Multinationals save hundreds of billions of dollars by offshoring income and manipulating their books — and it’s perfectly legal.
tax policy
Posted inMoney, Politics, and Power
How Plutocrats Cripple the IRS
You pay more because elites use their influence to pay less.
Posted inMoney, Politics, and Power
The Strange Silence about Sanders’s Tax Proposals
Bernie Sanders has proposed tax increases that ought to give Democrats pause, but hardly anyone is talking about them.
Posted inMoney, Politics, and Power
Dodging Taxes Through Corporate “Inversions”
Johnson Controls is the latest in a string of American companies that save millions in taxes by moving U.S. headquarters overseas, costing Americans jobs and eroding the nation’s corporate tax base.