Corporate cheating goes well beyond federal tax reporting, as big companies have used various forms of deception to keep taking from America, especially with a complicit corporate media unwilling to report the facts about their behavior. 1. Give Us Your Technology, Infrastructure, Security, Patent Law…But Sorry, Our Profits Were Made in Another Country Microsoft: Rediscovering its soul while skipping […]
The job guarantee asserts that, if individuals bear a moral duty to work, then society and employers bear a reciprocal moral duty to provide good, dignified work for all. It would finally make real the ideal, stated in Franklin Roosevelt’s “Economic Bill of Rights,” that every American possesses a “right to a useful and remunerative job” and “to earn enough to provide adequate food and clothing and recreation.” Not a paternalistic aid, and not some tribute to aristocratic virtue, but a right to be claimed and exercised
All of them were presented with a dilemma that’s familiar to the presumptive nominee’s many vanquished Republican rivals: Should they engage with a possible future president known for holding a grudge, possibly inviting more wrath, or should they lie low and risk allowing Trump to define them and to push policies they deem harmful?
We’re being told America must let the CEOs “repatriate” their foreign bounty by essentially forgiving the taxes they owe on it. That way, the corporations get to keep the money, and America gets to keep the corporations.
What would forward-looking American corporations do if they really, truly, seriously wanted to stop climate change? They would do what they do whenever they want to influence any important policy change, of course.
Corporate giants feel free to get ever-gianter by gobbling up their competitors, knowing that the watchdogs will barely bark, much less bite.
ICANN, the Internet Corporation for Assigned Names and Numbers, announced that they are hoping to break free of U.S. oversight by next year.
By Mandy Locke and Franco Ordonez, McClatchy Washington Bureau RALEIGH, N.C. — Robert Malick has weathered plenty of uncertainty in the 22 years he’s run a multimillion-dollar heating and air conditioning firm. His secret to success: Follow the money and the people who can get it. To do it, his company, Southern Mechanical, landed government-backed […]
By Kevin G. Hall, McClatchy Washington Bureau WASHINGTON — The head of the Senate’s tax-writing panel issued a statement Tuesday offering Republicans a carrot to join Democrats in blocking the ability of some U.S. corporations to shift headquarters overseas to enjoy huge tax breaks called inversions. “Following efforts in August, it’s clear there is an […]
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though, there is a significant revelation in the paperwork. This year, one of the most important revelations came from Microsoft’s filings, which spotlighted how the tax code allows corporations to enjoy the benefits of American citizenship […]
By Michael Hiltzik, Los Angeles Times “Shareholder democracy” long has been derided as an oxymoron, like “military intelligence” or “jumbo shrimp.” Yes, corporate managements bow endlessly to the mandate that they act exclusively in the shareholders’ interest, but in real life they treat the poor sap with a few hundred shares as hardly more important […]
By Katherine Skiba, Chicago Tribune WASHINGTON — Senator Dick Durbin (D-IL) said he and other Democrats will unveil a bill Tuesday to curb corporate tax dodging. No federal contracts would go to businesses that engage in corporate “inversions” to lower their tax bills, Durbin said. The measure is called the No Federal Contracts for Corporate Deserters […]