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 …
Nations pulling together to fight multinational corporation freeloaders Read More »
The high drama is back in Washington as this Friday is the deadline for passage of a spending bill that will keep the doors open on the federal government. Getting that done is intricately married to passing legislation to extend the payroll tax cut for 160 million working Americans and also extending federal unemployment benefits. …
Last night we heard from President Obama and Speaker Boehner about their ideas for addressing deficit reduction and raising the debt ceiling. The President spoke about the need to close corporate tax loopholes and end offshore tax haven abuse—issues that you have heard me talk about many times. Unfortunately, neither deficit reduction plan on the table …
