multinational corporations

Nations pulling together to fight multinational corporation freeloaders

Last month in Great Britton the collection of the world’s top eight economic nations (the G8) decided to get tough on multinational corporations evading paying taxes.  Last week the top 20 economic nations (the G-20) endorsed the outline of a plan to do the same thing. The full plan by the Organization for Economic Cooperation […]

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Oppose amnesty for tax-avoiding and tax evading corporations

You pay your taxes.  Your business pays its taxes.  Why do we want to let big corporations that don’t pay their taxes off the hook?  Small businesses should not be subsidizing government services (ex. courts, infrastructure, defense, education) that multinational corporations use but don’t want to pay for.  But that is exactly the impact of

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Poll: Small Business Owners Say Big Businesses, Millionaires Not Paying Fair Share of Taxes

90 percent of small business owners in nationwide poll say big corporations use loopholes to avoid taxes that small businesses have to pay; majority support increasing taxes on millionaires and letting high-end tax cuts expire Washington, DC – Small business owners see corporate tax loopholes and accounting gimmicks used to shift U.S. profits offshore to

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Regulatory reform good for multinationals, yet bad for you.

The Hill’s Congress Blog November 1, 2011 By Frank Knapp Jr   The Regulatory Accountability Act of 2011 (RAA), a bipartisan bill introduced in the House and Senate, portends to offer common sense rules to affect how Federal agencies analyze costs and benefits. The bill provides extensively detailed procedures for agencies in promulgating regulations that

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“Gang of Six” tax plan–sacrifice for all but multinationals

OK. I admit that I got my hopes up upon hearing that U.S. Senate Democrats and Republicans were talking nice about the Gang of Six deficit reduction outline that included revenue increases as well as budget cuts. But as they say—the devil is in the details. And the details in the Gang of Six proposal

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