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.
|By: David Dayen Monday August 13, 2012 6:55 am|
If the Romney campaign thought that their Vice-Presidential selection would take the heat off their candidate’s refusal to release more than two years of tax returns, that was laid to rest when Bob Schieffer asked Paul Ryan last night on 60 Minutes how many years of tax returns he had to give to the campaign. “Several years” was the reply, followed by the statement that he would only release two years. And Mitt would pay less than 1% in taxes under Ryan’s tax plan.
|By: SouthernDragon Monday August 13, 2012 4:45 am|
A variety of links to articles/interviews/speeches/videos on current issues that may be of interest.
|By: David Dayen Monday July 23, 2012 2:10 pm|
The Tax Justice Network came out with a study over the weekend alleging that between $21 and $32 trillion in global wealth is being hidden away in tax havens. This represents a sum equal to the GDP of the US and Japanese economces combined. Former McKinsey and Co. chief economist James Henry oversaw the TJN study.
|By: SouthernDragon Monday July 23, 2012 4:45 am|
A variety of links to articles/interviews/speeches on current issues that may be of interest.
|By: David Dayen Wednesday July 18, 2012 12:35 pm|
Just to follow up on this tax return issue that is playing havoc with Mitt Romney’s Presidential campaign, it turns out that the returns he claimed to have fully disclosed were not fully disclosed. He left out the part that describes the role of his Swiss bank account.
|By: David Dayen Thursday January 19, 2012 7:07 am|
The ABC News report that came out last night about “Mitt Romney’s offshore tax havens” appears to get the data wrong, so you end up with a muddled analysis of the situation. What is actually happening here, as Pat Garofalo untangles, is that Romney invests in funds from his old company Bain Capital that happen to park their money offshore to avoid taxes.
|By: masaccio Friday July 22, 2011 6:00 am|
Congressmen Bill Posey (R-FL), Mario Diaz-Balart (R-FL), and Gregory Meeks (D-NY) have introduced a bill to bar the Treasury Department from adopting rules requiring US Banks to report interest paid on deposits by non-resident aliens to their native countries. This shocking bill reinforces the message of Nicholas Shaxson’s book, Treasure Islands, that the US is one of the biggest tax havens in the world.