Trump’s Trickle-Down Ticket

Trump’s Trickle-Down Ticket

It was easy to get caught up in the circus that was the Republican National Convention. Rousing speeches (plagiarized and original) and raucous floor votes make for great television and funny internet memes. Unfortunately, as we’ve come to expect from events organized...
The Real Reason Republicans Are Going after the IRS

The Real Reason Republicans Are Going after the IRS

It’s no secret that House Republicans don’t like the Internal Revenue Service. They’ve once again proposed cutting the agency’s already beleaguered funding, and they recently held a hearing to impeach its commissioner, John Koskinen. Koskinen’s alleged misdeeds stem...
Inequality Will Get Worse Until There’s a Revolution

Inequality Will Get Worse Until There’s a Revolution

Imagine, after a deep sleep, you suffered the fate of Rip Van Winkle and woke in the spring of 2040. What might you find? Among other things, maybe a presidential candidate railing against America’s concentration of wealth. Except this time, it’s not the 1 percent...
Rubio: Eliminate Taxes on All Capital Gains?

Rubio: Eliminate Taxes on All Capital Gains?

Bad tax policy ideas never die, they just get recycled. The latest retread is GOP candidate Marco Rubio’s proposal to entirely eliminate taxes tax on capital gains income. A preferential tax rate on capital gains has always been a staple of GOP tax policy. But only...
The Dirt on Fix the Debt’s Advocacy of a Territorial Tax System

The Dirt on Fix the Debt’s Advocacy of a Territorial Tax System

On June 12, 2013, the Institute for Policy Studies released the sixth in a series of reports on the Fix the Debt corporate lobby group. This newest report, Corporate Pirates of the Caribbean, uses Fix the Debt members’ SEC filings to calculate how much they would...
Corporate Tax Dodgers: 10 Companies and Their Tax Loopholes

Corporate Tax Dodgers: 10 Companies and Their Tax Loopholes

HIGHLIGHTS OF 10 CORPORATE TAX DODGERS Bank of AmericaHad $17.2 billion in profits offshore in 2012 on which it paid no U.S. taxes. Reported it would owe $4.3 billion in U.S. taxes if profits are brought home. CitigroupHad $42.6 billion in profits offshore in 2012 on...
AlterNet: Five Job-Destroying CEOs Trying to “Fix” the Debt

AlterNet: Five Job-Destroying CEOs Trying to “Fix” the Debt

In poll after poll, the American people say they are far more concerned about the jobs crisis than the “debt crisis.” A powerful coalition of CEOs says they have an answer for both problems. Give us more tax breaks, they say, and we’ll use the money...

How Our Tax Dollars Subsidize Exorbitant CEO and Executive Pay

** Press Conference call today, August 16, 11:00AM ET ** ** Dial-in: 712-432-0075; Passcode: 385784 ** 19th Annual ‘Executive Excess‘ Report Washington, D.C. — A new Institute for Policy Studies report released today offers the first comprehensive analysis of the...
Executive Excess 2012: The CEO Hands in Uncle Sam’s Pocket

Executive Excess 2012: The CEO Hands in Uncle Sam’s Pocket

Nationwide, budget cuts have axed 627,000 public service jobs just since June 2009. Schools, health clinics, fire stations, parks, and recreation facilities—virtually no public service has gone unsqueezed. Tax dollars haven’t seemed this scarce in generations. Yet...
Blowing a Chance to Save American Jobs

Blowing a Chance to Save American Jobs

Republicans and Democrats rarely agree on anything these days. But there’s one proposal that both commands bipartisan support and can generate new American jobs during this tough economy. The Production Tax Credit helps level the playing field for clean-energy...
Go To Grover’s For Tax Day Rally!

Go To Grover’s For Tax Day Rally!

Most Americans pay their fair share on Tax Day, but not the 1%! This super-lobbyist’s infamous tax pledge, signed by nearly every Republican member of Congress, shields the wealthy and Big Corporations from paying their fair share. His “Protect the 1...

Rick Perry: Reverse Robin Hood

Texas governor Rick Perry has unveiled, with suitable hoopla, his Presidential campaign’s tax plan. His new plan, released last week, differs on the details with the tax plans his rivals for the GOP nod had earlier offered up. But all the plans end up in the...

Briefing On Financial Transaction Taxes

A small tax on financial transactions would raise tens of billions of dollars a year and curb dangerous high speed trading. Support for a transaction tax is growing in the US and around the world. The European Union recently proposed a tax of 10 cents per $100 of...