It's been more than a half-century since the U.S. undertook a bottom-up review of our international tax laws. In fact, they haven't been updated since 1963, when the U.S. accounted for 50 percent of the global economy and did not have any serious competition from other nations.
LIFT stands for "Let's Invest for Tomorrow," but as Citizens For Tax Justice (CTJ) points out, it really ought to be called LIE, for "Let's Invest Elsewhere."
We're witnessing the endgame of capitalism, where a few wealthy individuals and corporations have accumulated most of the wealth while the rest of us are left to fight for the scraps.
After spending months opposing tax increases for the wealthiest Americans, the Business Roundtable, an influential corporate lobbying group, this week...
Joe Biden made a lot of claims about Mitt Romney and the Republican presidential nominee's policies during his fiery speech at the Democratic National...
Apple is a business and, as such, it seeks to maximize profits for its shareholders, not improve the living standards of average Americans. Unfortunately, policymakers tend to forget that basic reality when they are debating tax policy.