Why Red-State Voters Should Cheer Obama’s Tax-Break Veto Threat

The major tax break that was about to be left off the "make permanent" list in the "tax extenders" bill President Obama threatened to veto last week – the Earned Income Tax Credit – disproportionately benefits rural families.
Isaiah J. Poole
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Uncle Sam Needs Some Better Nephews

The kingpins of Congress have spent years carving tax loopholes that help America’s CEOs fleece the federal treasury. Now these kingpins are pushing a corporate tax ‘reform’ that ignores the loopholes.

The Peasants Still Have Their Pitchforks

Americans want what 21st century politics has so far not delivered: real options for challenging concentrated wealth. That's one conclusion from new polling that gave Americans a choice of seven tax policy options.

Finally Revealed: Obamacare’s Hidden Gem

An obscure provision in the Affordable Care Act, a new report details, raises taxes on firms that overpay their top execs. The only problem: The provision so far only applies to corporations in one industry.

Looks Like Burger King’s Subjects Are Royally Pissed Off

Tolstoy wrote that "kings are the slaves of history." Unfortunately for Burger King, which intends to renounce its American status for tax purposes, neither history nor public opinion is on its side.
Richard Eskow
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Obamacare’s “Secret Trick” Could Cure CEO Pay Excesses

In one of its lesser-known provisions, the Affordable Care Act limited tax breaks health insurers could claim for executive compensation. While that may sound arcane, the implications could be profound and far-reaching.
Richard Eskow
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Astoundingly Legal Corporate Tax Thievery

If you get a speeding ticket, do you get to deduct the fine from the income tax you owe? Then why should JPMorgan Chase be able to deduct from its taxes a $20 billion fine for wrongdoing as a cost of doing business?
Jim Hightower
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Chiding CEOs at Walgreens and Other Corporate Defectors

How does it feel to be the CEO of a “defector corporation”? Do such executives face the opprobrium of society as they enjoy the fruits of this land that has given them so much? So far, apparently not. But that may be changing.
Richard Eskow
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Shiftless Corporations Renounce America

Corporations that “invert” park their assets, staff and sales in the U.S. But with their sham overseas addresses, they won’t pay taxes on foreign income to the country that protects them.
Leo Gerard
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Is Walgreens Trying To Leave The U.S.?

Walgreens receives a quarter of its revenue from health care programs funded by U.S. taxpayers, but is considering renouncing its U.S. "citizenship" to avoid paying taxes for the U.S. services it uses and customers it gets.

Companies That Evade Federal Taxes Still Get Federal Contracts

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.
Isaiah J. Poole
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