Ingersoll-Rand, which changed its corporate address to Bermuda to avoid American corporate taxes, is one of at least a dozen such companies that together get more than $1 billion in federal contract dollars annually.
Fast food CEO Andy Puzder says that raising the minimum wage will harm workers and kill job growth. A new study of the 13 states that have tried it says otherwise.
Fortune lists companies that "sure seem American—except when it comes to paying taxes" and publishes a denunciation of an "exceptionalism" that enables companies to avoid taxes but benefit from being American.
Just as the White House was registering its opposition to a corporate tax holiday for companies that are sheltering profits overseas, a House Democrat was selling the proposal in a campaign ad.
Medtronic is as American a company as they come. But if Medtronic’s management has its way, the company will soon become Irish. Why? Because everybody evades their taxes nowadays.
Corporations currently owe up to $700 billion in unpaid, “deferred” taxes. Congress can make them pay, or let them off the hook. Guess which choice Congress is about to make.
Low-income families weren’t the only ones hurt by cuts to food stamps last fall. Top Walmart executives also took a hit. But Walmart’s board rejiggered bonus criteria so executives could reap “performance” payouts, at taxpayer's expense.
For all the gains we have been making, the treatment of low-paid workers by some of the most profitable corporations in the world ranks high in the more significant causes of the growing inequalities in the U.S.
Another leak of another secretly negotiated treaty reveals another assault on our ability to make our own laws and another boost for the largest (and dirtiest) corporations.
The country needs jobs. The country needs to fix its crumbling infrastructure. The country doesn't need more corporate tax breaks. Guess which of these three the House is passing – unfortunately with help from many Democrats.
"Trying to go dollar for dollar with these Republicans is a losing strategy," says the co-chairman of the Congressional Progressive Caucus. "Get out in the street and talk to the people."
"Establishment" Republican Tom Tillis believes that the minimum wage is a "dangerous idea" and should be abolished. But as a candidate for the U.S. Senate in a state that supports the minimum wage, he's dodging the issue.
Multinational companies owe us up to $700 billion in taxes. They say they’ll pay some of that tax money if we let them off from paying it all. For some reason just telling them to pay their taxes isn't on the table.
From the perspective of the federal government, tax breaks are no different from any other kind of federal spending. And in 2013, the federal government spent an astounding $1.18 trillion on tax breaks.
The House is about to get it all wrong in today's vote for a research and experimentation tax credit bill. Here's why the Campaign for America's Future has joined Americans for Tax Fairness in calling for a "no" vote.
The enormous, humongous trade deficit is doing incredible damage to our economy. Our country’s elites used to care about that.
What would otherwise be a virtuous economic cycle has been broken by wrong-headed economic austerity. The filibuster of a minimum wage bill Wednesday in the Senate is the latest example.
It is not entirely fair for President Obama to dismiss critics of the Trans-Pacific Partnership for having a "lack of knowledge" of what is being negotiated, as he did at a recent news conference.
Religious leaders "driven by Scripture’s repeated admonitions against exploiting and oppressing workers" remind us that the Senate vote on the minimum wage is not just a key vote politically.
Today is no time to be silent. Call the Senate at 202-517-2321. Even if our phone calls don't produce a breakthrough today, we know it is possible wear enough Republicans down.
A huge trade treaty is coming that will change the relationship between giant corporations and governments around the world. Why is the American corporate media telling the public so little about it?
The march to the Capitol was organized by National People’s Action, the Restaurant Opportunities Centers United and the National Domestic Workers Alliance. It capped a week of "pro-equality populism"
The CEOs of America's 20 largest restaurant chains must be providing diners some mighty fine service. Their 'performance' is costing Uncle Sam nearly a quarter-billion dollars a year.
This week, they don’t come any nuttier than Nevada rancher Cliven Bundy, and the right-wing pundits and politicians who rushed to defend his range war against the federal government. Revolution was almost nigh, until Budy shot off his mouth.
Research concludes that if you're making less than $87,000 per year (the current 90th percentile wage), the Trans-Pacific Partnership would mean a pay cut. But that's fine for corporations who want this treaty.
Obamacare didn’t come with ”death panels," like conservatives claimed it would. So, Republican governors and state legislatures formed their own. Until the death of Charlene Dill, the victims of those death panels were invisible.
The New York Times gets it right: It's time to "improve the ground rules of global trade." In the face of overwhelming evidence of the damage done by NAFTA-style trade deals, could the tide of elite opinion be changing?
What do you call it when an anti-Semite and white supremacist goes on a shooting spree at not one, but two Jewish facilities, killing three people? If you’re the U.S. media you call it anything, but terrorism.
It's Tax Day! And right now Congress is working on Tax Day giveaways for the big corporations. When corporations avoid paying their fair share of taxes, the rest of us end up picking up the tab. So Happy Tax Day!
At the end of 2013 a pack of corporate tax breaks that long ago should have been weeded out of the tax code finally expired. Today is a good day to tell Congress to stop trying to revive these tax zombies.
Millions of Americans file their federal income tax returns on April 15 each year with no idea what the government actually does with all that money. Here's the surprising truth behind where your federal income tax dollars go.
More than a decade after Leno and Letterman slugged it out to succeed Carson, and four years after Leno and O'Brien feuded, the late night TV wars are back. This time right-wingers are bringing the hostility and hilarity.
Three business owners say they know first-hand that raising federal the minimum wage to $10.10 an hour would be a win for business as well as a win for workers.
This was a make or break week for Obamacare, with the enrollment deadline looming and a major goal hanging in the balance. Obamacare made good on the goal of 7 million sign-ups, and broke right-wingers tenuous grip with reality.
A Senate report looks into how the world's largest maker of construction and mining equipment avoided $2.4 billion in taxes. Those taxes could pay teachers, fix bridges and feed hungry people.
This week, they didn’t come any nuttier than Americans For Prosperity’s Jennifer Stefano, who clashed with MSNBC’s Chris Hayes. There was enough good news for Obamacare to drive right-wingers around the bend. Stephano didn't hold back.
The majority of those utilizing the home mortgage deduction are wealthy, well-fed and in no need to government assistance, There's a different way to help homeowners without subsidizing those who don't need it.
Two reports highlight the damage done by hewing to a central conservative tenet, that “cutting corporate taxes will stimulate job creation and grow the economy.”
Business leaders who call themselves Smart Capitalists were on Capitol Hill to lobby for legislation that would increase the minimum wage. For one of them, Leo Hindery, this is about ethics as well as economics.