by Roger Hickey | May 27, 2013 | Making it in America
In testimony last week Apple CEO Timothy Cook proudly described the ingenious ways in which Apple tax attorneys have gamed the U.S. tax system to make sure their company pays a whole lot less in taxes to the U.S.A. – their supposed "home country" – than U.S. users of...
by Dave Johnson | May 24, 2013 | Making it in America
Another aging highway bridge falls, cars and people in the water... This problem was well-known and urgent years ago! But Republicans block it, saying fixing our infrastructure is "more government spending." Fixing our infrastructure is also jobs and economic growth....
by Dave Johnson | May 23, 2013 | Making it in America, Trans-Pacific Partnership
The upcoming Trans-Pacific Partnership (TPP) agreement is using a process that is rigged from the start. It is not being negotiated by governments for the benefit of their people, it is being negotiated by executives (or future executives/lobbyists currently in...
by Richard Eskow | May 22, 2013 | Making it in America
Did you know that Apple Computer has become a foreign entity? Did you know that it's more Irish than anything else, at least as far as taxes are concerned? Or that it pays very little in income tax, even though its products wouldn’t exist if it not for U.S. taxes?...
by Dave Johnson | May 22, 2013 | Making it in America
At yesterday's Senate hearing the CEO of Apple said they follow the law when they "defer" billions and billions of dollars in taxes they owe by keeping profits "out of the country." He's talking about the "Subpart F" corporate tax loophole that practically forces...
by Dave Johnson | May 21, 2013 | Making it in America
The "Apple hearing" is underway (Go Sen. Levin!!) with Apple CEO Tim Cook explaining why Apple "can't" bring back over $100 billion they have parked outside the country because they would have to pay the taxes they owe. Senator after senator is explaining that our tax...