Corporate Tax

Corporate Tax Rate and a Busy Lame Duck Session

Ted Kaufman | Posted 05.07.2012

Read More: AT&T, Ge, Business Rountable, Bush Tax Credits, Nike, Elections., Lobbyists, Boeing, Romney, Lame Duck Session, Budget Deficit, Obama, Corporate Tax, Capitol One, Congress, Corporate Tax Rate, Corporate Taxes, 112th Congress, Politics News
Ted Kaufman

Since Japan lowered its rate last April, our corporate tax rate has been the highest in the world. There is no disagreement in Washington, believe it or not, that a 35% rate is too high. What complicates things is that very few if any corporations actually pay that rate.

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The President's Corporate Tax Reform Message: Say What?

Robert L. Borosage | Posted 04.24.2012

Read More: Obama, Corporate Tax Loopholes, Tax Reform, Corporate Tax, Taxes, Federal Budget Deficit, Barack Obama, Corporate America, Corporations, Corporate Tax Rate, President Obama, Financial Crisis, Corporate Tax Reform, Corporate Taxes, Politics News
Robert L. Borosage

We have a debate between the right -- Republicans like Mitt Romney who would cut corporate taxes and ask them to pay less -- and a business-friendly, centrist president who won't call on corporations to pay more. "Fair share?" -- not so much.

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Corporations Don't Need a Tax Cut, So Why Is Obama Proposing One?

Robert Reich | Posted 04.23.2012

Read More: Corporate Tax Reform, Obama Tax Reform, Tax Reform, White House Corporate Tax Reform, Obama Corporate Taxes, Corporate Tax, Politics News
Robert Reich

Why isn't the White House just proposing to close the loopholes without reducing overall corporate tax rates? That would generate more tax revenue that could be used for, say, public schools.

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Where Is Obama's Windfall Profits Tax On the Oil and Gas Industry?

Lloyd Chapman | Posted 04.17.2012

Read More: Corporate Profits, Exxon Mobil, Congress, Corporate Tax, Corporations, Windfall Profits Tax, Exxon Mobil Profits, American Small Business League, Corporate Influence, change.gov, Oil Profits, Oil Companies, Politics News
Lloyd Chapman

The promise was displayed prominently at the top of the "economy" section of Obama's campaign website. However, the language regarding the windfall profits tax vanished in an unceremonious and abrupt manner.

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Taking the Republican Candidates to Task: on Taxes

David Coates | Posted 04.14.2012

Read More: Income Tax, Corporate Tax, Republican Presidential Candidates, Income Inequality, Gingrich, Poverty, Santorum 2012, Tax Reform, Romeny 2012, Ron Paul 2012, Business News
David Coates

While the traveling Republican circus continues in its drawn-out pursuit of a winner, the policies which will be pursued by whichever Republican wins go largely unchallenged by a mainstream media preoccupied with the immediate details of the show.

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Obama To Call For Lower Corporate Tax Rate

Reuters | Posted 04.11.2012

Read More: Outsourcing, Insourcing, Video, Multinational Corporations, Corporations, Insourcing American Jobs, Corporate Tax, Reuters, President Obama, Obama Administration, Obama, Corporate Tax Loopholes, Corporate Taxes, Lower Corporate Taxes, Barack Obama, Business News

* Top U.S. corporate tax rate is 35 percent * Obama seen calling for lower rate, in line with peers * Opening salvo in c...

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Over Two-Thirds Of Corporations Pay No Federal Corporate Income Tax

Alexander Eichler | Posted 01.10.2012

Read More: Boeing, Taxes, General Electric, State Budgets, Verizon, Federal Income Tax, Budget Cuts, Corporate Tax Rate, Wells Fargo, State Income Tax, Corporate Tax, Budget Shortfall, Corporate Taxes, National Deficit, Income Tax, Video, National Debt, Government Layoffs, Nontaxable Businesses, Corporate Tax Breaks, Corporate Tax Loopholes, Business News

At a time when the federal government is starved for cash -- and facing layoffs and cuts in services across the board -- more and more corporations ar...

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Restore the Basic Bargain

Robert Reich | Posted 01.28.2012

Read More: Corporate Taxes, Corporate Pay, Corporate Tax, Corporate Profit, Cost of Living Adjustment, Cost of Living, Business News
Robert Reich

Corporate profits are up right now largely because pay is down and companies aren't hiring. This is a losing game even for corporations over the long term. Without enough American consumers, their profitable days are numbered.

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Pawlenty's Reckless Tax Plan: 10 Years After the Bush Tax Cuts

Chuck Collins | Posted 08.10.2011

Read More: US Uncut, Business for Shared Prosperity, Tax Cuts for the Wealthy, Corporate Tax, Wealth for the Common Good, Tim Pawlenty, Citizens for Tax Justice, Patriot Millionaires, Bush Tax Cuts, Politics News
Chuck Collins

GOP candidate Tim Pawlenty observed the 10th anniversary of the Bush-era tax cuts by proposing $2 trillion in additional tax cuts, primarily for millionaires and global corporations. Have we learned nothing?

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American Idle

Andy Stern | Posted 06.07.2011

Read More: Tax Reform, Corporate Tax, Government Shutdown, Politics News
Andy Stern

Our democracy is frozen, calcified like arteries beset by arteriosclerosis. Everyone acting on their own behalf, protecting their own interests, has stopped up the flow of democracy, and as a result, America is falling behind.

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Solutions Avoided

Sen. Fritz Hollings | Posted 05.28.2011

Read More: U.S. Economy, u.s. Jobs, Offshore Jobs, Offshoring Jobs, Economy, Corporate Tax, Value Added Tax, Jobs, Corporate Tax Havens, Corporate America, Business News
Sen. Fritz Hollings

Globalization is nothing more than a trade war with production looking for a cheaper country to produce. If the president stayed in Washington and enforced the trade laws, far more jobs would be created, and the economy would recover.

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Obama's New Ideas

Chris Weigant | Posted 05.25.2011

Read More: White House, Military Recruiters, President Obama, Speech, Tax Rates, Corporate Tax, Obama, Dadt, State of the Union, Dont Ask Dont Tell, Rotc, Barack Obama, Oil Companies, Immigration H1B, Corporate Welfare, Sotu, Senate, Clean Energy, State of the Union 2011, Sotu 2011, Obama Earmarks, Politics News
Chris Weigant

Obama proposed a number of ideas last night, amongst the continuation of themes or policies he has pushed previously. The following are the proposals that stuck out as being truly new ideas for him, and thus worth examining.

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Will Business Kill Tax Reform?

Joseph J. Thorndike | Posted 05.25.2011

Read More: Deficit, Competitiveness, Corporations, Taxes, Corporate-Income-Tax, Tax Cuts, Loopholes, State of the Union, Corporate-Tax-Rates, Corporate Tax, Business News
Joseph J. Thorndike

Corporations like to complain about their taxes. In testimony, statements, and speeches, executives rehearse the same old litany of woe -- and there's a kernel of truth in these complaints.

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More Tax Cuts or More Spending for Economic Stimuli?

Pat Choate | Posted 05.25.2011

Read More: More Spending, National Debt, Obama Economic Stimulus Plan, 25 Million Jobless, Corporate Tax, Stimulus, More Tax Cuts, Bush Tax Cuts, Zandi, Politics News
Pat Choate

The beneficiaries of corporate tax cuts finance the political campaigns of those elected officials who do their bidding, lobbyists and think tanks that echo their "lower tax" propaganda.

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8 Surprising Facts About The Shrinking Middle Class

Huffington Post | Hallie Seegal | Posted 05.25.2011

Read More: Foreclosure Crisis, Finanicial Services Sector, Third World America, Health Care Costs, Income Inequality, Corporate Tax, Middle Class, Arianna Huffington, Corporate Tax Rates, Infrastructure, State Budget Cuts, Public Education, Slidepollajax, Business News

The American dream may in fact be slipping away. The white picket fence, Social Security, sending your children to college -- what was once an attaina...

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Taxes For Revenue Are Obsolete

Warren Mosler | Posted 05.25.2011

Read More: Public Purpose, Inconvertible Currency, Taxes, Public Policy, Federal Reserve, Corporate Tax, Raising Revenue, Ruml, Politics News
Warren Mosler

While Social Security and Medicare may turn out to be inflationary, they are not 'bankrupting the nation' as most believe, including a Democratic Congress that cut Medicare spending with the recent health care bill.

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JPMorgan Tax Refund Of $1.4 Billion Opposed By FDIC

AP | MARCY GORDON | Posted 05.25.2011

Read More: Fdic, Taxes, Corporate Tax, Tax Refund, Jpmorgan, JPMorgan Chase, Washington Mutual, Wamu, Business News

WASHINGTON — Federal regulators are opposing a proposed $1.4 billion tax refund for JPMorgan Chase & Co. The tax benefit has become an issue a ...

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Turned Off

Sen. Fritz Hollings | Posted 05.25.2011

Read More: Deficit, Larry Summers, Corporate Tax, Budget, Tim Geithner, Shelby, Japan, Protectionism, US Budget, China, Trade War, Politics News
Sen. Fritz Hollings

With imports soaring, we're stimulating the production of China, not the US. The Obama administration refuses to enforce our trade laws to protect the economy and change our tax laws to promote exports.

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Court Review of SOX Gives Hope for New U.S. Jobs

Gary Shapiro | Posted 05.25.2011

Read More: Immigration Reform, Consumer-Electronics-Association, Tort Reform, Corporate Tax, Stock Exchange, Gary Shapiro, H1B Visa, Sarbanes-Oxley Act, Supreme Court, Cea, Health Care, Business News
Gary Shapiro

Only American companies have to follow this expensive and intrusive law imposing huge costs on publicly traded companies. Thankfully, relief may be in sight.

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A Response To Rep. Elijah Cummings

Chris Weigant | Posted 05.25.2011

Read More: Business Expense, Loophole, Tax Code, Maximum Wage, Populism, Kucinich, Sherrod Brown, Corporate Tax, Stock Options, Corporate, Business, Wastefulness, Corporate Jet, Pelosi, Business Costs, Big Business, Bailout, Luxury, Taxable, Populist, Ceos, Deductibility, Taxpayer Money, Capital Gains, Reid, Detroit, Elijah Cummings, Auto Companies, Taxes, Greed, Citigroup, Democrat, Business Tax, Congress, Loopholes, Democrats, Income Tax, Profit, Resort, Fat Cat, Tax, Corporations, Chris Weigant, Ceo, Shareholder, Outrage, Business Meeting, Stadium Tax, Mets, Deductible, Stadium Naming, Deduction, Tax Deductible, Cummings, Politics News
Chris Weigant

The loopholes which allow such corporate excess were not exactly handed down to Moses on tablets -- each and every loophole was approved by Congress.

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