Etsy’s Dark Side: Socially Irresponsible Tax Evader
Etsy is certified as a socially responsible retailer and markets itself that way, but that is belied by its use of an Irish subsidiary through which it can avoid paying taxes on its profits.
Category: Tax Reform
56 Organizations Unite In Opposition To Schumer Corporate Tax Plan
“The proposal appears to fail two principles of corporate tax reform,” says a letter authored by Americans for Tax Fairness: It would not increase revenue and it would encourage more shifting of jobs and profits offshore.
Congress’ Transportation Stall Is Our Chance to Mobilize
This time short-term congressional paralysis offers the chance to prevent a long-term disaster. Progressives gets three months to break the momentum of a corporate tax giveaway and get a better transportation bill.
Do Voters Back White House Plan For Highway Funding? Don’t Be So Sure
If the goal was to determine if voters back “the White House plan” for highway funding through corporate tax relief, the pollsters didn’t ask the right question. Here’s what they should have asked.
How Walmart Evades Taxes: 78 Subsidiaries in 15 Tax Havens
According to an Americans for Tax Fairness report, the company has at least $76 billion in profits in locations around the world where it has no stores. The only plausible reason is to avoid paying U.S. taxes.
Study Finds Right-Wing Tax Voodoo Doesn’t Work
“Our results are inconsistent with the view that cuts in top state income tax rates will automatically or necessarily generate growth,” says a report from the Tax Policy Center.
Orrin Hatch’s ‘Fairness’ Priority: Raising Taxes On Working Families
As Democrats on the Senate Finance Committee release a report today on schemes used by wealthy people to avoid paying taxes, the Republican chairman wants “more attention” on taxing lower-income people.
More Proof Conservative Anti-Tax Dogma Only Applies To The Rich
The story is pretty much the same in conservative state after conservative state: The 1 percent pay a significantly lower percentage of their income in state and local taxes than middle-income residents.
Barbara Boxer and Rand Paul Create A Tax Monster
A former Campaign for America’s Future “Progressive Champion” and a libertarian Republican have jointly created a Frankenstein of a plan that pardons corporations for their past tax avoidance.
Corporate Tax Break Scheme Is Gaining A Momentum We Must Stop
Politicians in both parties and in both houses are coalescing around a plan to pay for transportation improvements by giving corporations a deep tax break on profits they have held overseas.