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
  • 29

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
  • 65

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
  • 19

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
  • 35

House Republicans Cue Up Another Tax Giveaway. Just Say No.

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.
Isaiah J. Poole
  • 51

Stop Tax Day Giveaways

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!

Beware Anything Called Corporate Tax “Reform”

You should pay attention because there is big money involved — really, really big money that could be used for roads, courts, schools, health care and all the other things government does to make our economy and our lives better.