Sorry I’ve not been blogging much recently. Many other pressing things have come up. So to give you a worthy blog to read over the holidays, below is one by my friend Nicole Tichon, executive director of the Tax Justice Network USA. This blog ran recently in The Huffington Post. Enjoy. Happy Thanksgiving! ————————————————————————–The Huffington […]
Happy Thanksgiving Read More »
The new September ADP National Employment Report is out today saying that 162,000 new private-sector jobs were created in the U.S. last month. And once again small businesses with less than 50 workers created the most new jobs—81,000. Since the beginning of this year new jobs from small businesses have accounted for around 50% of
Small business consistently best at producing new jobs and paying fair share of taxes Read More »
“Big business is doing fine in many places – they get the loans they need, they can deal with all the regulation. They know how to find ways to get through the tax code, save money by putting various things in the places where there are low tax havens around the world for their businesses.”
Big business is doing fine Read More »
(The auther of this report, James Henry, will be on my radio show just after 5:40ET today. The streaming audio can be foundhere.) Tax Justice NetworkJuly 22, 2012 At least $21 trillion of unreported private financial wealth was owned by wealthy individuals via tax havens at the end of 2010. This sum is equivalent to the size
In the past 12 years we have witnessed two of the biggest failed experiments in how to improve the economy of countries. The first experiment was here in our country. In the 2000s we went on a tax-cutting spree for the wealthiest Americans, allowed multinational corporations to drastically cut their income taxes through offshore tax
Failed economic experiments Read More »
First screening in South Carolina April 25 “We’re Not Broke” is a timely independent film documenting big corporations hiding over a trillion dollars from Uncle Sam. The film was selected to be screened at this year’s Sundance Film Festival as well as the film festivals in Boston and Dallas. **Public screening will be April 25
Independent Film Documents Lost U.S. Taxes Read More »
Which will the GOP Presidential candidate choose during tonight’s debate–amnesty for coporate tax dodgers or jobs? Based on Monday’s Palmetto Freedom Forum in Columbia, the answer is sure to be amnesty for corporate tax dodgers. The GOP candidates have all proclaimed that the way to create jobs is to offer U.S.-based multinational corporations amnesty for
Amnesty for corporate tax dodgers or jobs? Read More »
ReutersAugust 31, 2011 WASHINGTON (Reuters) – Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday. It also found many of the companies spent more on lobbying than they did on taxes. At a time when lawmakers are facing
Some U.S. firms paid more to CEOs than taxes: study Read More »
By Rep. Lloyd Doggett (D-Texas) The Hill’s Congress BlogJuly 26, 2011 As Washington considers solutions to our debt crisis, I believe a fundamental principle — before we consider cutting vital programs or raising tax rates—is ensuring everyone pays their fair share. I always find it impossible to explain why a pharmacist in Lockhart, Texas, or
‘Shared sacrifice’ in debt reduction should include international tax loopholes Read More »
Message from the American Sustainable Business Council: Why Should Apple, Kodak and Pfizer Get Another Giant Tax Break? A coalition of multinational corporations – including many household names – is pushing for a massive tax holiday on profits they’ve parked overseas. George Bush gave out a similar tax holiday to U.S. multinationals in 2004. Back
Stop the multinational corporation tax break Read More »
