by Isaiah J. Poole | Dec 16, 2014 | Jobs and Growth, Tax Reform
One might expect that Ayn Rand devotee Eddie Lampert, the CEO presiding over the disintegration of the once-great Sears and Kmart retail stores, would be a zealot when it comes to wriggling out of paying taxes to the governments that serve and protect his properties....
by Isaiah J. Poole | Dec 1, 2014 | Tax Reform
There is a very specific reason why red-state voters should be rallying behind President Obama's veto threat last week against legislation that would make permanent a host of business tax breaks but would not do the same for tax breaks for workers. It turns out,...
by Dave Johnson | Nov 26, 2014 | Blog, Economy, Tax Reform
The election is over. Congress is back in Washington. The first order of business after the election is to give big tax breaks to the corporations – $450 billion worth. Fortunately, President Obama is trying to do something about this. Tax Extenders Every year...
by Sam Pizzigati | Nov 24, 2014 | Blog, Economy, Tax Reform
Average Americans have a choice at tax time. They can pay their taxes or risk going to jail for tax evasion. America’s corporate CEOs have a different set of tax-time choices. These CEOs can have the corporations they run pay Uncle Sam or they can have their...
by Isaiah J. Poole | Nov 20, 2014 | Economy, Tax Reform
Walmart avoids paying on average $1 billion a year in federal taxes through aggressively exploiting tax loopholes – and it has an army of lobbyists working on cutting its tax bill by at least another $720 million, according to a report released today by Americans for...
by Dave Johnson | Nov 19, 2014 | Blog, Progressive Vision, Tax Reform
U.S. multinational corporations are hoarding an estimated $2 trillion "offshore" to take advantage of a loophole in our tax laws. At our 35 percent top federal corporate tax rate, that represents up to $700 billion in taxes owed but "deferred" because they are...
