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Corporate Taxes

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.

Just Do It: Cut Corporate Taxes and Create Middle-Class Jobs

Ross DeVol | Posted 06.01.2015 | Business
Ross DeVol

A comprehensive modernization of the U.S. corporate tax system can be enacted in a fiscally responsive, revenue-neutral way.

House of Cards Makes a Wonk's Day

Sarah Anderson | Posted 05.19.2015 | Politics
Sarah Anderson

I'm embarrassed to admit I'm one of the few people in Washington who has never watched House of Cards. But this sorry state of affairs is soon about to change. That's because this hot Netflix show has just delivered me a pleasant surprise.

Self-Employment Taxes Are A Special Kind Of Hell

David A. Dedman | Posted 05.17.2015 | Money
David A. Dedman

Unfortunately, when you're self-employed this is your problem and nobody else's.

A Terrible, Horrible, No Good, Very Bad Idea

Jaimie Woo | Posted 04.28.2015 | Politics
Jaimie Woo

A strangely popular proposal would give companies a temporary tax holiday, letting corporations "repatriate" their money at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. You'd think that common sense and strong opposition would be enough to kill a bad policy. Not in Washington, D.C., apparently.

GOP Hammers Obama Again With the Taxing the Rich Myth

Earl Ofari Hutchinson | Posted 04.11.2015 | Politics
Earl Ofari Hutchinson

The GOP cynically flips the table and blames the wealth gap and even the poverty rise on Obama's supposedly reckless tax and spend policies. This is more myth-making. Obama's budget has not broken the government's fiscal bank.

Obama's Plan to Address Corporate Tax Avoidance on Offshore Profits Is 'Not Nearly Enough'

Frank Clemente | Posted 04.04.2015 | Politics
Frank Clemente

For years everyone else has been picking up the tab for big corporations because our tax system encourages them to shift jobs and profits offshore. It's time for that to end. President Obama's plan does not go nearly far enough to do that.

Ben Walsh

Study Debunks Major Argument In Favor Of Corporate Tax Breaks

HuffingtonPost.com | Ben Walsh | Posted 12.22.2014 | Business

The most popular argument for cutting corporate taxes -- that it helps create jobs -- doesn’t seem to be true.

GOP: Thanks for Electing Us, and Screw You

Richard Zombeck | Posted 02.03.2015 | Politics
Richard Zombeck

Whether their actions are based on something as simple as political DNA or a plot to retaliate against the president by taking hostages and wiping out villages, Congress, led by the GOP, is working hard to hurt the very people who elected them and helping the ones who got them elected.

An Economic Agenda for America: 12 Steps Forward

Sen. Bernie Sanders | Posted 01.31.2015 | Politics
Sen. Bernie Sanders

The long-term deterioration of the middle class, accelerated by the Wall Street crash of 2008, has not been pretty. Today, we have more wealth and income inequality than any major country on earth.

Zach Carter

McConnell And Obama Are Already Planning To Undercut Liberal Democrats In Congress

HuffingtonPost.com | Zach Carter | Posted 11.05.2014 | Politics

WASHINGTON -- Sen. Mitch McConnell (R-Ky.) said Wednesday that he and President Barack Obama are already discussing plans to cut corporate tax rates a...

Leaked Docs Expose More Than 340 Companies' Tax Schemes In Luxembourg

ICIJ | Leslie Wayne, Kelly Carr, Marina Walker Guevara, Mar Cabra and Michael Hudson | Posted 11.05.2014 | Business

Landlocked European duchy a “magical fairyland” for brand-name corporations seeking to make tax bills disappear

Illinois' Tax Climate for Businesses Slides

Reboot Illinois | Posted 01.05.2015 | Chicago
Reboot Illinois

Along with personal and corporate income tax rates, the Tax Foundation ranked sales, unemployment insurance and property taxes to determine the overall ranking. Here's how Illinois ranked in each category.

Obama Scores Big Win Against Tax-Dodging Deals

Reuters | Ben Hirschler | Posted 10.16.2014 | Business

LONDON, Oct 16 (Reuters) - U.S. drugmaker AbbVie has pulled the plug on its plan to buy Dublin-based Shire , recommending shareholders vote against th...

Warren Buffett: U.S. Never Followed Through On That Whole 'Tax The Rich' Thing

The Huffington Post | Alexander C. Kaufman | Posted 10.08.2014 | Business

Warren Buffett thinks it's a problem that some of the wealthiest Americans pay lower tax rates than their housekeepers. The billionaire investor sa...

A Brief History of America's Attitude Toward Taxes

Roger Martin | Posted 12.03.2014 | Business
Roger Martin

The changing attitudes toward and laws around income taxes has been a major driver of the rise of America's modern talent-based, knowledge economy.