by Dave Johnson | Sep 24, 2014 | Blog, Jobs and Growth, Tax Reform
As fast-food workers across the country strike for decent pay, Burger King is still preparing to abandon the U.S. as its home country. How does a burger company get flipped like this and who gets rich when it happens? Burger King is a company whose products encourage...
by Dave Johnson | Sep 23, 2014 | Blog, Tax Reform
The Obama administration took executive action Monday to fight the trend of corporations "abandoning their U.S. citizenship" using the "inversion" tactic. The move earned praise today from a leading opponent of inversions, Citizens for Tax Fairness, which called the...
by Dave Johnson | Sep 12, 2014 | Blog, Populist Majority, Tax Reform
With polls showing most Americans just hate companies that renounce their U.S. citizenship to dodge paying their taxes, the D.C./corporate-centric outlet Politico says Democrats are making a mistake by pushing this issue. Politico's article, "Democrats' whopper of a...
by Dave Johnson | Sep 10, 2014 | Economy, Tax Reform
New York Democratic Senator Chuck Schumer has introduced a bill aimed at fighting the corporate tax-dodging practices of "inversion" and "earnings stripping," which involve use of non-US affiliate companies. The bill would also apply to companies that have already...
by Sam Pizzigati | Sep 4, 2014 | Blog, Health, Tax Reform
The Institute for Policy Studies has been releasing annual reports on CEO pay for 20 years now, and these "Executive Excess" studies have built up quite a following. One reason: The studies offer what few other CEO pay reports do: context. Anyone with the patience to...
by Richard Eskow | Aug 29, 2014 | Blog, Economy, Tax Reform
Tolstoy wrote in "War and Peace" that "kings are the slaves of history." And when the "king" in question depends on the patronage of happy customers for his well-being, his monarchy is also a slave to public opinion. Unfortunately for Burger King, which intends to...