by Bill Scher | Aug 20, 2014 | Uncategorized
Same Old Paul Ryan Ryan's "The Way Forward" doesn't point the way forward. MSNBC.com: "Ryan doesn’t lay out any major proposals to empower impoverished communities or ease racial tensions. Instead he boasts that he hired a staffer to reach out to Hispanics in his...
by Bill Scher | Aug 19, 2014 | Uncategorized
Corporations Not Hurting From Tax Code Corporate tax code hampers global competitiveness? Opposite is true. NYT: "...Professor [Edward] Kleinbard contends that most United States multinational companies don’t pay anywhere near 35 percent. Companies paid, on average,...
by Bill Scher | Aug 18, 2014 | Uncategorized
Inversions May Define Midterms "White House betting ’14 midterm elections on economic patriotism" reports The Hill: "Democrats see the tax issue as a political winner that allows President Obama to side with middle class taxpayers and against corporate executives who...
by Bill Scher | Aug 15, 2014 | Uncategorized
Bipartisan Effort To Tackle Inversions Sen. Chuck Schumer's inversion plan attacks "earnings stripping." Bloomberg: "[Schumer] wants to curb a practice known as 'earnings stripping,' in which companies that engage in inversions load their U.S. operations with debt and...
by Bill Scher | Aug 14, 2014 | Uncategorized
Senate Dems Aim For Inversion Vote Senate Dems draft inversion plan. WSJ: "The proposal, detailed by Sen. Chuck Schumer (D., N.Y.), would restrict the practice of earnings stripping, where U.S. companies borrow money from overseas parents and deduct the interest...
