What Did We Get For All That Money

By: Sunday June 8, 2014 11:00 am

We never learn from history. We repeat the same stupid mistakes century after century.

 

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.

FDL Movie Night: Immigrant America: The High Cost of Deporting Parents

By: Monday May 19, 2014 4:59 pm

Tonight’s film, Immigrant America: The High Cost of Deporting Parents, directed by guest Roy Germano for VICE News, shows the impact of deportation on one family. Ray Jesus is just one of the faces caught up in the Immigration and Customs Enforcement (ICE) quota of 400,000 deportations a year.

Colorado Collects Over $4 Million Last Month in Marijuana Taxes

By: Friday May 9, 2014 4:10 pm

This tax revenue is helping to improve the budgets of local governments and fund education in Colorado.

TurboTax Behind Campaign Against Free Tax Filing

By: Tuesday April 15, 2014 6:49 am

Intuit, the parent company of TurboTax, launched a campaign against return-free filing which would not only allow free and simple filing for millions of Americans but would also be completely voluntary. Nonetheless, a “grass roots” campaign was started claiming the IRS was trying to “take over” an industry and tyrannically threatening “tax payer rights.”

Tax Cut Passes Wisconsin Legislature, But Tax Increase Stays in Place

By: Thursday March 20, 2014 7:45 am

On the same day that the state Assembly passed a substantial property and income tax cut package, it declined to reverse a recent tax hike for parents who work at low-wage jobs.

Are Tax Cuts the Way to Attract Startups to Wisconsin?

By: Thursday February 27, 2014 7:00 pm

In recent years, many policymakers have set their sights on trying to attract entrepreneurs and new start-ups to their communities and states. In some cases they have used that goal to justify tax cuts, which some lawmakers think will be an inducement for innovative entrepreneurs. Scott Walker is among the Governors who are seeking to promote development of new businesses and employing tax cuts as a tactic to pursue that goal.

Report: Swiss Banks Used ‘Cloak And Dagger’ Tactics To Avoid US Tax Law

By: Wednesday February 26, 2014 8:01 am

Names’ Bond, Municipal Bond. According to a new report by the Senate avoiding taxes has become absurdly clandestine with Swiss bankers using “cloak and dagger” methods when advising their clients. Swiss banking giant Credit Suisse used every trick in the book to help 22,000 of its US customers evade the law. While some of the [...]

Marriage Equality, Nullification, and Impeachment, Missouri Edition

By: Saturday February 8, 2014 9:06 am

After the Supreme Court struck down DOMA in US v Windsor, same sex couples in states like Missouri that discriminate against them are treading through a maze of conflicting state and federal laws and regulations. In Missouri, Gov. Jay Nixon has issued an executive order to cut through this mess with respect to filing state taxes, and the Missouri GOP has reacted in very predictable ways.

Can you say “articles of impeachment”? Sure you can.

Silicon Valley Makes Another Attempt to Dodge Taxes With G20

By: Monday January 20, 2014 10:06 am

Silicon Valley likes to present itself as some hub of boot strapping entrepreneurs, nothing could be further from the truth. The entire economy is built on government subsidies and protection. As Steve Blank notes in his famous presentation The Secret History of Silicon Valley the place would not even exist without the Department of Defense which, in partnership with former World War II intelligence workers at Stanford University, provided the capital and infrastructure for high tech economy. That support continues to this day both from the Pentagon, the National Science Foundation, and also a number of other government funders.

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