Will Congress Be Duped Again on Offshore Taxes?
While the rest of us pay the sticker price, lawmakers are considering a special deluxe tax rate for giant corporations.
While the rest of us pay the sticker price, lawmakers are considering a special deluxe tax rate for giant corporations.
President Obama and some members of Congress think the easiest way to fund infrastructure is by granting corporations a large tax cut on their untaxed offshore profits.
A growing number of corporations spend more on executive compensation than federal income taxes.
More than enough, the latest statistical evidence suggests, to warrant a full-fledged federal search. A new banking law in effect this month could start that search in the right direction.
There would be no need for our elected leaders to trim our safety net if our richest corporations didn’t turn avoiding their fair share of taxes into an art form.
The “Fix the Debt” lobby group called a recent IPS report “lies and mudslinging.” But rather than attacking IPS research, the group may want to focus on resolving their own inconsistencies.
Instead of gaming the tax system to boost corporate profits, American business leaders need to start investing more in this nation.
A new report looks at pro-austerity CEOs who seek to widen tax haven loopholes.
Offshore tax dodging costs United States $150 billion annually — groups illustrate impact with 16 dramatic ways lost revenue could be used.
The rules aren’t broken–they’re fixed.
“The ‘Fix the Debt’ CEOs are trying to pass themselves off as noble leaders who are willing to compromise in order the save America from financial ruin,” says report co-author Scott Klinger. “In reality, the campaign is a Trojan horse concealing massive corporate tax breaks that would make our debt situation much worse.”
The world’s super rich, according to a new report, are squirreling away phenomenal quantities of their cash in secret tax havens.
Romney keeps playing hide-and-seek with his booty.
Sen. Lindsey Graham says tax-avoiding gimmicks are “American.”
A coalition of big corporations has lost a battle to nab a huge tax break.