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Showing blog posts tagged with corporate taxes

At the Old Ball Game: Check Out the Corporate Tax Dodger Baseball League

Leading up to Tax Day, April 15, Americans for Tax Fairness (ATF) is calling attention to 10 corporations that are dodging paying their fair share of taxes. We are releasing a set of Corporate Tax Dodger Baseball Cards because these companies are as skilled as baseball pros. Be sure to collect all 10 and see what makes these companies professional tax dodgers.

Check out some of these baseball cards after the jump. Check out ATF's website for more cards

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30 Dow Firms Dodge Taxes, Boost Profits with Overseas Tax Havens

30 Dow Firms Dodge Taxes, Boost Profits with Overseas Tax Havens

Over the past 40 years, some of the nation’s biggest and most profitable companies have not only moved America's jobs and manufacturing overseas, but by taking advantage of a U.S. tax code that encourages companies to shift their income overseas, they have cut the taxes they owe by more than half. The result, writes Jia Lynn Yang in The Washington Post,

is lower revenue here that could pay for infrastructure, education and other services that support domestic growth—and that make life easier for U.S. firms.

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'Fix the Debt' Is a Front Group for CEOs Who Don't Want to Pay Their Taxes

Fix the Debt: Watching out for CEOs, not you.

We've reported for several months now the "Fix the Debt" group is a Trojan horse. It cynically calls for cuts to Social Security, Medicare and Medicaid benefits (in the name of "deficit reduction") while advocating for lower taxes for corporations and businesses that ship jobs overseas. 

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515 Groups Tell Congress and the White House to Raise Revenue in Corporate Tax Reform

Americans for Tax Fairness, a campaign of state and local organizations united in support of a tax system that works for all Americans, released a letter today sent to President Obama and Capitol Hill in support of revenue-positive changes to the corporate tax code and to voice strong opposition to a territorial tax system. 

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Union Leaders Meet with President Obama to Discuss Fiscal Priorities

AFL-CIO President Richard Trumka and other national leaders of unions and progressive groups actively involved in discussions over fiscal priorities met with President Obama Tuesday morning at the White House. Trumka and the group urged Obama to not give more tax cuts to those making more than $250,000 and to not cut Social Security, Medicare and Medicaid benefits. The group also pledged to support the president in fighting for a good deal for the country, even if that means negotiating into the new year. Afterward, Trumka told reporters:  

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New Study Shows Romney’s Corporate Tax Holiday Ships More U.S. Jobs Overseas

Photo by Sunset Parkerpix/Flickr

The huge export of American jobs (some 6 million manufacturing jobs in the past decade) by U.S. corporations has become a focal point of the presidential campaign. Today, a new report from the Center for American Progress (CAP) outlines how Republican Mitt Romney’s proposals would:

encourage and further accelerate the outsourcing of American jobs to foreign countries.

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Romney's Economic Policies: Stale and Failed

Romney's Economic Policies: Stale and Failed

In a televised panel discussion yesterday, AFL-CIO President Richard Trumka handily put Mitt Romney’s economic polices into perspective: stale and failed.

Countering comments by Romney economic adviser Vin Weber that corporate taxes need to be lowered and deregulation pushed forward, Trumka noted that George W. Bush followed that same prescription with the result that after his eight years as president,

there were fewer jobs in America when he left office then when he came into office. If those were such a great prescription, why did they almost destroy the economy?

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Tax Day and Equal Pay Day Will Make Tuesday a 'Twofer'

Do you believe wealthy Americans and corporations should pay their fair share in taxes and women should receive equal pay?  Then April 17 is “Twofer Tuesday.” As part of the 99% Spring movement, some 100,000 activists will use Tax Day as a platform to demand that the 1% and corporations pay their fair share. April 17 is also Equal Pay Day, the date symbolizing how far into 2012 women must work to earn what men earned in 2011.

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Are Your Tax Dollars Paying Your Boss?

Progress Ohio photo

A new study finds that nearly $700 million a year in state income taxes withheld from workers’ paychecks in 16 states is being used to provide lavish subsidies to corporations, rather than paying for vital public services. Workers likely believe their state taxes are going to fund schools, repair roads or pay for police and fire protection. But not so, says Paying Taxes to the Boss: How a Growing Number of States Subsidize Companies with the Withholding Taxes of Workers,” a study released today by Good Jobs First.

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Corporate Tax Dodgers Didn’t Miss a Beat in 2011

We Are Michigan photo

A new report shows that most of the 30 Fortune 500 companies that paid no federal income tax from 2008 through 2010 were able to keep up their tax dodge two-step in 2011. Those nimble firms include Verizon, GE, Boeing, Wells Fargo, Tenet Health Care and more.

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