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Tax Breaks

Starbucks Vows To Clean Up Its Act

Reuters | Posted 04.16.2014 | Business

* Move follows widespread criticism over low tax contributions * The UK is a great place to do business, says Starbucks EMEA boss ...

Paying Your (Un)Fair Share on Tax Day

Martha Burk | Posted 04.13.2014 | Politics
Martha Burk

We keep hearing that if corporations have to pay more taxes, the economy will suffer, because they won't hire more workers. Well, if you hadn't noticed, for the last five years they've hardly been on a hiring spree.

Taxation Without Representation 2014

Courtney McKinney | Posted 04.09.2014 | Politics
Courtney McKinney

I know it does not bode well that at 24 I am this jaded about the political process. I have had enough of politicians not listening to me and the rest of us while they continue to act as they please.

Camp Roadmap to Paying for Extenders

Chuck Marr | Posted 03.05.2014 | Politics
Chuck Marr

House Ways and Means Chairman Dave Camp's tax reform plan hasn't generated a groundswell of support for comprehensive tax reform this year, but it off...

Analysis: Boeing Paid No Federal Income Tax Last Year

The Huffington Post | Jillian Berman | Posted 02.20.2014 | Business

One of the largest recipients of federal government contracts paid nothing in taxes last year, according to an analysis from the Center for Effective ...

Tax Dodging by Big Businesses Hurts Our Kids and Is Not Sustainable

James P. Hoffa | Posted 03.30.2014 | Business
James P. Hoffa

At a time when more elected officials are turning their attention to income inequality in this country, increasing corporate tax breaks is no way to address it. Workers and their families are struggling to make ends meet. Communities are broken.

Ten Examples of Welfare for the Rich and Corporations

Bill Quigley | Posted 03.16.2014 | Politics
Bill Quigley

Here are the top 10 examples of corporate welfare and welfare for the rich. There are actually thousands of tax breaks and subsidies for the rich and corporations provided by federal, state and local governments, but these 10 will give a taste.

Congress Must Avoid Partisanship To Tackle Key Issues In 2014

Reuters | Posted 03.07.2014 | Politics

WASHINGTON, Jan 5 (Reuters) - The U.S. Congress begins its legislative year on Monday with an emphasis on economic and fiscal affairs, including leg...

Congress Letting 55 Tax Breaks Expire At Year's End

AP | STEPHEN OHLEMACHER | Posted 12.31.2013 | Politics

WASHINGTON (AP) — In an almost annual ritual, Congress is letting a package of 55 popular tax breaks expire at the end of the year, creating uncerta...

Jillian Berman

The Biggest Tax Break In U.S. History May Not Be Enough For Boeing | Jillian Berman | Posted 11.18.2013 | Business

Earlier this week, the legislature in Washington state agreed to give Boeing $8.7 billion in tax breaks through 2040 in an attempt to convince the co...

Exposing the Big Money in Tax Breaks

Mattea Kramer | Posted 11.17.2013 | Politics
Mattea Kramer

The federal government devotes more than $1 trillion -- that's $1,130,000,000,000 -- to something that gets almost no oversight or debate. What's this trillion-dollar secret project? Tax breaks.

50 Years Of Secrecy, Courtesy of Max Baucus

Chris Weigant | Posted 07.31.2013 | Politics
Chris Weigant

Senator Max Baucus has decreed a minimum 50 years of secrecy for negotiations over revamping the federal tax code. It's not the information itself that must remain under lock and key, but which senator is supporting what massive corporate giveaway -- that's what has to remain secret.

Study Reveals Staggering Cost Of Tax Breaks For Wealthy

Reuters | Posted 07.29.2013 | Politics

* Top 20 pct of earners get half the benefit of top breaks * Tax breaks on capital gains favor the wealthy * Study favor...

Guess Who Benefits From Most Major Tax Breaks

AP | ANDREW TAYLOR | Posted 07.29.2013 | Politics

WASHINGTON -- Wealthier households benefit significantly more than lower earners from big tax breaks such as deductions for mortgage interest and char...

The Billion-Dollar Loophole Cook Forgot To Talk About

The Huffington Post | Jillian Berman | Posted 05.21.2013 | Business

When Apple CEO Tim Cook appeared before a panel of Senators Tuesday, much of the questioning centered around why so much of the company’s money sits...

Starbucks Asks Congress For More Tax Breaks

Reuters | Kim Dixon | Posted 04.24.2013 | Business

WASHINGTON (Reuters) - Coffee chain Starbucks Corp , which has faced criticism for its low tax rate in Britain, has sought new tax breaks in the Unite...

I'll Have What She's Having: How a So-called Retirement Expert Would Worsen Our Retirement

Jane White | Posted 06.24.2013 | Business
Jane White

If public pensions are run professionally why did the SEC vote in 2009 to curb "pay to play" practices among public sector pension managers?

WATCH: Eyewitness Recounts Boston Marathon Bombing

HuffPost Live | Posted 04.16.2013 | HuffPost Live 321

Two explosions rocked the Boston Marathon near the finish line, causing multiple casualties and sending the city into chaos. Another explosion occurre...

Last Minute Tax Tips For Married Couples

Richard Gartland | Posted 06.12.2013 | Weddings
Richard Gartland

Haven't filed your taxes yet? Check out these tips to ensure you and your spouse receive the maximum benefits on your returns, even in the last minute rush to pay good 'ol Uncle Sam.

Big Pharma Pockets $711 Billion in Profits by Robbing Seniors, Taxpayers

Ethan Rome | Posted 06.08.2013 | Politics
Ethan Rome

Here's an outrage that must be changed: Big Pharma has been systematically price-gouging the Medicare program for seniors and people with disabilities -- and raking in billions in excessive profits.

8 Ways Your Home Can Lighten Your Tax Bill

The Huffington Post | Shana Ecker | Posted 05.24.2013 | HuffPost Home

Our favorite: donate your clutter, get a deduction.

Tax Breaks For Oil Companies Could Cost Alaska Billions

The Huffington Post | Will Wrigley | Posted 03.14.2013 | Green

A bill currently under consideration in the Alaska Senate would dramatically cut taxes on oil companies, costing the state billions of dollars in reve...

Capital Gain, Social Loss

Edward Corcoran | Posted 05.10.2013 | Politics
Edward Corcoran

To the extent that this favorable tax treatment facilitates economic expansion, the overall economy is mis-structured. Moving more assets to the wealthy should certainly not be a prerequisite for job development and economic progress.

Grim Reapers: How Republicans Are Killing Small Business in America

Sanjay Sanghoee | Posted 05.01.2013 | Small Business
Sanjay Sanghoee

The Republican stance on the sequester and beyond is an abomination and needs to be repudiated. Otherwise we can kiss America's cherished small businesses goodbye, and with it, our economic future.

I Just Solved the Sequester!

Jared Bernstein | Posted 04.29.2013 | Politics
Jared Bernstein

What if I offered you -- them -- a solution that scratched both of those itches at once... a way to simultaneously both cut spending and raise revenues? That would be irresistible, right?