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Tax Reform

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...

Why You Shouldn't Be 'Optimistic' About Corporate 'Tax Reform'

Dave Johnson | Posted 10.03.2014 | Business
Dave Johnson

"Reform" is lobbyist-speak for opening up the floodgates, hanging the flags out, lighting the savings accounts on fire, letting dozens of blackbirds fly out of the pie, letting the horses out of the barn and generally fleecing the citizenry.

Rubio and Lee Are Right on Pro-Family, Pro-Growth Tax Reform

John Murray | Posted 09.26.2014 | Politics
John Murray

Not only can conservatives offer reforms that are both pro-growth and pro-family -- we absolutely must do so in order to earn the trust and support of millions of Americans who are working hard to raise families and make a middle-class living.

Recent Inversion Wave Brings on Slew of Outrage -- What's Next?

Jaimie Woo | Posted 09.22.2014 | Politics
Jaimie Woo

By buying out a foreign company and using it as a tax haven, companies that "invert" don't move abroad in any real sense, and continue to benefit from America's infrastructure, education system, security and large consumer market.

Reforming Our International Tax System Is at the Heart of American Economic Competitiveness

Claire Buchan Parker | Posted 09.04.2014 | Business
Claire Buchan Parker

The fact that U.S. multinationals have not given up and are actively dealing with this tax challenge does not mean that the status quo fossilized in our outdated tax code shouldn't be addressed and in an urgent manner no less.

John Boehner And Top Republican Profit From Corporate Inversions

The Huffington Post | Sam Levine | Posted 08.27.2014 | Politics

House Speaker John Boehner (R-Ohio) and House Ways and Means Committee Chairman Dave Camp (R-Mich.) personally profited from a corporate tax loophole ...

Yellen + Jackson Hole = More Growth

Harlan Green | Posted 08.25.2014 | Business
Harlan Green

The evidence is mounting, if not already there, that some higher taxation -- including a streamlining of the various tax codes that eliminates the perks -- is needed to spur continued growth. But when will the politicians finally wake up to that fact?

Curbing Corporate Inversions Through Public Pressure for Economic Patriotism

Anne Tucker | Posted 10.20.2014 | Business
Anne Tucker

Public pressure for economic patriotism and corporate stewardship must be a part of any permanent solution. It will mitigate market-based profit maximization pressures. Brand identity and consumer loyalty are not subject to the kind of loopholes that riddle the tax code or the partisan gridlock in Washington, D.C.

Obama Seeks Executive Ways To Limit Tax Inversions

AP | By JOSH LEDERMAN | Posted 10.05.2014 | Politics

WASHINGTON (AP) — Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent America...

Obama: Offshore 'Tax Inversions' Are Unpatriotic

AP | Posted 07.26.2014 | Politics

WASHINGTON (AP) — President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic. ...

Is What I Saw in Detroit America's Future?

Scott Paul | Posted 09.24.2014 | Business
Scott Paul

In Detroit, it's come down to matters of basic survival: keeping the water turned on, providing basic public services, determining which blocks to raze and which to save. These are decisions no one should have to make.

Walgreens and Inversion, Where the Tea Party and Liberals Unite

Don McNay | Posted 09.15.2014 | Business
Don McNay

The ideal way to implement change is to wait for Congress to change the laws. The most efficient way for an American citizen to make their anger felt is by boycotting Walgreens.

Inverted 'Patriotism'

Lisa Gilbert | Posted 09.06.2014 | Politics
Lisa Gilbert

Inversions occur when U.S. companies buy out usually smaller, foreign corporations and reincorporate in another country to avoid U.S. corporate taxes. For example, Walgreens, the uber-American drugstore with deep roots in Illinois, has begun the process of merging with a Swiss company.

Michael McAuliff

GOP Passes Deficit-Hiking Tax Cuts, Accuses Dems Of Irresponsibility

HuffingtonPost.com | Michael McAuliff | Posted 06.12.2014 | Politics

WASHINGTON -- The word “certainty” trumped the word “deficit” Thursday as the House of Representatives passed the next two tax breaks in a ser...

Michael McAuliff

House GOP Backs Tax Breaks That Add $300 Billion To Deficit

HuffingtonPost.com | Michael McAuliff | Posted 05.30.2014 | Politics

WASHINGTON -- The House Ways and Means Committee pushed ahead a set of tax breaks Thursday that would add another $304 billion to the deficit over 10 ...

Will You Support Your Favorite Small Business?

Katie Vlietstra | Posted 07.13.2014 | Small Business
Katie Vlietstra

The bottom-line: America's small business community continues to play on an unfair and unequal field when contrasted with their corporate counterparts.

Tax is All About Trust

OECD | Posted 06.28.2014 | Business
OECD

By Pascal Saint-Amans Following the financial crisis in 2008, millions of citizens faced hardship as they set about repairing the damage done to th...

A Misguided Approach to Tax Extenders

Chuck Marr | Posted 06.28.2014 | Politics
Chuck Marr

The House Ways and Means Committee is expected to begin considering a proposal tomorrow to make permanent a group of heavily lobbied corporate "tax ex...

Michael McAuliff

Elizabeth Warren Dodges On Wealth Tax

HuffingtonPost.com | Michael McAuliff | Posted 04.28.2014 | Politics

WASHINGTON -- Elizabeth Warren isn't all the way on the Piketty line. The Democratic Massachusetts senator has nothing but good things to say about...

Washington Continues to Ignore Tax Reform at Our Economy's Peril

Claire Buchan Parker | Posted 06.25.2014 | Politics
Claire Buchan Parker

As much as political leaders talk about ensuring greater opportunity for American workers, they continue to overlook the importance of overhauling our tax code, and specifically our international tax laws, in order to strengthen America's economic competitiveness.

America by the Numbers: Part II

Dave Pruett | Posted 06.22.2014 | Religion
Dave Pruett

Appalled both by the concentrations of wealth enjoyed by the French aristocracy and by their callous exploitation of the poor, Thomas Jefferson proposed an antidote for the fledgling United States: a progressive tax code.

Encouraging Self-Employment Should Be a Focal Point of the New Small Business Administrator

Katie Vlietstra | Posted 06.18.2014 | Small Business
Katie Vlietstra

Our nation's smallest businesses -- the self-employed and micro-businesses -- represent the heart and soul of America's middle class. Yet, America's small businesses face critical challenges that prevent them from opening, growing and expanding.

Tax Fairness: What Do People Think About It?

Jared Bernstein | Posted 06.15.2014 | Politics
Jared Bernstein

Nothing too surprising -- those who pay more in federal taxes think they're too high; almost nobody thinks their tax bill is too low. But departing from the data a bit, there are two factors that I suspect have an impact on our general perceptions of tax fairness.

U.S. Corporations Have Over $2 Trillion Stashed Overseas

Reuters | Posted 06.08.2014 | Business

* U.S. Senate Finance Committee Chairman Wyden calls for reform * Total of profits stashed abroad up 93 percent 2008-2013 ...

Why We Are Losing the Tax Reform Debate

Martin Lobel | Posted 04.01.2014 | Politics
Martin Lobel

Reform does not mean raising taxes on the rich. It means cutting tax subsidies to the rich to slow the dramatic shift of wealth from the middle class to the very rich.