The most recent statistics show that the federal unemployment rate is at 10.2%, the highest in more than 20 years. Despite indications that the nation’s
Read MoreCategory: corporate
Support Growing For Bank Tax
As the headlines continue to batter Wall Street this week (my favorite story du jour being this one from CNN: “SEC staffers watched porn as
Read MoreIs It Luck Of The Irish Or Something More?
Ah, Ireland. Land of leprechauns, rainbows and… low corporate taxes. That’s right: Ireland is a tax haven. Over the past few years, Ireland has been
Read MoreMicrosoft Exec: Consumers Need To Pay More Taxes
What if the head of Coca-Cola suggested a tax on sugary sodas to combat increasing instances of obesity? Or if the big three automakers heralded
Read MoreLoss Carryback Rules Leading to Refunds
This time of year, most of the focus in the media tends to be on negativity – taxes gone bad, driving folks out of business
Read MoreBankers Lawyer Up to Fight Tax
Remember this ad for Infiniti Q45? The commercial doesn’t really give you much information. We just know it’s a commercial for a florist car company.
Read MoreTreasury Plays Fairy Godmother To Citi, But Kucinich Says Not So Fast
Not everyone is as thrilled about Citigroup’s new tax breaks as, well, Citi. Former presidential contender Rep. Dennis J. Kucinich (D-OH) counts himself of as
Read MoreBig Banks Move On… With A Little Help From Their Friends?
Wells Fargo announced early this week that it will repay $25 billion received under the Troubled Asset Relief Program (TARP). The announcement comes on the
Read MoreBusinesses Get Tax Break
Don’t get too excited. It’s not a huge tax break – but it’s not a bad one either. A bill that was rushed through recently
Read MoreChinese Tax Revenues Up: Should We Be Worried?
If the news that US tax revenues have fallen was disturbing, then this may be even worse: China’s tax revenues are expected to grow by
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