Posted on 11 April 2008. Tags: Class Warfare, Corporations, Greed, Taxes
I know this won’t shock those of you who already know something is up. But, the details are important–from the folks at the Economic Policy Institute: Over the last 60 years, the U.S. tax code has dramatically shifted away from corporate taxes and toward taxes on individuals, especially through the payroll tax, the financing […]
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Posted on 09 January 2008. Tags: REITs, Taxes, Wal-Mart
Back in October, I wrote about the Beast of Bentonville’s propensity to figure out all sorts of dodges around paying taxes. Don’t you love it–Wal-Mart talks about being part of the community but only believes that its obligations to a community involve how that community can fatten its bottom line, which also means trying […]
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Posted in General Interest
Posted on 09 January 2008. Tags: REITs, Taxes, Wal-Mart
Back in October, I wrote about the Beast of Bentonville’s propensity to figure out all sorts of dodges around paying taxes. Don’t you love it–Wal-Mart talks about being part of the community but only believes that its obligations to a community involve how that community can fatten its bottom line, which also means trying […]
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Posted on 23 October 2007. Tags: Ernst & Young, REITs, Taxes, Wal-Mart
In another world, this might be called a crime–and maybe it is illegal. But, at least, it’s pretty sleazy and makes you wonder: why would any state really want Wal-Mart? After all, it generates low-paying jobs that keep workers in poverty–not a great way to build your tax base–and, it turns out, the Beast […]
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Posted on 08 September 2007. Tags: Class Warfare, Hedge Funds, Private Equity, Sander Levin, Taxes
While they are quivering and wavering on the Iraq War, let me suggest that there is another issue Democrats cannot capitulate on: economic fairness. It’s been said, repeatedly, that the Democrats took control of Congress in 2006 because of the anger over the Iraq War. I don’t disagree that the war was, and should […]
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Posted in General Interest
Posted on 15 August 2007. Tags: Charles Schumer, Hedge Fund, Private Equity, Taxes
Recently, including yesterday, I’ve been on the case of Sen. Chuck Schumer who seemed to be coddling the private equity and hedge fund industry by opposing legislation that would require that these guys–who are raking in obscene profits–pay taxes like the rest…of the rich people in America (yeah, hard to cry for them, either). […]
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Posted on 31 July 2007. Tags: Charles Schumer, Hedge Fund, Private Equity, Taxes
Can we get some New York senators who aren’t totally beholden to the Wall Street bankers? I mean, geez…A piece today in The New York Times explores why Chuck Schumer is running interference for the private equity fund and hedge fund managers who are trying to block a bill that would hike their taxes. June […]
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Posted on 13 July 2007. Tags: Blackstone, Class Warfare, Stephen Schwarzman, Taxes
   Wouldn’t it be nice if you could decide how much of your income you pay to the government–and, then, decide how much you’d like to get back? If you could start a little business advising people on how to pull off that little stunt, you’d be a rich man.    Welcome to the world […]
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Posted on 15 April 2005. Tags: Citizens for Tax Justice, Economy, Tax Avoidance, Tax Shelters, Taxes
Alright, I guess I’ll do the obvious—a short rumination on taxes. I’ve always believed in taxes, though I certainly would rather my contribution to the federal treasury go to building schools or funding alternative energy than paying Halliburton to fleece us or some new, nutty version of Star Wars (isn’t it amazing how scientifically-discredited weapons […]
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Posted in General Interest