August 19th, 2011
Earlier this week, Facebook, and other sites, were buzzing with talk about Warren Buffett’s op-ed in The New York Times, where the American billionaire called on U.S. policymakers to raise the income tax rate for the richest Americans. Indeed, The Washington Post even posted a link on its Facebook page to an AP article about the op-ed with this apt description: “In case you missed it -- and there's only a slim chance you did --- Warren Buffett is calling on the so-called ‘mega-rich‘ to pay more in taxes.” Most of the reactions I saw were supportive of Mr....
April 25th, 2011
Media Coverage Report Card: Trending Accountability
Global Financial Integrity evaluates the Media’s current coverage of corporate tax dodging and tax havens
Corporate tax shenanigans have been in the news a lot lately. Here’s a quick guide to the stories currently shaping the debate over US tax policy and raising the “injustice level” from “amusingly frustrated” to “Shut-Down Congress Red.”
April 4th, 2011
PROPUBLICA/FORTUNE – Did GE pay U.S. income taxes in 2010? The company known for minimizing its tax bill made a muddled situation worse responding to a New York Times report suggesting it might get a refund. GE now says it has a small tax liability for 2010.
April 4th, 2011
PROPUBLICA/FORTUNE – GE is in a class by itself when it comes to paring its tax rate well below the top U.S. corporate rate of 35 percent – sometimes into the single digits – using an array of strategies that include hiring top tax experts from the IRS and Treasury.