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October 23, 2016
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Tag: Corporate Taxes

Why Corporate Tax Deserters Shouldn’t Get the Benefits of Being American Corporations (Video)

By Robert Reich /

Apple is only the latest big global American corporation to use foreign tax shelters to avoiding paying its fair share of U.S. taxes. It’s just another form of corporate desertion.

Posted on Sep 14, 2016 WATCH & LISTEN


Square, Category Page

What to Do About Disloyal Corporations

If Pfizer or other American corporations want to leave the country to avoid U.S. taxes, that’s their business. But they should no longer get any of the benefits of American citizenship—because they’ve stopped paying for them.

Posted on Dec 7, 2015 READ MORE

How State-Sponsored Lotteries Steal From the Poor to Give to the Rich

Last year, in the words of “Last Week Tonight” host John Oliver, “Americans basically spent more on the lottery than they spent on America.” And although lottery commercials would have you believe that proceeds go to charitable causes, the truth is a bit more complicated.

Posted on Nov 10, 2014 WATCH & LISTEN

Corporate Inversion Tax Dodge

Posted on Sep 2, 2014 ENLARGE

The Cleveland Kid (CC BY 2.0)

A Solution to the Problem of Corporate Money Hoarding

At the core of the non-recovery in America’s economic crisis is the stockpiling of enormous sums of untaxed cash—totaling almost $1.5 trillion at the end of last year—by corporations that refuse to invest in new businesses and projects that would serve the public good.

Posted on Aug 8, 2013 READ MORE

Flickr/401(K) 2013

The Three Biggest Lies About Why Corporate Taxes Should Be Lowered

Instead of spending August on the beach, corporate lobbyists are readying arguments for when Congress returns in September about why corporate taxes should be lowered. But they’re lies. You need to know why so you can spread the truth.

Posted on Aug 5, 2013 READ MORE

Obama’s New ‘Grand Bargain,’ Scahill’s Reaction to Manning Verdict, and More

A look at the day’s political happenings, including the intensifying feud between Chris Christie and Rand Paul and why GOP officials are upset over Liz Cheney’s decision to run for Senate in Wyoming.

Posted on Jul 30, 2013 READ MORE

Taxes and Gravity

Posted on May 30, 2013 ENLARGE


Posted on May 28, 2013 ENLARGE

sdh_zh (CC-BY)

Beware Capitalist Tools

Forbes magazine likes to call itself a “capitalist tool,” and routinely offers tool-like justifications for whatever it is that profit-seeking corporations want to do.

Posted on May 27, 2013 READ MORE

Shelter From the Storm

Posted on May 26, 2013 ENLARGE

Apple Avoids Corporate Taxes

Posted on May 26, 2013 ENLARGE

Tiger PixelRights reserved

Corporate Tax Cheats by the Numbers

Apple isn’t the only major American corporation hiding profits abroad. Lauren Feeney at the Moyers & Company blog has assembled a list of 10 companies that paid little to no taxes last year, and another 10 that added at least $5 billion to their offshore tax havens.

Posted on May 24, 2013 READ MORE

Flickr/Andrew Feinberg

How Facebook Made a Billion Dollars, Paid No Taxes and Expects a Huge Refund

Despite making $1.1 billion after going public last year, Facebook didn’t pay a dime in state or federal income taxes in 2012. Instead, thanks to the social media company’s use of a single tax break, it anticipates getting a massive refund from the government totaling $429 million.

Posted on Feb 17, 2013 READ MORE

Sanders Wants to End Corporate Tax Handouts, O’Reilly Makes Big Error, and More

A look at the day’s political happenings, including GOP infighting involving Karl Rove and the latest Republican-led assault on women’s rights.

Posted on Feb 7, 2013 READ MORE

Comparing the 1912 Elections With the 2012 Elections

Before the electoral year of 2012 slinks into history, it is worth a comparative glance back to the electoral year of 1912 to give us some jolting perspective on how degraded our contemporary elections, voter performance and election expectations have become.

Posted on Jan 1, 2013 READ MORE

Institute for Policy Studies

Subsidizing the CEOs

Twenty-six of the nation’s largest corporations paid their CEOs more than they spent on taxes in 2011, according to a report by the Institute for Policy Studies.

Posted on Aug 16, 2012 READ MORE

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