Puerto Rico
The Economist: The price isn’t right
February 15, 2013
(Original Post) Corporate profit-shifting has become big businessFeb 16th 2013 DURING THE TAX-EVASION trial of Leona Helmsley, a flamboyant hotelier, a former housekeeper testified that she heard her employer say: “We don’t pay taxes. Only the little people pay taxes.” These days, multinational companies stand accused of taking a similarly haughty attitude to their fiscal […]
Tri-Parish Times: Will Jindal go for more sin taxes?
January 4, 2013
(PDF of Original Post) By TOM ASWELL During the 1988 presidential race, Vice President George H.W. Bush proclaimed, “Read my lips: no new taxes!” That famous line helped him defeat Michael Dukakis but when he was forced to back-track on that promise, it was his eventual undoing. Bill Clinton’s own pithy campaign slogan “It’s the […]
Seattle Times: Few companies pay anything close to 35 percent federal tax rate
December 21, 2012
(Original Post) A report on corporate taxation released Thursday calls out Bellevue-based truck maker Paccar and more than two dozen other major corporations for paying no net federal income taxes over the past three years, despite being profitable each of those years. By Drew DeSilver Seattle Times business reporter Paccar had an effective U.S. tax […]
