Untying the Knot
Budget rhetoric in Washington is askew. Instead of discussing taxes we ought to be discussing the merit of programs and how to pay for them. But programs are never debated.
Budget rhetoric in Washington is askew. Instead of discussing taxes we ought to be discussing the merit of programs and how to pay for them. But programs are never debated.
The Huffington Post | Khadeeja Safdar | Posted 04.05.2012
It's not that Americans just don't like paying taxes. They also really don't approve of the U.S. system as a whole, according to a recent survey. ...
Reuters | Posted 05.30.2012
* Japan's corporate tax rate dropping to 38.01 pct on Sunday * Combined U.S. 39.2 pct rate will be developed world's highest ...
Martin Sullivan | Posted 05.29.2012
Higher corporate taxes do not reduce corporate capital formation. They shift it abroad. The result is domestic job losses and lower domestic wages.
Kristie Arslan | Posted 05.08.2012
If we're going to talk about tax reform, we need to be talking about reform across the board, not just for those who seem to command the most attention and action from Congress and the White House.
HuffingtonPost.com | Zach Carter | Posted 03.08.2012
WASHINGTON -- A powerful coalition of corporate executives on Wednesday praised a deficit reduction plan that has long been maligned by GOP leaders fo...
The Huffington Post | Bonnie Kavoussi | Posted 03.05.2012
Nobody likes tax time. But for many companies, that annual burden is getting a lot lighter. Corporations are enjoying not only record profits, but ...
Richard (RJ) Eskow | Posted 04.28.2012
GE has probably avoided paying its fair share of taxes in a "legal" way -- if the word "legal" can be used to describe a system where corporations pay for the privilege of influencing politicians to bend the law in their favor.
The Huffington Post | Bonnie Kavoussi | Posted 02.27.2012
Corporations, like the rich, aren't paying their fair share in taxes, billionaire investor Warren Buffett told CNBC on Monday. Even while enjoying...
Robert L. Borosage | Posted 04.24.2012
We have a debate between the right -- Republicans like Mitt Romney who would cut corporate taxes and ask them to pay less -- and a business-friendly, centrist president who won't call on corporations to pay more. "Fair share?" -- not so much.
Robert Reich | Posted 04.23.2012
Why isn't the White House just proposing to close the loopholes without reducing overall corporate tax rates? That would generate more tax revenue that could be used for, say, public schools.
Jared Bernstein | Posted 04.23.2012
Pretty much every discussion of tax reform these days ends with an agreement that we need to broaden the base and lower the rates. Well, the White House today will release the broad outlines of a plan to do just that on the corporate side of the federal tax code.
Reuters | Posted 04.22.2012
WASHINGTON, Feb 21 (Reuters) - The U.S. Treasury Department will roll out President Barack Obama's corporate tax reform plan on Wednesday, administr...
Robert Pozen | Posted 04.21.2012
If properly designed, the president's minimum tax could substantially improve the current system of taxing foreign profits of U.S. multinational corporations -- by both raising revenues and encouraging domestic investments.
The Huffington Post | Bonnie Kavoussi | Posted 02.14.2012
If you're feeling upset while filing your taxes this year, knowing that super-rich Americans like Mitt Romney could be paying a lower tax rate, Treasu...
The Huffington Post | Alexander Eichler | Posted 02.03.2012
As a percentage of ever-growing profits, corporations are paying less in taxes than they have in decades. Thanks in part to federal tax breaks, cor...
Sen. Fritz Hollings | Posted 04.02.2012
If the president would campaign on competing in globalization he not only could save his reelection, he could save the country.
HuffingtonPost.com | Jillian Berman | Posted 01.25.2012
The only problem with Mitt Romney's fact check of President Barack Obama after his State of the Union address was that the Republican presidential can...
Reuters | Posted 03.15.2012
(Repeating for wider distribution.) NEW YORK, Jan 13 (David Cay Johnston, Reuters) - Big business is lobbying for a major cut in the corpora...
The Huffington Post | Jillian Berman | Posted 12.05.2011
It's no secret that many multinationals have become particularly adept at exploiting tax loopholes. Nor is it a surprising that the U.S. federal defic...
Posted 08.01.2011
WASHINGTON (Kevin Drawbaugh) - Twelve big U.S. companies paid far less than the statutory corporate tax rate from 2008 to 2010, despite making sub...
David Callahan | Posted 07.23.2011
A seemingly immutable law of today's politics is that Republicans in Congress have shifted so far right that they oppose all revenue increases -- no matter how urgent America's fiscal needs may be. But perhaps this is no longer the case.
Tax.com | David Cay Johnston | Posted 06.11.2011
Just as the individual income tax falls more heavily on the affluent than the super-rich, so too does the corporate income tax. The giants of American...
HuffingtonPost.com | Zach Carter | Posted 06.06.2011
WASHINGTON -- As Congress grinds closer to shutting down the federal government and the White House floats proposals to cut social services for workin...
Posted 06.05.2011
WASHINGTON - The Obama administration is working on a comprehensive proposal for corporate tax reform, U.S. Treasury Secretary Timothy Geithner sa...
Sen. Fritz Hollings | Posted 04.09.2012