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Tag: Tax Loopholes


How the Twinkie Provides a Blueprint for Amassing Wealth

Highlighting a deal involving Hostess, the company known for its sweet baked treats, an investigation by The New York Times shows how private-equity executives expanded their fortunes.

Posted on Dec 10, 2016 READ MORE


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The Real Scandal of Donald Trump Avoiding Taxes Isn’t Just About Him

Trump isn’t and never was a smart businessman. He was and is smart at gaming a system rigged in favor of the wealthy. There’s a difference.

Posted on Oct 3, 2016 READ MORE



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Elizabeth Warren’s Bill Could Mean Billions for Taxpayers

Sen. Elizabeth Warren has teamed up with Republican Sen. Tom Coburn of Oklahoma to introduce a bill that takes aim at the efficacy and malfeasance of government settlements on corporate wrongdoing and could bring billions of dollars back to taxpayers. If corporations have the same rights as people, then they should have to suffer the same consequences.

Posted on Jan 13, 2014 READ MORE


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Posted on May 28, 2013 ENLARGE



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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



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N.Y. Probes Bain Capital’s Tax Strategy

Questions about Republican presidential nominee Mitt Romney’s record at Bain Capital are not likely to go away any time soon, especially now that it’s been revealed that Bain is among a number of major private equity firms under investigation by the New York state attorney general’s office for tax-related reasons.

Posted on Sep 3, 2012 READ MORE


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