El Salvador Votes for Water over Gold

El Salvador Votes for Water over Gold

The people of El Salvador and their international allies against irresponsible mining are celebrating a historic victory. After a long battle against global mining companies that were determined to plunder the country’s natural resources for short-term profits, El...
A Wake-Up Call For Trump’s Trade Agenda

A Wake-Up Call For Trump’s Trade Agenda

This week, labor, environmental, religious and other groups, representing over 180 million people from around the world, sent a letter to a corporate mining CEO — a letter that is also a wake-up call for President Trump’s trade agenda. The letter highlights the...

New York Times LTE: Think Tanks and Corporate America

By exposing the widening gap between chief executive and worker pay for over 20 years, the Institute for Policy Studies has certainly not found itself flush with contributions from corporations. It is unfortunate that “Scholarship or Business? Think Tanks Blur the...
Why Some Leaders in Poorer Countries are Championing the Environment

Why Some Leaders in Poorer Countries are Championing the Environment

We have heard surprise expressed that two religious leaders from poorer countries, Pope Francis from Argentina and Cardinal Turskon from Ghana, have emerged as leading voices for action on the environment with their compelling June 2015 encyclical.  The surprise comes...
Will Congress Be Duped Again on Offshore Taxes?

Will Congress Be Duped Again on Offshore Taxes?

Like a savvy bargainer on a used car lot, big multinational corporations have mastered the art of feigning indifference and walking away. What they walk away with is their profits, stockpiling them abroad where they legally remain untaxed until returned to the United...
Burning Our Bridges

Burning Our Bridges

To generate funds to shore up our nation’s crumbling infrastructure, the U.S. Congress is considering giving corporations large tax cuts on their offshore profits. Under current law, corporations can defer U.S. tax payments on overseas earnings until they bring the...
Hogan’s Maryland: Open for Big Business

Hogan’s Maryland: Open for Big Business

  Driving home to Baltimore from a meeting with a potential new customer one cold February afternoon, my wife and I chuckled when we crossed the state border. In addition to “Maryland Welcomes You,” our state’s “Enjoy Your Visit!”...
Marshaling Marooned Tax Dollars

Marshaling Marooned Tax Dollars

Republican lawmakers have largely greeted President Barack Obama’s new spending plan as dead on arrival. But at least one provision has a chance of becoming law: a plan to tax the profits that large U.S. corporations have parked in offshore tax shelters and use that...
A Tiny Step Toward Ending a CEO Scam

A Tiny Step Toward Ending a CEO Scam

  CEOs would never bet against their own companies, would they? CEOs get paid, after all, multiple millions to make sure their companies succeed. Why would they ever put their money on their own companies failing?  The quick answer: to make sure those millions...
Fleecing Uncle Sam

Fleecing Uncle Sam

This report reveals stark indicators of the extent to which large corporations are avoiding their fair share of taxes. Of America’s 30 largest corporations, seven (23 percent) paid their CEOs more than they paid in federal income taxes last year. All seven of these...
Brownbag: Pacific Rim Mining Company vs. El Salvador

Brownbag: Pacific Rim Mining Company vs. El Salvador

Since 2009, Canadian mining company Pacific Rim has been suing the government of El Salvador for not having granted it a mining permit since a presidential ban was adopted. There is widespread opposition to mining across El Salvador: Polling data shows that a majority...
A New Gameplan for Taking Down Privatizers

A New Gameplan for Taking Down Privatizers

Analysts at the OECD, the Paris-based research agency, have just shared a grim prediction: If current trends “prevail,” all developed nations will show by 2060 “the same level of inequality as currently experienced by the United States.” If we let those current trends...