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Corporate Tax Reform

Untying the Knot

Sen. Fritz Hollings | Posted 06.09.2012 | Business
Sen. Fritz Hollings

Budget rhetoric in Washington is askew. Instead of discussing taxes we ought to be discussing the merit of programs and how to pay for them. But programs are never debated.

Americans Say Others Not Paying Fair Share Of Taxes

The Huffington Post | Khadeeja Safdar | Posted 04.05.2012 | Business

It's not that Americans just don't like paying taxes. They also really don't approve of the U.S. system as a whole, according to a recent survey. ...

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

Reuters | Posted 05.30.2012 | Business

* 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 ...

A Grown-Up Conversation About the Corporate Tax

Martin Sullivan | Posted 05.29.2012 | Politics
Martin Sullivan

Higher corporate taxes do not reduce corporate capital formation. They shift it abroad. The result is domestic job losses and lower domestic wages.

Main Street or Wall Street? Why Not Both?

Kristie Arslan | Posted 05.08.2012 | Small Business
Kristie Arslan

If we're going to talk about tax reform, we need to be talking about reform across the board, not just for those who seem to command the most attention and action from Congress and the White House.

Zach Carter

CEOs Embrace Tax Hike Plans Rejected By Paul Ryan

HuffingtonPost.com | Zach Carter | Posted 03.08.2012 | Politics

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

Corporate Tax Rate Hits Ten-Year Low

The Huffington Post | Bonnie Kavoussi | Posted 03.05.2012 | Business

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

GE Breaks Law, Avoids Taxes. Gets Billions From Gov't, Avoids Taxes. Gets White House Post -- Ah, You Know The Rest.

Richard (RJ) Eskow | Posted 04.28.2012 | Politics
Richard (RJ) Eskow

GE has probably avoided paying its fair share of taxes in a "legal" way -- if the word "legal" can be used to describe a system where corporations pay for the privilege of influencing politicians to bend the law in their favor.

Warren Buffett: High Corporate Taxes Are An American 'Myth'

The Huffington Post | Bonnie Kavoussi | Posted 02.27.2012 | Business

Corporations, like the rich, aren't paying their fair share in taxes, billionaire investor Warren Buffett told CNBC on Monday. Even while enjoying...

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

Robert L. Borosage | Posted 04.24.2012 | Politics
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.

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

Robert Reich | Posted 04.23.2012 | Politics
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.

Corporate Tax Reform: Be Careful What You Wish For

Jared Bernstein | Posted 04.23.2012 | Business
Jared Bernstein

Pretty much every discussion of tax reform these days ends with an agreement that we need to broaden the base and lower the rates. Well, the White House today will release the broad outlines of a plan to do just that on the corporate side of the federal tax code.

Corporate Tax Reform Plan To Be Rolled Out By Treasury Department Wednesday

Reuters | Posted 04.22.2012 | Business

WASHINGTON, Feb 21 (Reuters) - The U.S. Treasury Department will roll out President Barack Obama's corporate tax reform plan on Wednesday, administr...

Obama's Proposed Minimum Tax on Foreign Earnings

Robert Pozen | Posted 04.21.2012 | Politics
Robert Pozen

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.

Tim Geithner: We Need To Make Sure Corporations 'Pay Their Fair Share'

The Huffington Post | Bonnie Kavoussi | Posted 02.14.2012 | Business

If you're feeling upset while filing your taxes this year, knowing that super-rich Americans like Mitt Romney could be paying a lower tax rate, Treasu...

Corporate Taxes As Percentage Of Profits Now Lowest In Decades

The Huffington Post | Alexander Eichler | Posted 02.03.2012 | Business

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...

Eureka!

Sen. Fritz Hollings | Posted 04.02.2012 | Business
Sen. Fritz Hollings

If the president would campaign on competing in globalization he not only could save his reelection, he could save the country.

Jillian Berman

OOPS: Romney Wrongly Claims Obama Raised Corporate Tax Rate

HuffingtonPost.com | Jillian Berman | Posted 01.25.2012 | Business

The only problem with Mitt Romney's fact check of President Barack Obama after his State of the Union address was that the Republican presidential can...

David Cay Johnston: A Corporate Tax Code For A Different Century

Reuters | Posted 03.15.2012 | Business

(Repeating for wider distribution.) NEW YORK, Jan 13 (David Cay Johnston, Reuters) - Big business is lobbying for a major cut in the corpora...

Loopholes, Corporate Tax Dodging Costing Developing Countries Billions: Report

The Huffington Post | Jillian Berman | Posted 12.05.2011 | Business

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...

Despite Profits, Surveyed Corporations Paid Far Less Than Legally-Imposed Tax Rate

Posted 08.01.2011 | Business

WASHINGTON (Kevin Drawbaugh) - Twelve big U.S. companies paid far less than the statutory corporate tax rate from 2008 to 2010, despite making sub...

Tax Hikes Republicans Can Live With

David Callahan | Posted 07.23.2011 | Politics
David Callahan

A seemingly immutable law of today's politics is that Republicans in Congress have shifted so far right that they oppose all revenue increases -- no matter how urgent America's fiscal needs may be. But perhaps this is no longer the case.

GE Versus The NYT: Who Pays More Taxes?

Tax.com | David Cay Johnston | Posted 06.11.2011 | Business

Just as the individual income tax falls more heavily on the affluent than the super-rich, so too does the corporate income tax. The giants of American...

Zach Carter

Obama Rejects Tax Increase On Big Business

HuffingtonPost.com | Zach Carter | Posted 06.06.2011 | Politics

WASHINGTON -- As Congress grinds closer to shutting down the federal government and the White House floats proposals to cut social services for workin...

Geithner: 'Revenue Neutral' Corporate Tax Reform In The Works

Posted 06.05.2011 | Business

WASHINGTON - The Obama administration is working on a comprehensive proposal for corporate tax reform, U.S. Treasury Secretary Timothy Geithner sa...