August 2, 2013 The Hill’s Congress Blog By Frank Knapp Jr. President Obama is right to address the urgent need to modernize our once grand infrastructure. Unfortunately, the president’s corporate tax reforms would leave us in a deeper hole down the road. The president’s plan to cut corporate tax rates…
Bipartisanship breaks out in SC and US Senates
This week a handful of Republican and Democratic Senators in Columbia and Washington found common ground on two important issues. In Columbia 15 Senators of both parties have introduced legislation to allow a third party to finance and own solar panels on a home or commercial building and sell the…
How Everyone Else Pays for Big Business’s Tax Breaks
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…
The most fortunate of the Fortune 500
There are 280 corporations on the Fortune 500 list that are a lot more fortunate than the rest. According to a just released study by Citizens for Tax Justice and the Institute on Taxation and Economic Policy these 280 corporations paid an average effective tax rate in 2009 and 2010…