Are You Ready for Taxmaggedon?
A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012.
A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012.
Elizabeth Parisian | Posted 05.16.2012
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.
Evan Soltas | Posted 05.15.2012
America is having the wrong conversation about corporate taxes. The problem isn't that corporate tax rates are too high, or that these rates are rendering us uncompetitive. This all-too-common story is simply untrue.
Jon Soltz | Posted 05.15.2012
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.
Ted Kaufman | Posted 05.07.2012
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.
Christopher Bergin | Posted 05.01.2012
We are currently having a debate in this country about fairness and our tax systems. That's a good debate to have. But insinuating that someone who pays a lower effective tax rate than you is somehow doing something unfair to you does not help the debate.
Christopher Newfield | Posted 04.30.2012
Cuts to places like De Anza destroy mass access to a knowledge economy that is led by Apple. Corporate tax avoidance has for decades been a major mechanism of crumbling the social bridging performed by higher ed.
AP | ALAN FRAM | Posted 04.24.2012
WASHINGTON — First it was people earning at least $1 million a year. Now Democrats seeking their next election-year target for tax increases on ...
Sarita Gupta | Posted 04.18.2012
We are calling on tax-dodging and highly-subsidized corporations to pay their fair share in taxes, to create good jobs in our communities, to reset the housing market and restore our economy, and to keep corporate money out of our democracy.
Preeti Vissa | Posted 04.17.2012
That's more than the gross domestic product of Saudi Arabia, the world's richest oil economy, not to mention a bunch of other countries. And Apple paid a lower federal income tax rate last year than the average California schoolteacher.
HuffingtonPost.com | Luke Johnson | Posted 04.17.2012
The top eight companies that spent the most on federal lobbying from 2007 to 2009 all saw their reported tax rates decrease from 2007 to 2010, accordi...
HuffingtonPost.com | Alexander Eichler | Posted 04.17.2012
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...
Heather A. Lowe | Posted 04.16.2012
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.
Bill Moyers | Posted 04.16.2012
Corporate taxes today are at a 40-year-low -- even as the executive suites at big corporations have become throne rooms where the crown jewels wind up in the personal vault of the CEO.
Robert McIntyre | Posted 04.11.2012
You might have heard how the U.S. has just become "number one" in corporate taxation. But it's the highest on paper only. In practice, the true U.S. corporate tax rate is barely half of the 35 percent nominal rate.
The Huffington Post | Harry Bradford | Posted 04.09.2012
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...
Rev. Dr. R. Joaquin Willis | Posted 04.09.2012
Carnival Cruise Lines, who made over $11 billion in profits in the last five years, paid just 1% of their profits in taxes. This while one of the largest public hospitals in the South East is laying off thousand of employees.
Lloyd Chapman | Posted 04.02.2012
Today, it doesn't really matter who the President is or who is in Congress because big corporations run our government.
Reuters | Posted 03.31.2012
* 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 ...
Martin Sullivan | Posted 05.29.2012
Higher corporate taxes do not reduce corporate capital formation. They shift it abroad. The result is domestic job losses and lower domestic wages.
Harlan Green | Posted 05.21.2012
Raising corporate taxes -- or closing all the loopholes -- is a first step if we want to create a sustainable recovery, rather than more busted bubbles.
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...
The Huffington Post | Bonnie Kavoussi | Posted 03.05.2012
Nobody likes tax time. But for many companies, that annual burden is getting a lot lighter. Corporations are enjoying not only record profits, but ...
Phineas Baxandall | Posted 05.01.2012
The much anticipated corporate tax reform framework released last week by President Obama hit the right notes but lacked the details to know if it can fully realize it's potential.
HuffingtonPost.com | Alexander Eichler | Posted 02.28.2012
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...
Martin Sullivan | Posted 05.24.2012