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Corporate Tax Loopholes

Corporations, Humans and Taxes

Christopher Brauchli | Posted 07.10.2013 | Business
Christopher Brauchli

It does not take a tax scholar to realize that the deal corporate persons get on money they earn abroad is much better than the deal human persons get.

8 Outrageous Corporate Tax Loopholes

The Huffington Post | Jillian Berman | Posted 05.01.2013 | Business

Even though corporate tax breaks cost the U.S. government billions every year, the particulars of how they work remain a mystery to many Americans. Th...

These Companies Are Pocketing Billions From Little-Known Tax Break

The Huffington Post | Jillian Berman | Posted 04.25.2013 | Business

Hundreds of Fortune 500 companies are reaping billions at the expense of Uncle Sam because of a legal tax break that critics claim defies "common sens...

Report Reveals Staggering Cost Of Corporate Tax Breaks

Reuters | Posted 06.15.2013 | Business

* GAO says corporate tax break costs jumps * April 15 deadline for lobbyists to submit comments on revamp * Corporate i...

Facebook Paid A NEGATIVE 40.4 Percent Tax Rate In 2012, Group Claims

Posted 04.12.2013 | Business

Here’s something to “Like" if you're Facebook: getting a tax rebate despite pulling in billions in profits. The social media giant paid a nega...

Repatriation of Corporate Cash Abroad

Frank A. Weil | Posted 06.09.2013 | Politics
Frank A. Weil

Today a lot of companies sit back and wait for a repeat of that opportunity. In the meantime, the money remains pretty much sterilized and does little to benefit either American workers or investors.

Mark Gongloff

Companies That Pay Little In Taxes Whine For Lower Rates | Mark Gongloff | Posted 04.01.2013 | Business

America's corporate giants didn't get where they are by sitting back and accepting the status quo, people, which is why paying next to nothing in taxe...

Sabrina Siddiqui

GOP Senator Fights Corporate Tax Giveaways | Sabrina Siddiqui | Posted 03.22.2013 | Politics

WASHINGTON -- Sen. Tom Coburn (R-Okla.) pressed Congress Friday to eliminate tax breaks and loopholes benefitting NASCAR, Hollywood and other special ...

Take Shelter From the Cuts on Tax Day

C. Robert Gibson | Posted 05.12.2013 | Politics
C. Robert Gibson

Here's a pop quiz for Congress: If you cut food assistance for needy families by $333 million, and allow corporations to dodge $183 billion in federal taxes in the same year, how much did you end up reducing the deficit?

Ben Hallman

New 'Territorial' Tax Push Could Allow Companies To Pay Even Less In Taxes | Ben Hallman | Posted 03.06.2013 | Business

Corporate profits are soaring, but many of the largest American companies say they need tax relief in order to compete with foreign foes. On Wedn...

There's Hay in the Barn, But We're Not Feeding the Horses

C. Robert Gibson | Posted 05.05.2013 | Politics
C. Robert Gibson

The sequester is simply more proof that our government is putting bank bailouts, military contracts and corporate tax loopholes above the needs of their constituents. And it will only get worse until we throw them out.

Senator Hurls Damning Accusations Against Big Banks

Posted 02.27.2013 | Business

One senator is accusing Wall Street banks of setting up offshore subsidiaries to avoid paying U.S. taxes. In a statement on the Senate floor Wedne...

Ben Hallman

Made In America: How Corporate Lobbyists Manufactured A $100 Billion Tax Break | Ben Hallman | Posted 02.16.2013 | Business

Starbucks had already mastered the art of doing business on multiple continents as it grew from a niche coffee retailer in Seattle into a global brand...

Obama Renews Call For Elimination Of Some Corporate Tax Loopholes

The Huffington Post | Ben Hallman | Posted 02.12.2013 | Business

Solving the never-ending budget crisis and reducing the deficit will require corporate tax reform, Obama said. Obama called for tax reform that "l...

Running the Tax Dodgers Out of Town

C. Robert Gibson | Posted 04.14.2013 | Politics
C. Robert Gibson

Awareness of the unfair tax code that relieves a burden from those who have the most and shifting it to those who can barely scrape by has spread all over America, and Congress will soon have no choice but to acknowledge it.

The Endgame of Capitalism

C. Robert Gibson | Posted 04.06.2013 | Business
C. Robert Gibson

We're witnessing the endgame of capitalism, where a few wealthy individuals and corporations have accumulated most of the wealth while the rest of us are left to fight for the scraps.

Dem Senator Looks For Allies In Looming Battle

Reuters | Posted 03.31.2013 | Politics

* Levin circulates list of specific tax ideas to colleagues * Automatic spending cuts will be 'disaster,' he says By Kim...

Corporate Cash Gets A Staycation From Taxation

The Huffington Post | Mark Gongloff | Posted 01.23.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

The Myth of High Corporate Taxes

Allan Abramson | Posted 03.11.2013 | Business
Allan Abramson

Facts are not in fashion right now. Argument by anecdote, by attack, by fear, by anger, and by falsehoods, all are preferable to dry facts. One example is the myth of high corporate taxes, and the corresponding call for lower corporate tax rates.

Cut Corporate Welfare, Not the Safety Net

C. Robert Gibson | Posted 03.09.2013 | Politics
C. Robert Gibson

Instead of making us give up the pensions and health care that we paid for, why not hold rich companies to the same standards as everyone else when it comes to paying taxes?

Mark Gongloff

Report: Corporations' Overseas Profit Stash Could Erase Fiscal Cliff | Mark Gongloff | Posted 12.14.2012 | Business

While Washington freaks out about the budget deficit, a corporate money mountain matches the $1.6 trillion President Obama wants in tax hikes. Theoret...

World Leaders Accuse Companies Of Not Paying Their 'Fair Share' In Taxes

Reuters | Posted 01.23.2014 | Business

* Plan to be pushed under Russian G20 presidency in 2013 * German and Britain confident of support for drive By Gernot H...

The Real Welfare Queens

Posted 09.25.2012 | Business

Welfare queens may actually look more like giant corporations. The government spent about $59 billion to pay for traditional social welfare progra...

What Giant Companies Have In Common With Romney

The Huffington Post | Mark Gongloff | Posted 09.20.2012 | Business

American multinational corporations have something in common with Republican presidential nominee Mitt Romney, aside from being people, too: They both...

Report: Companies Abandon U.S. To Avoid Taxes

The Huffington Post | Mark Gongloff | Posted 08.29.2012 | Business

Taxes: If you only read the Wall Street Journal, you might think they are the biggest problem in America right now. The WSJ, for example, has run t...