by Isaiah J. Poole | Jun 19, 2014 | Jobs and Growth, Tax Reform
On Wednesday the Obama administration came down firmly against giving corporations a repatriation tax holiday – a tax break to corporations for bringing back into the United States profits they stashed overseas to avoid taxation. That should be a fatal blow to a...
by Richard Eskow | Jun 19, 2014 | Blog, Tax Reform
Medtronic is as American a company as they come. The surgeon who created its original technology was born and raised in Minnesota, where he lived his entire life. He was educated at a public university there, which is where he eventually conducted his research....
by Dave Johnson | Jun 11, 2014 | Blog, Economy, Tax Reform
This one is simply outrageous. Corporations currently owe up to $700 billion in unpaid, "deferred" taxes. The country needs the money – partly because these companies owe so much in taxes. Which of the following choices should the country make? 1. Tell the companies...
by Dave Johnson | May 8, 2014 | Blog, Tax Reform
A huge, huge giveaway of tax money to giant corporations is rolling down the tracks at us. If it happens, this tax giveaway would be second only to the bank bailouts on the list of schemes to give money to private corporations. (Except, with the bailouts we got some...
by Jasmine Tucker | May 7, 2014 | Blog, Tax Reform
From the perspective of the federal government, tax breaks are no different from any other kind of federal spending. Just like money we spend on programs such as early childhood education or food safety, when we approve tax breaks, it means less money in the U.S....
by Isaiah J. Poole | May 7, 2014 | Jobs and Growth, Tax Reform
There is nothing fundamentally wrong with businesses receiving incentives to do the research and development that will lead to the products and services – and jobs – of the future. But the House is about to get it all wrong in today's vote for a research and...
