Corporate Tax Breaks

Saki Knafo

Protestors Take On The Chicago Mercantile Exchange, 15 Arrested

HuffingtonPost.com | Saki Knafo | Posted 05.23.2012

Read More: Governor Pat Quinn, Cme, Home Care, Pat Quinn, Tax Breaks, Disability Servies, Ece, CME Group, Child Poverty, Cme Protests, Standup Chicago, Governor Quinn, Chicago Mercantile Exchange, Early Childhood Education, Corporate Tax Breaks, Chicago News

Just days after thousands of protesters descended on Chicago to rally against the North Atlantic Treaty Organization, 15 people were arrested outside ...

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CME Group's Biggest Victim: What the Merc's Tax Breaks Are Doing to the State Budget, and Why It Matters

Elizabeth Parisian | Posted 05.16.2012

Read More: Cme Group Tax Break, CME Group Inc, Cme-Group-Leaving-Illinois, Corporate Tax Breaks, Cme Group Leaving Illinois, Corporate Taxes, Illinois Businesses, CME Group, Chicago News
Elizabeth Parisian

The Great Recession caused the largest collapse in state revenues on record -- which resulted in record cuts to state budgets and new depths of pain for struggling families.

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When the 1 Percent Fails to Contribute Its Fair Share, Veterans Pay Dearly

Jon Soltz | Posted 05.15.2012

Read More: Afghanistan Veterans, General Electric, Bank of America, Tax Loopholes, JPMorgan Chase, Iraq Veterans, Corporate Tax Breaks, Veterans Unemployment, Corporate Taxes, Income Inequality, Veterans, Politics News
Jon Soltz

Veterans have served our country at considerable sacrifice. We work hard and play by the rules. But, as it turns out, big corporations aren't playing by the same rules, and our communities are paying for it.

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If It Ain't Broke, Break It: The Crisis Congress Continues

Rep. Keith Ellison | Posted 04.20.2012

Read More: Corporate Welfare, Export-Import Bank, Corporate Tax Breaks, Small Business, Imports, Reauthorizing the Export-Import Bank, Exports, Business News
Rep. Keith Ellison

If the Republicans are serious about aiding small businesses, then they should be all about supporting the Export-Import Bank's mission.

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Alexander Eichler

Apple Pays Shockingly Low Corporate Tax Rate

HuffingtonPost.com | Alexander Eichler | Posted 04.17.2012

Read More: Google, Tech Sector, Apple Profits, Corporate Tax Rate, Microsoft, Mitt Romney, Corporate Taxes, Barack Obama, Yahoo, Tech Companies, Xerox, Apple, Apple Tax Evasion, Corporate Tax Breaks, Apple Earnings, Tax Repatriation Holiday, Corporate Tax Loopholes, Video, Business News

How much of your income went to taxes this year? There's a decent chance Apple Inc. paid a smaller share. That's the contention of a report rele...

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Most States Don't Know If Their Tax Breaks Are A Waste Of Money

AP | DAVID MERCER | Posted 04.12.2012

Read More: State Tax Breaks, Tax Incentives, Video, State Budget Crisis, Business News, Tax Breaks for Businesses, Corporate Tax Breaks, Tax Breaks, Job Creation, Business News

CHAMPAIGN, Ill. -- Most states are doing a poor job tracking whether their tax breaks for businesses are actually spurring job growth, including some ...

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Big Companies Collecting State Taxes From Workers And Keeping The Money

Reuters | Posted 04.13.2012

Read More: General Electric, Chrysler, State Taxes, Ford, Tax Breaks, Goldman Sachs, Video, General Motors, Big Companies, Proctor and Gamble, Reuters, Business News, Corporate Tax Breaks, State-Tax-Collections, Business News

* By David Cay Johnston April 12 (Reuters) - Across the United States more than 2,700 companies are col...

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Top 10 Dirty Corporate Tax Dodgers of 2011

Rebecca Tarbotton | Posted 04.09.2012

Read More: Taxes, Rainforest Action Network, Bank of America, Chevron, Corporations, Corporate Tax Rate, Oil Subsidies, Big Oil Subsidies, Corporate Tax Breaks, Corporate Greed, Green News
Rebecca Tarbotton

Bottom-line, these dirty corporations don't need any more handouts, bailouts, or subsidies. Our country does not have a money problem; it has a priorities problem.

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Three Days, $3.46 Billion

Elizabeth Parisian | Posted 04.06.2012

Read More: Taxes, Tax Day, Tax Day 2012, Illinois Corporate Tax Breaks, Occupy Chicago, Corporate Tax Breaks, Tax Dodging, Video, Chicago News
Elizabeth Parisian

Earlier this week, a team of "99% Citizen Tax Enforcers" started preparing for tax day by delivering "bills" to tax-dodging corporations.

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Mic Check! Chicago's 99% Follows the Money -- and the Merc -- to Houston

Elizabeth Parisian | Posted 05.29.2012

Read More: Good Jobs Great Houston, Chicago Mercantile Exchange, Occupy Chicago, Chicago Tif Reform, Corporate Tax Breaks, Chicago Tifs, CME Group, CME Tax Cut, Video, Chicago News
Elizabeth Parisian

Craig Donohue of CME didn't seem to mind the public spotlight when drumming up support for millions in tax breaks. But he was somewhat less enthusiastic when Chicago's 99% shone a not-so-flattering spotlight on CME from 1,000 miles away.

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Corporate Tax Rate Hits Ten-Year Low

The Huffington Post | Bonnie Kavoussi | Posted 03.05.2012

Read More: Taxes, Corporate Tax Cuts, Video, U.S. Corporate Tax Rate, U.S. Corporate Taxes, Corporate Tax Rate, Barack Obama Taxes, Corporate Tax Breaks, Corporate Tax Reform, Corporate Tax Loopholes, Corporate Taxes, Obama Corporate Taxes, Business News

Nobody likes tax time. But for many companies, that annual burden is getting a lot lighter. Corporations are enjoying not only record profits, but ...

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Alexander Eichler

General Electric Paid A Tiny, Tiny Tax Rate This Decade

HuffingtonPost.com | Alexander Eichler | Posted 02.28.2012

Read More: Boeing, General Electric, Verizon, Video, General Electric Lobbyists, General Electric Taxes, Lobbyists, Wells Fargo, Corporate Tax Rate, GE Taxes, Corporate Tax Breaks, Corporate Taxes, Corporate Tax Loopholes, Barack Obama, Dupont, Ge, Business News

General Electric again finds itself the focus of a politically-charged battle over corporate taxes. A new analysis of the mega-corporation's tax f...

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Corporate Tax Rates Effectively Already Below Obama's Proposed Level

The Huffington Post | Alexander Eichler | Posted 02.22.2012

Read More: Boeing, Taxes, General Electric, Verizon, Federal Income Tax, Federal Deficit, Wells Fargo, Obama Tax Code, Corporate Tax Rate, Corporate Taxes, Deficit, Income Tax, Video, Federal Budget Deficit, Corporations, Corporate Tax Breaks, Obama Tax Cuts, Corporate Tax Loopholes, Obama Corporate Taxes, Obama Taxes, Business News

President Obama hopes to bring change to a loophole-ridden corporate tax code that allows potential tax dollars to slip through the cracks. In exchang...

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Corporate Taxes As Percentage Of Profits Now Lowest In Decades

The Huffington Post | Alexander Eichler | Posted 02.03.2012

Read More: Taxes, Hoarding Cash, Emergency Savings, Poverty, Unemployment, Corporate Profits, Federal Budget Deficit, Cash Hoard, Corporate Tax Rate, Budget Shortfall, Budget Deficit, Corporate Tax Breaks, Corporate Tax Reform, Corporate Taxes, Tax Breaks, Business News

As a percentage of ever-growing profits, corporations are paying less in taxes than they have in decades. Thanks in part to federal tax breaks, cor...

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CME Group, Other Firms Reject $34 Million In City Subsidies

Posted 01.31.2012

Read More: Cme Group Tax Breaks, Tax-Increment Financing, Video, Rahm Emanuel TIFs, Rahm Emanuel, Chicago Tifs, Chicago Tif Reform, Corporate Tax Breaks, Cme Group Tif, Tifs, CME Group, Chicago News

On the same day Mayor Rahm Emanuel announced reforms he says will improve the accountability and transparency of the city's controversial tax incremen...

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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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The CME Insult to Millions of Families, Including Mine

Ashley Moy-Wooten | Posted 02.14.2012

Read More: Mortgage Crisis, Grassroots Collaborative, Occupy Chicago, Sears, Chicago Mercantile Exchange, Corporate Tax Breaks, CME Group, Chicago News
Ashley Moy-Wooten

My family is also one of the millions fighting foreclosure. $350 million for the CME and Sears, while millions of us are fighting just to keep our homes. What a slap in the face.

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Loopholes, Corporate Tax Dodging Costing Developing Countries Billions: Report

The Huffington Post | Jillian Berman | Posted 12.05.2011

Read More: Developing Nations, Multinational Corporations Tax Dodging, Video, Multinational Corporations, Multinational Corporations Taxes, Corporate Tax Breaks, Corporate Tax Reform, Corporate Taxes, Corporate Tax Loopholes, Business News

It's no secret that many multinationals have become particularly adept at exploiting tax loopholes. Nor is it a surprising that the U.S. federal defic...

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Illinois House Blocks CME, Sears Tax Break Bill

AP | By CHRISTOPHER WILLS | Posted 11.30.2011

Read More: Video, Illinois Unemployment, Sears Holdings Corp, Illinois Business, Corporate Tax Breaks, Illinois Veto Session, Sears Leaving Illinois, Cme Group Leaving Illinois, Illinois Economy, CME Group, Chicago News

SPRINGFIELD, Ill. -- What a state takes away, it also can give back. Less than a year after raising personal and corporate income taxes, Illinois off...

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Dan Froomkin

Congress Flips Bird To Occupy Wall Street

HuffingtonPost.com | Dan Froomkin | Posted 12.13.2011

Read More: Corporate Corruption, Chuck Schumer, Video, Occupy Wall Street Protest, Lobbying, Corporate Lobbyists, Occupy Wall Street, Tax Holiday, 112th Congress, Corporate Tax Breaks, Tax Breaks, Repatriation Tax Holiday, Carl Levin, #Occupywallstreet, Politics News

WASHINGTON -- Even as protesters fed up with corporate power are occupying Wall Street, Congress is rushing to oblige it. In an iconic example of h...

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Bush Tax Break For Overseas Corporations Was Costly Failure

Posted 12.11.2011

Read More: Overseas Corporations Tax Breaks, Corporate Tax Cuts, Video, Foreign Corporations, Tax Breaks Foreign Corporations, Tax Cuts, Tax Breaks Overseas Corporations, Corporate Tax Breaks, Foreign Corporations Tax Breaks, Overseas Corporations, Corporate Taxes, Tax Breaks, Politics News

(Reuters) - Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failur...

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Cuts Fueling an American Uprising

Carl Gibson | Posted 10.03.2011

Read More: Deficit, Social Security, Debt Ceiling, Income Inequality, Budget Cuts, Oil Subsidies, Corporate Tax Breaks, Medicare, Corporate Tax Loopholes, Millionaires Tax, Corporate Taxes, Bush Tax Cuts, Austerity, Politics News
Carl Gibson

In the next election cycle, Americans will remember who voted to protect their interests, and who voted to put their social safety net on the chopping block to protect billionaires and big oil.

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The Vat Is Necessary

Sen. Fritz Hollings | Posted 07.10.2011

Read More: Tax Vat, Vat Tax, Corporate Tax Breaks, Oversees Vat Tax, Corporate Tax Loopholes, Taxes, VAT Tax U.S., Politics News
Sen. Fritz Hollings

People are frustrated because there's all talk and no action on jobs and deficits. People are frustrated because our competitive country is not competing in globalization. To compete, to create jobs, a value added tax is necessary.

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Amanda Terkel

Corporations That Got Massive Tax Breaks Spent Millions In 2010 Elections

HuffingtonPost.com | Amanda Terkel | Posted 07.03.2011

Read More: Boeing, General Electric, Corporate Political Contributions, Bill De Blasio, Exxon Mobil, Bank of America, Elections 2012, Exxonmobil, Exxon, Corporate Tax Breaks, Chevron, Corporate Taxes, Ge, Bill De Blasio Public Advocate, Politics News

This story has been updated. WASHINGTON -- The top five recipients of large federal corporate tax breaks in 2009 are also among the biggest spender...

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Amanda Terkel

Labor Battles Hit Washington State

HuffingtonPost.com | Amanda Terkel | Posted 06.08.2011

Read More: Washington State Labor Protests, Taxes, Video, Washington State Protests, Tax Loophole, Washington State Budget, Tax Loopholes, Seiu, Washington Labor Council, Washington State Labor Unions, Corporate Tax Breaks, Washington State, Corporate Tax Loopholes, Washington Community Action Network, Politics News

This story has been updated. WASHINGTON -- Inspired by the uprising in Wisconsin over workers' rights, Washington state residents have turned out a...

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