When it was reported recently that Apple has avoided paying U.S. corporate income taxes on tens of billions of dollars by claiming the money really belonged to its Irish subsidiary, the hope was that Congress would use the revelation to seriously look at closing these tax loopholes used by multinational corporations. But, of course, our …
The recent news that Apple has played the tax laws of Ireland versus the U.S. to effectively avoid paying any corporate tax on tens of billions of income might be the proverbial straw that breaks the camel’s back regarding finding a solution to offshore tax haven abuse. All the rest of us are essentially subsidizing …
States and communities in many areas of the country are gearing up to protect their military bases from closures expected. The reason given for the closures is the need to reduce the nation’s defense budget by $600 billion to address the country’s debt problem. South Carolina has a Military Base Task Force that will try …
Military base closures and corporate taxes . . . time to connect the dots Read More »
