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Corporate Taxes

Pressure Mounting On eBay, Ikea

Posted 10.22.2012 | Business

Avoiding taxes is all the rage these days, especially among major companies. Ikea and eBay are two of the latest to face scrutiny over accusations...

America's Comparatively Low Tax Burden

Howard Steven Friedman | Posted 11.25.2012 | Politics
Howard Steven Friedman

The next time you hear politicians talk about America's enormous tax burden, just remember that America currently has one of the lowest rates of any wealthy country.

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...

"Reasonable Suspicion" Now Applies to Mitt Romney

C. Robert Gibson | Posted 11.12.2012 | Politics
C. Robert Gibson

The Romneys deserve to be stopped-and-frisked over their missing tax returns by the press during every interview until they disclose them, because they're going to remain suspicious as hell until they show us what's really in there.

Reckless: How the Republican Solution to the Deficit Problem Will Cripple America

Sanjay Sanghoee | Posted 11.10.2012 | Business
Sanjay Sanghoee

The principal danger in a Romney presidency is in the reckless and contradictory Republican plan for deficit reduction, most of which is pure ideological nonsense.

Romney's Success at Bain Capital: The Business as Scam Model

Dean Baker | Posted 11.05.2012 | Business
Dean Baker

Bain Capital is not about producing wealth but rather about siphoning off wealth that was produced elsewhere in the economy. You cannot have an entire economy that is premised on the idea that it will siphon off wealth produced elsewhere.

Are You A Corporation? Bad News

Reuters | Posted 10.30.2012 | Business

By Chris Vellacott LONDON, Aug 30 (Reuters) - Cash-strapped governments keen to replenish their coffers and international bodies such ...

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...

26 Companies Paid Their CEOs More In 2011 Than They Paid In Taxes

Reuters | Posted 10.15.2012 | Business

* Three companies cited take issue with study methodology * Think tank: 4 pay-related tax breaks cost taxpayers $14 bln ...

How Tax Holidays Contributed to the Fall of the Roman Empire

E.J. Fagan | Posted 10.06.2012 | Business
E.J. Fagan

Repatriation holidays create vicious cycles. The first repatriation opens up the door to the possibility of avoiding taxes altogether, creating an expectation.

The 10 Most Profitable U.S. Corporations Pay A Tiny, Tiny Tax Rate

The Huffington Post | Alexander Eichler | Posted 08.06.2012 | Business

While some of America's biggest corporations may complain that they pay too much in taxes, a recent analysis shows that many are actually getting off ...

McCain Should Release Romney's Tax Returns

C. Robert Gibson | Posted 10.02.2012 | Politics
C. Robert Gibson

Was there something in those 23 years of tax returns that made John McCain choose Sarah Palin instead?

The U.S. Is Number One, But Maybe Not Where You'd Think

Posted 07.31.2012 | Politics

Tuesday's "Fact of the Day" runs down some stats on the U.S. federal corporate income tax rate, the highest in the world. Face the Facts USA is a p...

Business Owners and Developers: Give Credit Where It's Due

Wendy N. Powell | Posted 09.17.2012 | Business
Wendy N. Powell

Many companies literally used hammers and nails and created their business locations from the ground up. A village did not show up to help their company. Government did not make that happen.

Lessons from Roche's NJ Exit: Taxes Aren't the Magic Bullet for Job Creation

Gordon MacInnes | Posted 09.05.2012 | Business
Gordon MacInnes

Not even the loss of 1,000 high-paying jobs as Roche abandons its 80-year tie to New Jersey is enough to shake the one-note insistence of Gov. Chris Christie's administration that taxes are all that counts in holding and attracting jobs.

Scandal-Ridden Company Basically Didn't Pay Income Tax On Billions In Profits

Posted 07.03.2012 | Business

One scandal-ridden company has managed to essentially avoid paying U.S. income taxes for more than two decades. Since its founding 23 years ago, C...

Why Apple, Google And BofA All Have The Same Address

Posted 07.02.2012 | Business

Apple, Bank of America, Google and JPMorgan Chase all have the same legal address -- and it’s not a flashy building on Wall Street or a slick one in...

Are You Ready for Taxmaggedon?

Martin Sullivan | Posted 07.24.2012 | Politics
Martin Sullivan

A combination of spending cuts and tax increases could bring the economy to its knees at the end of 2012.

CME Group's Biggest Victim: What the Merc's Tax Breaks Are Doing to the State Budget, and Why It Matters

Elizabeth Parisian | Posted 07.16.2012 | Chicago
Elizabeth Parisian

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.

In Corpore Sano?

Evan Soltas | Posted 07.15.2012 | Business
Evan Soltas

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.

When the 1 Percent Fails to Contribute Its Fair Share, Veterans Pay Dearly

Jon Soltz | Posted 07.14.2012 | Politics
Jon Soltz

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.

Corporate Tax Rate and a Busy Lame Duck Session

Ted Kaufman | Posted 07.07.2012 | Politics
Ted Kaufman

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.

Apple Sidesteps Taxes -- What's Wrong With That?

Christopher Bergin | Posted 07.01.2012 | Technology
Christopher Bergin

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.

Apple's Attack on the Knowledge Economy

Christopher Newfield | Posted 06.30.2012 | Business
Christopher Newfield

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.