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May 22, 2013

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Apple Walks Away From Multibillion Dollar Tax Obligation

Apple will deprive the American public of $9 billion in U.S. taxes by paying shareholders with proceeds from a $17 billion blockbuster bond sale instead of using money it made abroad.

Posted on May 2, 2013 READ MORE



AP/Carolyn Kaster

Obama Selects Billionaire Campaign Backer as Commerce Secretary

Barack Obama has once again dropped all pretenses of being a progressive president by nominating Penny Pritzker—a major campaign contributor with a personal fortune estimated at $1.85 billion and a history of dogging bank regulations—to head the Commerce Department.

Posted on May 2, 2013 READ MORE



Tony Fischer Photography (CC BY 2.0)

America’s Criminal Element

Was lead a driver of the late 20th century surge in violent crime, drops in IQ, cognitive deficits and incidences of ADHD? Mounting evidence at the national, state, city and individual levels—and across the world—strongly suggest it was.

Posted on Jan 12, 2013 READ MORE



Howdy, I'm H. Michael Karshis (CC BY 2.0)

How Tax Reporting Is Skewed to Benefit the Rich

Think tanks such as the Cato Institute and the Tax Foundation like to cherry-pick tax data to claim that the rich pay more than their fair share. But a broad look at taxation shows it’s not true, a writer at The Economist says.

Posted on Aug 23, 2012 READ MORE


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