sen. Ben Cardin (D-Md.) also tried to set up a vote on a Swiss tax protocol to hold tax evaders accountable, but Paul objected to that for the same reasons.