How do corporations avoid paying taxes?
For most Americans, Tax Day is one of the most agonizing days of the year. But many multi-billion dollar companies...
For most Americans, Tax Day is one of the most agonizing days of the year. But many multi-billion dollar companies...
Sen. Bernie Sanders drops a bomb on corporations who are dodging taxes by hiding money overseas by introducing new legislation...
by onepercenttakers · Published November 7, 2014 · Last modified November 23, 2015
More than 300 global corporations and financial institutions—including well-known names like Pepsi Co., FedEx, JP Morgan Chase, and Amazon—have created...
by onepercenttakers · Published October 17, 2014 · Last modified November 25, 2015
LONDON, Oct 16 (Reuters) – U.S. drugmaker AbbVie has pulled the plug on its plan to buy Dublin-based Shire ,...
by onepercenttakers · Published September 4, 2014 · Last modified November 28, 2015
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though,...
by onepercenttakers · Published August 31, 2014 · Last modified November 28, 2015
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though,...
Corporations / Politics / Taxes
by onepercenttakers · Published July 15, 2014 · Last modified August 6, 2014
Despite supposed bans on companies that move offshore to avoid paying U.S. taxes getting federal contracts, more than a dozen...
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
U.S.-based nonfinancial companies are parking record amounts of cash abroad, thanks largely to a tax code that encourages them to...
by onepercenttakers · Published April 12, 2014 · Last modified September 7, 2014
WASHINGTON (AP) – Manufacturing giant Caterpillar Inc. has used an aggressive tax strategy to shift profits overseas in order to...
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.