Obama to Crack Down on Tax Evasion?
This should be fun. The incoming Obama administration has eyed a new revenue source to help defray some of the budget shortfall.Cracking down on offshore tax havens.President-elect Barack Obama plans...
View ArticleWhat's the Deal On That Little Tax Break to Offshore Outsource your Job?
Yesterday U.S. Treasury Secretary Tim Geithner announced new corporate tax code change proposals:Geithner's brownie point meter just gets 10!
View ArticleMay the Cayman Islands be so overloaded with rats it sinks
It's not enough to run a financial institution into the ground, but when a nation tries to limit executive pay, bankers scurry like rats to the Cayman Islands:A group of 45 bankers at Barclays...
View ArticleFull Spectrum Inequality
The Plunder, Pillage and Destruction of the American Tax BaseWe don’t pay taxes; only the little people pay taxes. – Leona HelmsleyPREAMBLE: This brief blog is an attempt at a synthesis of the...
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Google Double Dutch
Sounds like a sex act, doesn't it? In a way, it is. Business Week has a HOWTO on not paying U.S. corporate taxes, courtesy of Google. Next time you hear about how we need to lower taxes to make America...
View ArticleA Little Extortion Never Hurts the Bottom Line
Original published on The AgonistIt used to be if a corporation wanted to practice the dark art of extortion, it would do so well outside of the public eye. Not these days; company CEOs are out in the...
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Obama Brings You More Bad Trade Deals
Whenever there is noise in the media machine, you can be sure some agenda the American people absolutely reject will be enacted. Such is the case with the Obama administration moving forward on three...
View ArticleThe Truth About the Panama Trade Deal
Huffington Post reporter Zach Carter did a most unusual thing when reporting on Panama being a tax haven. He called up one of the many firms offering to help him hide his money from the IRS for $2,000...
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Saturday Reads Around The Internets - Hurricaine Hype
Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop. Hurricane Hype for Advertising BucksIn the wee hours of Saturday morning, MSNBC...
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Outrageous Shorts - Jobs Crisis Ignored In D.C.
As the jobs crisis continues industry and government collude together on policies and agendas which won't help the nation. Here are some of their latest outrageous activities.
View ArticleThe U.S. Corporate Tax Code Is a Giveaway
The Great Corporate Tax Dodge is alive and well. A couple of new studies show corporate taxes as a percentage of total tax revenues are at a 60 year low and many corporations pay no tax at all. The...
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Corporations Hoard Cash While Americans Go Without A Job
The amount of cash multinational corporations are stashing is at an all time high and economists are wondering why. A recent Federal Reserve research paper examined some of the reasons. A big one is...
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Oh Those Credit Suisse!
Yet another Senate report, yet another bank is busted for tax evasion. The Senate permanent subcommittee on investigations has released a report on Credit-Suisse bank detailing their systemic offshore...
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