U.S. multinationals, or at least some of them, aren't paying that much tax. Their marginal tax rates are falling, and lawmakers and the public are starting to notice.
If countries are allowed to act as tax havens against a financial speculation tax or any other measure it is because the administration in Washington is content to let them act as tax havens. When it actually wants something to happen, the Obama administration, like its predecessors, is prepared to do a full Snowden.
From fighting for working families to ensuring that Americans have access to equal rights, Democrats are on the right side of voters and the right side of history, and we are in a solid position moving into the elections later this year, in 2014, and for elections to come.
Today, as the rich get richer and the poor get poorer, it seems we are approach a new Middle Ages in America, as inequality increasingly spreads through the land.
North Carolina is indeed taking a huge step with its plan. But it's a step backward -- and New Jersey, with the nation's sixth highest unemployment rate and third lowest credit rating, can't afford to go in that fiscally reckless direction.
Since you'll likely be sleeping a lot less, you may have time to organize the things you need for tax time between feedings, naps and diaper duty. Let's look at some of the changes a new dependent brings to your individual income tax return.
The 1970 Illinois constitution states that Illinois' state income tax must be applied with one rate paid by all taxpayers. Illinois is one of nine st...
If you claim that you drove 50 miles to the doctor, or spent $2,000 on a new computer for your business, you need to be ready to prove it. So keep good records. So let's look at what you should be keeping track of and how.
The current complicated tax code benefits only the wealthy and creates an unfair advantage that penalizes the middle class. The IRS currently gives th...
For the last several years, the state of the economy has been a topic of discussion. For the unemployed, the economy has been an area of pain.
The foreclosure mess due to the economic downturn has left many homeowners facing devastating taxes, even after they sell a house in a foreclosure or short sale or one that is underwater, so they earn little, nothing, or sell the home at a loss.
It is widely recognized that economists are not very good at economics. That is why we are looking at a decade of economic stagnation with tens of millions of people being unemployed or underemployed in Europe and the United States.
The Koch brothers -- whose companies are among America's 20 worst air-polluters -- have long been intent on blocking a carbon tax or a cap-and-trade system. And they, too, have been donating generously to Republicans to do their bidding.
Say I am a CEO of a company somewhere "back East," as they say down in Texas, and I saw Governor Rick Perry's ads praising the benefits of moving my employees and my company to unregulated, low tax Texas. Well, I would have to consider a thing or two, one being, would the majority of my employees actually want to move?
Civil society organizations should exert pressure on the G8 -- as well as the other G20 countries -- to take more concrete steps to address financial corruption, which is robbing both developing and developed countries of essential tax income.
If the average taxpayer invested $25 a year in global health through his or her taxes, that would support HIV/AIDS treatment for one person for nearly a month, or malaria treatment for 46 people, or combination vaccines for about four children.