Corporate Tax Loopholes

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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Tax Dodging Jeopardizes Society at Home and Abroad

Heather A. Lowe | Posted 04.16.2012

Read More: Tax Day, Corporate Tax Evasion, Apple Tax Evasion, Corporate Tax Loopholes, Tax Evasion, Corporate Taxes, Tax Dodging, International Tax Havens, Tax Havens, Politics News

American corporations make use of offshore tax havens and creative accounting techniques to legally avoid paying taxes in the United States, while still racking up record profits. The seriousness of the problem cannot be overstated.

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The Corporations That Make Money Off Taxes

The Huffington Post | Harry Bradford | Posted 04.09.2012

Read More: Taxes, Boeing, General Electric, Fortune 500, Think Progress, Verizon, Corporate Profits, Tax Rates, Corporate Taxes, Tax Subsidies, Citizens for Tax Justice, Institute on Taxation and Economic Policy, Corporate Tax Cuts, Corporate Tax Rates, Corporations, Corporate Tax Loopholes, Corporate Tax Revenue, Business News

Instead of giving money to the government, it turns out more than a few U.S. companies are actually making money off their income taxes. In a recen...

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Senator On Corporate Tax Rate: 'This Isn't An April Fool's Day Joke'

Reuters | Posted 03.31.2012

Read More: Video, U.S. Corporate Tax Rate, U.S. Corporate Taxes, Corporate Tax Rate, Reuters, Business News, Corporate Tax Reform, Corporate Taxes, Corporate Tax Loopholes, Business News

* Japan's corporate tax rate dropping to 38.01 pct on Sunday * Combined U.S. 39.2 pct rate will be developed world's highest ...

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How Much Do Corporate Tax Dodgers Pay For Loopholes?

HuffingtonPost.com | Dan Froomkin | Posted 03.21.2012

Read More: Corporate Tax Dodgers, Congress, Loopholes for Sale, Campaign Contributions, Dirty Thirty, Corporate Tax Loopholes, Loopholes, Politics News

It's one of the age-old Washington mind-benders: How is it possible that more than two dozen major U.S. companies post enormous profits and pay no tax...

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CEOs Embrace Tax Hike Plans Rejected By Paul Ryan

HuffingtonPost.com | Zach Carter | Posted 03.08.2012

WASHINGTON -- A powerful coalition of corporate executives on Wednesday praised a deficit reduction plan that has long been maligned by GOP leaders fo...

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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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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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We've All Got an Itch to Scratch

Del Phillips | Posted 04.25.2012

Read More: Unemployment, Great Recession, Long-Term Unemployed, Corporate Tax Loopholes, Long-Term Unemployment, Employment, Jobs Crisis, Corporate Taxes, Obama Corporate Tax Plan, Chicago News

It's time to play hardball (and not with Chris Matthews). If we, the tax payers, are going to scratch the back of corporations by taking on more of the burden they will not be paying, they need to scratch ours.

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How Obama's Tax Plan Could Actually Add Loopholes

AP | By CHRISTOPHER S. RUGABER and PAUL WISEMAN | Posted 04.24.2012

Read More: Taxes, Fiscal Affairs, Corporate Tax Rates, Video, Barack Obama Tax Plan, Obama Tax Plan, Business News, Corporate Tax Loopholes, Corporate Taxes, Business News

WASHINGTON -- President Barack Obama wants to close dozens of loopholes that let some companies pay little or nothing in taxes. But he also wants to o...

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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

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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Obama Tax Plan Would Raise Taxes On Investment Managers

The Huffington Post | D.M. Levine | Posted 02.22.2012

Read More: Taxes, Corporate-Tax-Loopholes, Tax Loophole, Video, Hedge Funds, Carried Interest, Corporate Taxes, Private Equity, Barack Obama, Obama Administration Tax Proposal, Business News

Part of the tax proposal announced by the Obama administration on Wednesday would shut down a controversial loophole that allows hedge fund managers a...

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Corporate Tax Rates Effectively Already Below Obama's Proposed Level

The Huffington Post | Alexander Eichler | Posted 02.22.2012

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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Obama's Proposed Minimum Tax on Foreign Earnings

Robert Pozen | Posted 04.21.2012

Read More: Repatriation, Foreign Source Income, Corporate Tax Reform, Multinational Corporations, Corporate Tax Loopholes, Corporate Taxes, Politics News

If properly designed, the president's minimum tax could substantially improve the current system of taxing foreign profits of U.S. multinational corporations -- by both raising revenues and encouraging domestic investments.

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Facebook Getting A Huge Tax Break, Despite Big Profits: Report

The Huffington Post | Alexander Eichler | Posted 02.13.2012

Facebook's recent decision to go public may be a boon for the company in more ways than one. Facebook is structuring its initial public offering i...

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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

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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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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Corporate Loopholes: The Tip of the Iceberg

Marian Wright Edelman | Posted 01.04.2012

Read More: CEO Pay, Corporate Excess, Economy, Deficit Reduction, Corporate Taxes, Wealth Gap, Early Childhood Development, CEO Compensation, Corporate Tax Loopholes, Budget Cuts, Budget, Corporate Greed, Early Childhood Education, Super Committee, Politics News

Some days it feels like America may be speeding towards a proverbial iceberg. The tip of the iceberg is the budget deficit; and the failure to invest in our human capital is the rest of the iceberg that will sink America's ship of state. But as the super committee struggles to make difficult decisions in the coming weeks to reduce the budget deficit, one of the proposals it is considering is reducing the corporate tax rate. This would be a step away from investing in human capital, and a step towards balancing the budget on the backs of our youth, who need health care and nutrition, quality education and good jobs to build a strong America. Children did not cause the budget deficit and they must not be sacrificed to help solve it.

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Is Our Nation on the Titanic?

Marian Wright Edelman | Posted 11.23.2011

What is our values compass as we seek solutions to rampant joblessness and poverty among millions of Americans, including 16.4 million poor children?

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How to Fix the Foreclosure Crisis: A Real Bailout

Adam Levin | Posted 11.23.2011

Read More: Tax Cuts, Trickle-Down Economics, Foreclosure, Credit Card Debt, Corporate Tax Loopholes, Tax Cuts for the Wealthy, Bailout, Business News

It seems like the only thing that trickled down from the interventions of 2008-9 was further economic distress, which is now manifesting itself quite possibly as double-dip recession.

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A Tax Plan to Rally Around: The Buffett Rule

Chuck Collins | Posted 11.20.2011

Read More: Bernie Sanders, Barack Obama Tax Plan, Corporate Tax Loopholes, Jan Schakowsky, Taxing the Rich, Tea Party, Bush Tax Cuts, Politics News

Obama has put forward a revenue proposal worthy of support and organizing. Progressives need to engage the media and our neighbors -- and dramatize the reality that a majority support increasing taxes on millionaires and corporate tax dodgers.

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America Is Crumbling: Hire Us to Fix It

Carl Gibson | Posted 10.24.2011

Read More: Infrastructure, Unemployment, Budget Cuts, Wpa, Financial Speculation Tax, Texas Drought, Jobs, Corporate Tax Loopholes, Public Sector, Rick Perry, Business News

We need jobs to fully recover, but jobs won't come about until demand picks up. Demand won't pick up until people have money to spend. So why are our leaders hell-bent on cutting public sector jobs when we need them most?

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Schakowsky Bill Addresses Job Crisis

HuffingtonPost.com | Jordan Howard | Posted 10.10.2011

Read More: 99ers, Super Committee, Congressional Progressive Caucus, Unemployment Rate, Jan Schakowsky, 112th Congress, Unemployment Benefits, Corporate Tax Loopholes, Fairness in Taxation Act, Politics News

WASHINGTON -- Rep. Jan Schakowsky (D-Ill.), a member of the Congressional Progressive Caucus, announced on Wednesday that she will introduce a progres...

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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

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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