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Repatriation

The Fantasy That Tax Repatriation Can Pay for Highways (or Anything Else...)

Jared Bernstein | Posted 06.11.2014 | Politics
Jared Bernstein

Like a bad penny, this tax repatriation idea just keeps coming back. You know, the one where you offer a bribe to multinational corporations in the form of a big tax cut to "repatriate" their foreign earnings.

The Only Solution for the Budget Committee: How to Muddle Through to 2015

Paul Abrams | Posted 12.22.2013 | Politics
Paul Abrams

Republicans serve ideological masters, Democrats serve constituencies. None of the Democrats' constituencies fare well under Republican ideology, and nothing that serves Democrats' constituencies satisfies Republican ideology. Unstoppable force, meet immovable object.

GOP Financial Terrorism Must End, Shutdown Must End, Social Security and Medicare Must NOT Be Cut

Brent Budowsky | Posted 12.10.2013 | Politics
Brent Budowsky

The latest offer from those I have called Banana Republicans would keep the government shut down and threaten again to default the nation and crash wo...

Corporate Loopholes

Jim Worth | Posted 10.20.2013 | Business
Jim Worth

There is an assault on corporate taxes in two areas and on two levels and the losers will ultimately be the American people -- American taxpayers.

Questions About Pfizer's Taxes

Martin Sullivan | Posted 08.24.2013 | Business
Martin Sullivan

In 2012 Pfizer reported its worldwide effective tax rate was 21.2 percent. That is considerably lower than the U.S. statutory rate of 35 percent, but it is far above the single digit rate you might expect if Pfizer shifted most of its profits into tax havens.

Reward Investors in Banks That Break Up

Brent Budowsky | Posted 05.07.2013 | Business
Brent Budowsky

I agree with George Will about as often as the Boston Red Sox agree with the New York Yankees, but as the law of broken clocks suggests, we must both be right at least twice a day.

The Only Way to Avoid the Sequester That Can Pass Congress: The Abrams Plan

Paul Abrams | Posted 05.02.2013 | Politics
Paul Abrams

Now that the sequester is upon us, perhaps we have everyone's attention. To save Bob Woodward a year of investigative reporting, I admit upfront that this is my proposal by indelibly putting my name on it. If Gene Sperling says otherwise, he will come to regret it.

Vietnam War POWs Come Home -- 40th Anniversary

Dorian de Wind | Posted 04.29.2013 | Impact
Dorian de Wind

I will never forget the courage and stoicism of those men, the joy and tears of those who could not run to them fast enough, the emotions of that morning and the tears of all of us.

A Veterans Day Tribute to Those Who Are Still Coming Home - from Vietnam, Korea, WWII and WWI

Megan Smolenyak | Posted 01.09.2013 | Impact
Megan Smolenyak

Though many don't realize it, "no man left behind" is much more than an expression. The U.S. military genuinely does all it can to recover soldiers from all conflicts, and for more than a decade, I've had the privilege of contributing to cases pertaining to WWI, WWII, Korea and Southeast Asia.

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.

Report: Romney's Tax Plan Would Cost 800,000 Jobs

The Huffington Post | James Sunshine | Posted 07.17.2012 | Business

Mitt Romney's plan not to force companies to pay taxes on profits they bring back from overseas will eliminate jobs, according to a new report by the ...

A Bipartisan Solution to Jobs

Paul Abrams | Posted 09.08.2012 | Politics
Paul Abrams

I do not enjoy being forced to do something at gunpoint because a group of crazies stand in the way of better policies. But, I also do not think that my pique ought to prevent 3M people from getting jobs. Here, then, is the modest bipartisan compromise, entirely focused on jobs.

A Salute to 'Old School' Fatherhood

Ed Hooper | Posted 08.15.2012 | Parents
Ed Hooper

Mr. Mazarriello reached beyond the stereotypical portrayals of American fatherhood and seized an opportunity for his sons to teach themselves about something more important than sports or toys.

Bringing the Money Back Home

Jim Worth | Posted 05.30.2012 | Business
Jim Worth

The Hagan/McCain legislation falls short of its potential and should be rejected and replaced by a fairer, more equitable bill that truly begins to rebalance this country.

Obama's Proposed Minimum Tax on Foreign Earnings

Robert Pozen | Posted 04.21.2012 | Politics
Robert Pozen

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.

Saddam's Dishes Seized From U.S. Art Organization

Posted 12.15.2011 | Arts

The art world has seen a surge in cultural patrimony cases in recent months as countries work to build bridges by returning significant works to their...

Multinationals Holding Nearly Half Of Untaxed Profits In The U.S.

Posted 12.15.2011 | Business

Multinational corporations likely have the means to invest the offshore profits in the U.S. without a tax holiday that they're billing as a job creato...

Deregulation Won't Lead To Job Growth: Congressional Budget Office

The Huffington Post | Alexander Eichler | Posted 11.17.2011 | Business

The country needs jobs, but cutting back on government regulations may not the best way to get them. Deregulation -- a favorite talking point of c...

Corporate Tax Holiday For Overseas Profits May Hurt Exports

Posted 12.31.2011 | Business

Any economic benefit that might result from a U.S. tax holiday for overseas corporate profits could be muted, or even reversed, if it strengthened...

Spending Big On Lobbying May Help Net Bigger Profits

The Huffington Post | Alexander Eichler | Posted 12.17.2011 | Business

You need to spend money to make money, as the saying goes. It's an idea lobbyists might find particularly resonant: Companies that spend money on appe...

Call the Republicans' Bluff on Jobs

Paul Abrams | Posted 11.07.2011 | Politics
Paul Abrams

There was virtually no job creation from the last profit repatriation and fewer jobs created under the Bush Administration's tax cuts for the wealthy and laissez faire regulatory policies than over any comparable post-World War II period.

JPMorgan Report: Tax Holiday Would Pack 'Bigger Punch' Than Fed Policies

The Huffington Post | Alexander Eichler | Posted 08.30.2011 | Business

This post has been corrected. Thomas Lee, chief equity strategist at JPMorgan, would really, really like a tax repatriation holiday. Lee release...

Tax Repatriation: You Can't Turn This Into a Good Idea

Jared Bernstein | Posted 08.23.2011 | Business
Jared Bernstein

The proposed tax repatriation holiday wants us to let multinational corporations who've been "deferring" taxes they owe to the Treasury get a time-limited break to bring them back at a much reduced rate. How could this ever be a good idea?

Zach Carter

Small Businesses Bash 'Tax Holiday' Plan For Corporate Titans

HuffingtonPost.com | Zach Carter | Posted 08.22.2011 | Business

WASHINGTON -- Debra Ruh runs TecAccess, a small business that works with large companies and the federal government to help make their tech products a...

The Big Fake on Repatriation

Nicole Tichon | Posted 08.17.2011 | Politics
Nicole Tichon

If you paid a tax rate higher than 5.25 percent this year, you paid a greater percentage of your money in taxes than these large corporations would pay if this tax break is passed by Congress.