How Ireland Became an Offshore Financial Center
Offshore financial centres are a political and economic phenomenon that goes far beyond secrecy, and Ireland makes a remarkable case study.
Read more...Category Archives: Taxes
Support Elizabeth Warren, and Other Senators in IRS Crack Down on Private Equity Tax Abuse
Please provide your comment on regulatory guidance, um, crackdown, proposed by the IRS on a private equity tax abuse, management fee waivers.
Read more...Fifty Shades of Tax Dodging: How EU Helps Support Unjust Global Tax Systems
Tax is a major way to create incentives. Thus the debate about whether corporations should pay more taxes is not naive as the plutocrats would have you believe.
Read more...Is the Billionaire-Creating Carried Interest Loophole an Endangered Species?
An internationally recognized tax expert told me a few months ago that the widely-mislabeled “carried interest” loophole was on its deathbed. A new PBS video lends some support to this bold call.
Read more...5 of the Biggest Acts of Corporate Hypocrisy in America
Socialism for the rich is inherently hypocritical….but which forms of corporate truth-distortion are the most brazen?
Read more...How Much Money Does the 1% Have Hidden in Tax Havens?
UC Berkeley professor Gabriel Zucman is doing pathbreaking work on tax havens. HIs estimates of how much the rich hide in them are eye-popping.
Read more...How ‘Competitive’ Tax and Incentive Policies Hurt Small U.S. Businesses
Supposedly ‘competitive’ policies on tax favor multinational firms over smaller, locally-based ones and also reduce market competition.
Read more...Elizabeth Warren, Other Senators Back IRS in Cracking Down on Private Equity Tax Abuse, Management Fee Waivers
One big private equity tax abuse, management fee waivers, is on its way out. Will others follow?
Read more...Nicholas Shaxson: Why a ‘Competitive’ Economy Means Less Competition
Nicholas Shaxson explains how a “Competitiveness Agenda” is being used to set industrial policies that favor the creation of what used to be called “national champions,” as in Really Big Companies. Never mind that neoliberals officially oppose anything so interventionist as industrial policy….
Read more...Frances Coppola: Rethinking Government Debt and Monetary Sovereignity
Debunking the uniformed and regularly hysterical mainstream treatment of government debt and deficits.
Read more...Why You Should Care About CalPERS’ Staff’s and Board’s Incompetence in Private Equity and What You Can Do About It
Why you need to help CalPERS kick its bad private equity habits.
Read more...CalPERS’ Senior Investment Officer Flouts Fiduciary Duty by Refusing to Answer Private Equity Questions
In the last CalPERS Investment Committee meeting, one of the most revealing incidents took place when Investment Director Christine Gogan repeatedly refused to answer a simple, direct question about a widely-used private equity tax abuse, management fee waivers.
Read more...Why Tax Havens Will Be at the Heart of the Next Financial Crisis
Examining an excellent in-depth investigation by Reuters into global financial stability issues, and the role of tax havens in this giant game of pain and plunder.
Read more...VICE News: “Why Pay Your Taxes?”
This Vice News segment makes the normally dry and daunting subject of taxes (really tax policy) accessible and entertaining. Plus it features Lee Sheppard.
Read more...Bill Black: Republican Candidates Agree that the System is Rigged for the Rich
The Republican candidates for President all made shameless appeals for even more plutocracy, in particular preferential treatment for the rich.
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