by Isaiah J. Poole | Nov 18, 2014 | Tax Reform
This week leaders in Congress are trying to decide what action to take on a set of "tax extenders" – a hodge-podge of tax breaks that range from the arguably meritorious to the patently absurd that could cost the government as much as $590 billion if Congress adopted...
by Sam Pizzigati | Nov 10, 2014 | Blog, Economy, Tax Reform
What can we expect Congress to do about America’s staggeringly top-heavy concentration of income and wealth over the next two years? Absolutely nothing. What do Americans want Congress to do about that concentration? A good bit. We know the first answer from the...
by Dave Johnson | Nov 7, 2014 | Blog, Economy, Tax Reform
Washington insiders are saying that one deal Republicans and President Obama think they can make is a deal to let corporations off the hook for taxes they owe if they "bring back" the money the multinational corporations have stashed outside of the country. The deal...
by Dave Johnson | Oct 31, 2014 | Blog, Tax Reform
Politicians often don't know about a problem – never mind fix it – unless people organize and make their feelings known. When you sign an online petition, send an email and especially donate to a cause, it can make a real difference. In the case of companies...
by Dave Johnson | Oct 1, 2014 | Blog, Economy, Tax Reform
Washington elites are "optimistic" about another "reform." That's never good. According to an article in The Hill this week, "WH adviser 'optimistic' for corporate tax reform": A top economic official in the White House on Tuesday expressed confidence that the next...
by Dave Johnson | Sep 24, 2014 | Blog, Tax Reform
What does it mean when the owners of big companies say they will move because our corporate tax rates are "too high" and not "competitive"? Just who are we "competing" with, and for what? Extortion is the practice of obtaining something of value through fear, using...