Tag Archive | "tax inversions"

Obama: Companies “cherry-picking the rules, and it damages the country’s finances”

I detect a president who thinks he’s found a very potent political argument. Having gone soft on the bankers, letting all the big fish skate after wrecking the economy, the president has figured out that people just won’t stand for a tax system that leaves regular people holding the tab while CEOs figure out how to screw the public, day after day. And, so, he’s now personally calling for an end to so-called tax “inversions”

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Retroactive, Of Course

In the debate over tax inversions–that little corporate maneuver to reincorporate abroad to avoid U.S. taxes–there’s a little fight going on about a small but significant issue: if legislation passes to stop this scam, should it be retroactive? Of course it should.

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No, Miles, It Does Matter

Love those CEOs obfuscating the truth. I know, you’re shocked. This little pearl comes in the arena of tax avoidance.

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