by Roger Hickey | Aug 6, 2014 | Blog, Tax Reform
Yesterday afternoon the Wall Street Journal’s MarketWatch reported the news: “Walgreen Stock Tumbles on Report It Won’t Invert.” Citing unnamed sources (and Sky News), the bulletin reported that Walgreens has decided not to “invert” the company’s nationality to become...
by Dave Johnson | Aug 5, 2014 | Blog, Tax Reform
Several American corporations are using a tax loophole scheme called "inversion" to get out of being American corporations obligated to pay American corporate tax rates. They buy or merge with a non-U.S. corporation (usually located in a tax haven), pretend they are a...
by Bill Scher | Aug 5, 2014 | Blog, Democracy
Two months ago, Sen. Rand Paul declared, "I say everywhere I go I am for immigration reform.". Everywhere, with the exception of the Barefoot Bar in Okoboji, Iowa, when caught between anti-immigrant bigot Rep. Steve King and two undocumented immigrants who came to...
by Richard Eskow | Aug 5, 2014 | Blog, Economy
Thomas Friedman recently filed an editorial from, and about, Madagascar. In a new piece for Salon, we point out the flaws in his thinking - flaws that mirror his shortsighted and trend-infatuated view of the domestic economy. Friedman is an ideal exemplar of...
by Sam Pizzigati | Aug 4, 2014 | Blog, Economy, Jobs and Growth
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the share of the nation’s income going to workers and underestimated the share going to America’s asset-rich....
by Bill Scher | Aug 4, 2014 | Blog, Democracy
Last month I listed the "16 House Republicans Who Could Lose For Blocking Immigration Reform" incorporating incumbents who are in districts that "professional congressional handicappers ... deem to be competitive races, and where according to Latino Decisions poll...
