Majority of Fortune 500 Using Offshore Tax Schemes to Hide $90 Billion

By: Friday June 6, 2014 2:16 pm

According to a new report from Citizens for Tax Justice and the U.S. Public Interest Research Group, the majority of America’s Fortune 500 companies are cheating the tax man to the amount of approximately $90 billion by using offshore tax havens. That cheating leaves the rest of US taxpayers on the hook to make up the difference.

 

Cayman Islands Investment Becomes Obstacle For Treasury Secretary Nominee

By: Monday February 11, 2013 6:01 am

Jack Lew’s nomination for Treasury Secretary was already proving to be contentious but now questions are being raised on Lew’s personal financial activities. Lew reportedly made an offshore investment in the Cayman Islands that may have been an attempt to avoid taxes.

Judicial Blindness

By: Sunday October 21, 2012 10:30 am

Business fraud isn’t really a crime, not if the political hacks on the Supreme Court and the Federalist Society lower court judges can help it.

S.S. Mittow

By: Thursday August 30, 2012 1:30 am

I think we may have to re-define VIP treatment when it involves having to spend time with Pawlenty.

Hunger Games

By: Wednesday August 29, 2012 8:00 pm

The increasingly surreal reality show that is the Republican Convention is rapidly shaping up to be one of the most offensive displays of mendacity, racism, and bloodlust the Republicans have yet performed, as evidenced in the “color” stories coming out of it. From a black CNN camera operator pelted with nuts by some slack-jawed cracker slurring, “this is how we feed animals,” and a Puerto Rican billionairess speaker shouted down by the mob chanting, “USA,” Ann Romney waxing lyrical about her “real” marriage, to a bloated and surly Chris Christie bragging about union-busting in his laughable fake Sopranos style, the whole undeniably engrossing spectacle, harried by a hurricane, is just a few midgets shy of a Fellini movie.

SUPPORT FIREDOGLAKE
Follow Firedoglake
TODAY’S TOP POSTS
CSM Ads advertisement
Advertisement