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 »
Solar tax credits for commercial buildingsContact Senators before noon Tuesday The Senate Finance Committee will vote on H.3346 this Tuesday afternoon at 3PM. The bill provides for tax credits for the installation of solar equipment on commercial buildings. This will make solar energy more affordable for small businesses to address the ever escalating energy costs.
Yesterday, as expected, the U.S. House passed Majority Leader Cantor’s bill that would cut a small business owner’s tax on profits by 20% for 2012 only. The bill’s intent, according to the supporters, is to spur job creation. In my blog on Wednesday I explained why this would be a $46 billion debt-increasing failure in
Bucking the leadership Read More »
In spite of a majority of Senators voting to pass the Buffett Rule creating a minimum tax rate for those making over a million a year, the bill failed. Along an almost straight party line vote, the Buffett rule did not muster the 60 votes needed to stop a potential filibuster. With 60%of the public
Buffett Rule trumped by filibuster rule Read More »
Today the U.S. Senate is scheduled to vote on the Buffett Rule that would require those making over $1 million a year to pay a minimum tax rate of 30% to put them in line with the average middle class American. Supporters of the proposal say that this is a matter of tax equity requiring
Titanic tax lessons Read More »
New U.S. PIRG Report Highlights Negative Impact of Tax Haven Abuse on Small Businesses, Ordinary Taxpayers Washington, DC – Today, Representative Chris Van Hollen, Business for Shared Prosperity (BSP), the American Sustainable Business Council (ASBC) and the Main Street Alliance (MSA) joined U.S. PIRG in unveiling its new report, “Picking Up the Tab: Average Citizens and
Small business leaders spotlight high cost of corporate tax dodging Read More »
US News and World ReportApril 5, 2012 Families and small businesses pick up the tab for egregious tax loopholes exploited by corporations By Joseph Rotella, Dennis Van Roekel Some politicians might believe that “corporations are people,” as former Gov. Mitt Romney declared last year. At tax time, however, corporations enjoy better treatment than ordinary folks.
How Everyone Else Pays for Big Business’s Tax Breaks Read More »
The Hill’s Congress Blog By Scott Klinger, tax policy director, Business for Shared Prosperity 03/01/12 03:12 PM ET Corporations pay a lower effective tax rate than Warren Buffett and Mitt Romney, but you wouldn’t know it from all the complaints that our corporate tax rate puts our country at a competitive disadvantage. Last year, U.S.
Look who pays less in taxes than Buffett and Romney Read More »
You still have time to kick SC solar industry into high gear Act Now!! Vote is at 3:00 today The South Carolina Small Business Chamber of Commerce supports H.3346, which provides for a 35% state tax credit for the installation of solar energy equipment in commercial buildings. We believe that this legislation will greatly help
Union Daily Times by Charles WarnerEditor February 23, 2012 The State of South Carolina should use business tax credits to promote the growth of solar energy in the state according to the majority of the readers who participated in an online poll conducted by The Union Daily Times. The Finance Committee of the SC Senate is
Online poll: State should promote solar energy Read More »
