multinational corporations

Business good for multinationals

The primary theme of my blogs this week has been U.S.-based multinational corporations not paying their fair share in taxes because of their use of offshore tax havens. On Wednesday General Electric chairman and CEO Jeffrey Immelt was in Greenville, SC, touring one of GE’s plants. The Associate Press reports…

Whose Stimulus?

The below is an editorial from the New York Times.———————————————————————————– The NY TimesJune 26, 2011 Whose Stimulus? Big businesses are telling Washington that they are willing to do their bit for the economy — if the price is right. Multinational companies say they could repatriate hundreds of billions in foreign profits…

Talking tax haven abuse at the U.S. Capitol

About 15 Congressional staff and 15 others attended a briefing yesterday at the U.S. Capitol. They were there to learn more about how tax haven abuse by U.S. based multinational corporations is harming our country. The event was sponsored by the FACT (Financial Accountability and Corporate Transparency) coalition.  I…

Walmart on steroids

If you, like everyone else, are tired of all the negative political ads, take solace in the fact that they’ll be gone next Wednesday. But unfortunately, what will stay with us is an outright attack on our democracy. Our “government of the people, by the people and for the people,”…