Congressional leaders are using a discredited economic theory to help push through a costly package of tax cuts that mostly benefit large corporations. Last week, … How to Make $700 Billion in Corporate Tax Breaks Appear to Cost Only $87 BillionRead more
Tax
Posted inEconomics / Tax / ToMl
Dozens of Companies Admit Using Tax Havens
http://ctj.org/28pre2015.jpg It’s been well documented that major U.S. multinational corporations are stockpiling profits offshore to avoid U.S. taxes. Congressional hearings over the past few years … Dozens of Companies Admit Using Tax HavensRead more
Posted inEconomics / Tax / ToMl
Super-Rich Hiding $21 Trillion In Offshore Tax Havens
Mitt Romney isn’t alone. The world’s wealthiest citizens have socked away a mind-blowing amount of money in offshore tax havens: Likely around $21 trillion, but … Super-Rich Hiding $21 Trillion In Offshore Tax HavensRead more
Posted inEconomics / Inequality / Tax / ToMl / USA Empire
100 CEOs Have the Retirement Savings of 116 Million Americans
President Barack Obama has called runaway income inequality the “defining issue of our time.” The disparity between exploding corporate profits and stagnating paychecks fueled Bernie … 100 CEOs Have the Retirement Savings of 116 Million AmericansRead more