Tax Loophole

Tobacco Companies Using Loophole To Avoid Hundreds Of Millions In Taxes

AP | MATT APUZZO | Posted 11.17.2009 | Business


WASHINGTON — When President Barack Obama signed a law expanding children's health insurance this spring, he slapped tobacco companies with huge ...

U.S. PIRG Catches Tax Haven Loophole In Appropriations Bill

The Huffington Post | Arthur Delaney | Posted 10.06.2009 | Business


The U.S. Public Interest Research Group sent a letter Tuesday to members of a Senate appropriations subcommittee calling out a corporate tax haven loo...

Thomas B. Edsall

Obama Seeks To Kill Hedge Fund Tax Break

HuffingtonPost.com | Thomas B. Edsall | Posted 03.28.2009 | Politics


If there is one tax loophole that looks dead in the water, it's the law that lets hedge fund and private equity managers pay a 15-percent capital-gain...

Bailed-Out Firms Use Offshore Tax Havens

AP | KEN THOMAS | Posted 02.16.2009 | Business


WASHINGTON — Eighty-three of the nation's 100 largest corporations, including Citigroup, Bank of America and News Corp., had subsidiaries in offshor...

Executive Pay and "The Market Economy"

Robert Weissman | Posted 10.12.2008 | Business


Robert Weissman

It's pretty hard these days to justify astronomical executive pay. In 2007, the average CEO's pay of $10.5 million was 344 times higher on average than the average worker's wage.