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American Corporations Dodge Billions in Taxes

Apr 15, 2012
You work hard. You pay taxes. But 26 corporations don’t -- or at least they didn’t between 2008 and 2011. General Electric, Boeing and Verizon were among the major companies that together enjoyed more than $78 billion in tax subsidies over the last four years, according to a report by Citizens for Tax Justice.

The New Corporate World Order

Apr 20, 2011
Of course it will be argued that multinational corporations have the right to arrange their businesses as they see fit in order to maximize profit. But if that is the case, do beleaguered American taxpayers have to foot the bill?Big government is big precisely because it is so active in so many costly ways in serving the interests of our biggest corporations.

Obama’s Fatal Addiction

Mar 30, 2011
Maximizing corporate profits at taxpayers' expense is what top CEOs are good at, and after all it was Jeffrey Immelt who presided over GE when it got so heavily into the subprime mortgage business that it needed a government bailout to avoid bankruptcy. This was before Obama made him a trusted adviser.Overdrive, with CEOs like GE's Jeffrey Immelt shifting the gears, is what brought us so close to the brink.

Comcast to Buy NBC

Dec 2, 2009
Cable giant Comcast, feeling the pressure from an expanded field of video and Internet access competitors, has decided to go ahead and buy NBC-Universal. The deal, which is all but done, makes Comcast one of the biggest media conglomerates (on par with Disney), and the proud owner of this.