Category Archives: Taxes

U.S. Corporations Don’t Need Tax Breaks on Foreign Profits

Why a proposal to lower the tax rate on corporate funds that are “offshore” only from a tax perspective is just another corporate gimmie.

Global Tax Dodging Just One Part of Pfizer’s Corrupt Business Model

Pfizer whines about needing higher drug prices, when rather than investing, it has spent over 100% of its profits on stock buybacks and dividends.

New Studies: Do ‘Competitive’ Corporate Tax Cuts Boost Growth?

A new study devastates the widely-touted claim that corporate tax cuts promote growth.

The Bigger Significance of CalPERS’ Private Equity Carry Fee Release: Another Nail in the Carried Interest Tax Loophole Coffin

Why the CalPERS carry fee disclosure could affect the debate over ending the carried interest loophole.

Cameron Murray: Unpopular Economic Opinions

1. School is mostly about indoctrination into the national identity. It is also about child care, and for older children, about keeping them out of the labour force. If we were honest we could talk about education policy with this in mind, though no one does (okay, there are some exceptions).

10 Economic Facts that Power the Sanders Insurgency

Why are so many drawn to the Sanders message? It’s because so many of us want to stop our entire society from crumbling beneath the destructive power of runaway inequality.

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.

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.

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.

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.