corporate taxes

Armand Biroonak's picture

CAF STAFF

Over a Quarter of Foreign Corporations Paid No Taxes

Submitted by Armand Biroonak
September 2nd, 2008

In 2005, 28 percent of large foreign companies doing business in the United States (those with more than $250 million in assets or $50 million in sales) paid no taxes.

Source
Government Accounting Office
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OurFuture.org Staff's picture

An Economy That Works For all

By Katrina vanden Heuvel
From thenation.com
August 26th, 2008
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Submitted by OurFuture.org Staff

thenation.com — One of the most damning symbols of our New Gilded Age is exorbitant executive pay. Five proposed reforms would eliminate loopholes which currently result in a $20 billion annual taxpayer subsidy to corporations.

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Robert Borosage's picture

CAF STAFF

The Great Corporate Tax Heist

By Robert Borosage
August 12th, 2008

Remember the old Steve Martin routine on how to make a million dollars and not pay taxes: "First, make a million dollars... Second, don't pay taxes." Turns out Martin's joke is standard operating procedure for corporations in the United States — only, in comparison, Martin was a piker.

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Armand Biroonak's picture

CAF STAFF

McCain Plan Cuts Corporate Taxes

Submitted by Armand Biroonak
August 3rd, 2008

McCain would cut the corporate tax rate from 35 to 25 percent and give corporations larger tax deductions. Big oil companies would receive an additional $3.8 billion every year under his plan—$1.2 billion a year for Exxon Mobil alone.

Source

McCain campaign

Center for American Progress Action Fund

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SharedGrowth's picture

Confessions of a Job Exporter

By Matt Lykken
January 26th, 2008

Say you owned the corner store and needed to hire one employee. more »

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David Sirota's picture

CAF STAFF

The Stimulus Swindle

By David Sirota
January 25th, 2008

Whenever Washington starts patting itself on the back—whenever politicians of both parties start praising each other on an economic issue—hold onto your wallet, because you are about to get fleeced. That's precisely what happened during the debate over the economic "stimulus" package. more »

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