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Corporate Taxes

Common Weaknesses in the Republicans' Tax Proposals

David Coates | Posted 01.25.2016 | Politics
David Coates

Though for understandable reasons the leading Republican presidential candidates continually emphasize the things that divide them, we would do well to concentrate rather on the things that do not.

Extreme Inequality Is Not Inevitable

Raymond C. Offenheiser | Posted 01.22.2016 | Impact
Raymond C. Offenheiser

Just 53 men and 9 women have as much wealth as more than 3.6 billion people on this planet. Such a startling statistic highlights how extreme inequality has picked up a dramatic pace.

Families Advance With Recent Tax Bill, But Corporations Got a Lot More

Frank Clemente | Posted 12.22.2015 | Politics
Frank Clemente

We have a long way to go towards the day when corporations routinely pay their fair share of taxes and families and communities get the public services they deserve. It may sound like a Christmas miracle today, but we can get there.

Tim Cook: Accusations Against Apple Are 'Total Political Crap'

Reuters/The Huffington Post | Nico Pitney | Posted 12.18.2015 | Technology

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What to Do About Disloyal Corporations

Robert Reich | Posted 12.06.2015 | Politics
Robert Reich

In 2013, Pfizer raked in nearly $4 billion on sales of the Prevnar 13 vaccine, which prevents diseases caused by pneumococcal bacteria, from ear infections to pneumonia -- for which Pfizer is the only manufacturer. Other countries wouldn't allow their patent systems to justify such huge charges. Neither should we -- especially when Pfizer stops being an American company.

Tax Dodging Just One Part Of Pfizer's Corrupt Business Model

William Lazonick | Posted 12.06.2015 | Business
William Lazonick

If Pfizer is cash-constrained, it is far more likely that it is the golden handcuffs of stock-based executive pay that are the source of the problem.

Once Again, Pfizer Scams the American People

Frank Clemente | Posted 11.25.2015 | Politics
Frank Clemente

Let's use Pfizer's latest outrage as an incentive to resuscitate reform. Now is the time to force Pfizer--and all of America's big-time corporate tax dodgers--to play fair with the American people. Pfinally.

Must Watch: Warren's Warning About The Coming Corporate Tax Giveaway

Dave Johnson | Posted 11.19.2015 | Business
Dave Johnson

This rigs the game against families and smaller businesses that have to pick up the slack. Families and small U.S. companies pay 17.5 percent. The biggest corporations pay less, even zero.

Elizabeth Warren Slams Proposed Tax Reforms As 'Giant Wet Kiss' To Corporations

The Huffington Post | Shahien Nasiripour | Posted 11.18.2015 | Politics

Federal policymakers must demand that big corporations "substantially increase" the amount of federal tax they pay under any rewrite of the nation's t...

Why Pfizer's Plan To Move To Ireland May Cost You Money

The Huffington Post | Alexander C. Kaufman | Posted 11.04.2015 | Business

NEW YORK -- Pfizer's bid to buy Irish rival Allegan may end up costing you money, according to economist Gabriel Zucman. The move would allow the New...

Raising Revenues Must Be Central Goal of Budget Talks

Frank Clemente | Posted 10.23.2015 | Politics
Frank Clemente

To create a budget that works for everyone - and not just wealthy special interests - Congress needs to raise significant revenue instead of cutting services. It's time for a more balanced approach to budgeting.

Carl Icahn's $150 Million Threat: Cut Corporate Taxes Or Face My Super PAC

The Huffington Post | Paul Blumenthal | Posted 10.21.2015 | Politics

WASHINGTON -- Billionaire activist investor Carl Icahn issued a $150 million threat to Congress on Wednesday: pass legislation slashing corporat...

Trump: Don't Make Corporations Pay Their Taxes

Dave Johnson | Posted 08.21.2015 | Entertainment
Dave Johnson

Never mind the decades of gibberish we have been subjected to about "tax cuts increase revenue to the government" and "low taxes means more jobs" and "pro-growth policies" and "government takes money out of the economy" and "tax cuts hurt growth" and "taxes are theft."

The International Tax System is 'Repulsive And Inequitable.' Here's A Way To Fix It.

The Huffington Post | Ben Walsh | Posted 08.20.2015 | Politics

The way we tax multinational corporations is “repulsive, inequitable and inefficient,” according to Nobel Prize-winning economist and Colu...

5 Tax Myths You'll Hear During Republican Presidential Debate

Frank Clemente | Posted 08.06.2015 | Politics
Frank Clemente

We tune into presidential debates for the surprises (who knew Rick Perry couldn't count to three?), but most of what happens is all too predictable. At a GOP debate, you can be sure taxes will be a hot topic. After all, what ailment can't be cured with a tax cut?

Hillary Clinton's Economic Speech A Total Letdown

The Huffington Post | Zach Carter | Posted 07.24.2015 | Politics

Hillary Clinton gave a speech Friday that pledged to combat dodgy corporate management but offered only soft-touch policy solutions that included...

Next Big One: Repatriation Tax Holiday Giveaway to Corporations

Dave Johnson | Posted 07.14.2015 | Business
Dave Johnson

What is really going on is the game is being rigged. Corporations get huge tax breaks and subsidies, a few billionaires and plutocrats get the cash, and We the People, the 99 percent, have to make up the difference.

The Reality of Taxing Carried Interest

Douglas Holtz-Eakin | Posted 06.15.2015 | Business
Douglas Holtz-Eakin

Candidate Clinton and other advocates will claim taxing carried interest improves the economy. Unfortunately, it won't. A key principle of taxation is efficiency. Taxing capital differently across sectors and business forms means that taxes are driving business decisions.

Rick Perry Is Right: Kill the Export-Import Bank and Cut Corporate Taxes

Steve H. Hanke | Posted 06.04.2015 | Business
Steve H. Hanke

The Export-Import Bank (Ex-Im) provides financing and loan guarantees at below-market rates to foreign purchasers looking to buy products from American exporters. For example, if Emirates Air wants to buy planes from Boeing, Ex-Im can provide a loan guarantee, reducing the interest rate Emirates will pay and thus incentivizing Emirates to buy from Boeing rather than Airbus.

Ben Walsh

It's Time To End The Legal Fiction Of International Corporate Taxes, Nobel Prize Winner Says

HuffingtonPost.com | Ben Walsh | Posted 06.03.2015 | Business

For decades, multinational companies have turned to complex corporate structures that allow them to use disjointed national tax policies and rates to ...

Congress Rewards Corporations While Punishing the American People

Frank Clemente | Posted 05.22.2015 | Politics
Frank Clemente

Voting to give corporations a huge tax cut without closing loopholes to pay for it is the height of hypocrisy. It represents an egregious double standard by conservatives: They increase the deficit by providing hundreds of billions of dollars in tax breaks to corporations while they slash $5 trillion in spending that primarily benefits working Americans in order to reduce the deficit.

Taxes and Your Wallet

Mike Smith | Posted 06.17.2015 | Money
Mike Smith

Taxes and Your Wallet

Twice the Burden: Low-Wage Employers Cost Taxpayers Billions in Public Assistance and Lost Tax Revenue

Yannet Lathrop | Posted 06.15.2015 | Business
Yannet Lathrop

On Tax Day, while working Americans contribute their part to keeping the country running, many companies that pay low-wages will exploit a loophole in the tax code that that allowed them to write off taxes on over $66 billion in executive compensation pay between 2007 and 2010.

Stop Corporate Welfare Kings and Tax Escapees From Strip-mining America

Ralph Nader | Posted 06.15.2015 | Politics
Ralph Nader

Through a myriad of tax avoidance schemes, the wealthy 1 percent continue to profit using public resources, subsidies and infrastructure while the 99 percent disproportionately pay the bills for it -- all while struggling to pay their own bills, mortgages, student loans, and more. Americans must ask why individual taxpayers are fronting the money for hugely profitable corporations.

Walmart's Small Wage Increase Not Enough for Employees, Taxpayers

Frank Clemente | Posted 06.07.2015 | Politics
Frank Clemente

Walmart would need to raise its base pay to $15 an hour to properly compensate its workers and relieve America's taxpayers from picking up part of its payroll tab. Can Walmart afford it? The Walton family saw their fortune increase by $21 billion last year alone. For about half that amount they could give every one of Walmart's 1.3 million U.S. employees a $5-an-hour raise.