Showing posts with label Tax Haven. Show all posts
Showing posts with label Tax Haven. Show all posts

Wednesday, March 13, 2013

Once Upon a Time, Corporations Paid Taxes

Once Upon a Time, Corporations Paid Taxes
"The end result of this looting: an America where corporate profits are setting records while typical workers, as former U.S. labor secretary Robert Reich points out, are making less today, in real dollars, than they earned a dozen years ago."

Monday, March 11, 2013

Reports: US 'Corporate Tax Dodgers' Keeping More Money Overseas | Common Dreams

Reports: US 'Corporate Tax Dodgers' Keeping More Money Overseas | Common Dreams
"At a time of record corporate profits, U.S. "corporate tax dodgers" are parking more of their profits offshore, taking advantage of tax loopholes to shield billions from U.S. taxes, according to new analyses in the Wall Street Journal and Bloomberg."

Friday, February 15, 2013

The Company That Ran The ‘Cruise From Hell’ Pays Almost No Income Tax

The Company That Ran The ‘Cruise From Hell’ Pays Almost No Income Tax: Carnival’s “cruise from hell” — during which the ship lost power off the Yucatan peninsula and was stuck for days, leaving passengers no recourse to relieving themselves in plastic bags — finally ended last night as the crippled boat was tugged into port. “It was horrible. Horrible,” one passenger said. “The bathroom facilities were horrible [...]/p

Thursday, February 14, 2013

Facebook Paid No Corporate Income Tax Last Year, After Making More Than $1 Billion In Profits

Facebook Paid No Corporate Income Tax Last Year, After Making More Than $1 Billion In Profits: Between 2008 and 2011, 26 major corporations were able to pay no federal corporate income tax, despite making a combined $205 billion in profits. According to a new report from Citizens for Tax Justice, Facebook joined that illustrious club last year, receiving $429 million in tax rebates despite making more than $1 billion in profits: [...]/p

Tuesday, February 12, 2013

A Choice For Corporate America: Are You With America, Or The Cayman Islands

A Choice For Corporate America: Are You With America, Or The Cayman Islands
"Here's the simple truth. You can't be an American company only when you want a massive bailout from the American people. You have also got to be an American company, and pay your fair share of taxes, as we struggle with the deficit and adequate funding for the needs of the American people. If Wall Street and corporate America don't agree, the next time they need a bailout let them go to the Cayman Islands, let them go to Bermuda, let them go to the Bahamas and let them ask those countries for corporate welfare."

Sunday, February 10, 2013

A Choice For Corporate America: Are You With America Or The Cayman Islands | Common Dreams

A Choice For Corporate America: Are You With America Or The Cayman Islands | Common Dreams
"Here's the simple truth. You can't be an American company only when you want a massive bailout from the American people. You have also got to be an American company, and pay your fair share of taxes, as we struggle with the deficit and adequate funding for the needs of the American people. If Wall Street and corporate America don't agree, the next time they need a bailout let them go to the Cayman Islands, let them go to Bermuda, let them go to the Bahamas and let them ask those countries for corporate welfare."