Corporate Tax Myths
Beyond discussion of the statuatory rate, corporate tax loopholes make the posted rate meaningless, making it more illuminating to look at the effective rate.www.policyshop.net
Tax loopholes helped Romney get far ahead
But loopholes bought and paid for by the 1 percenters (many of whom are architects of the worldwide economic downturn) and who are Romney's backers might just tell an embarrassing story when voters struggling to survive get a peek at Romney's tax ...blog.syracuse.com
Paul Ryan's plan would reduce corporate taxes, close tax loopholes
Ryan's plan, known as the "Path to Prosperity," seeks to reduce the corporate tax rate from 35 percent to 25 percent and close tax loopholes - but Ryan has yet to specify which ones. Details about which loopholes he's referring to won't be disclosed ...www.washingtonpost.com
Darrell Issa defends Mitt Romney's use of tax loophole
(Also on POLITICO: Issa: Romney will take on tax, entitlement reform). "The fact is business, rightfully so, reacts to the stimuli and they should," Issa said at an economic forum hosted by POLITICO.www.politico.com
Bill to kill corporate tax loopholes would lower college tuition
Bill to kill corporate tax loopholes would lower college tuition. By HANNAH DREIER, Associated Press Published: Aug 14, 2012 at 7:20 PM PDT Last Updated: Aug 14, 2012 at 7:20 PM PDT.www.bakersfieldnow.com
Legislators sneak in more tax loopholes despite added scrutiny
Kasich's goal isn't to boost revenue; he wants to offset the revenue gains from closing loopholes with a broad lowering of business income taxes. The Ohio Department of Taxation calculates the total cost to the state of tax exemptions at the time it ...www.crainscleveland.com
When firms pay CEOs more than Uncle Sam, the tax system is broken
The top five corporate users - or abusers - of this particular loophole had a combined $232 million in deductible "performance-based" pay last year.www.latimes.com
Taxpayers Subsidize CEO Pay, Report Says
"Some leaders are saying we need to reduce the corporate tax burden even more while major companies are taking advantage of loopholes to lower their tax bill.abcnews.go.com
CD1 Dems look to up taxes on rich
Flagstaff attorney Wenona Benally Baldenegro would support ending Bush-era tax cuts for the wealthy, raising corporate taxes, and closing tax loopholes to resolve a standoff over the debt ceiling. Automatic tax increases and substantial cuts at most ...azdailysun.com
Eliminating Tax Loopholes Is the New Waste, Fraud, and Abuse
We're going to fix this relationship by learning to talk with each other. I'm going to lose weight by eating less and exercising.www.businessweek.com
Portal As new video: Prop. 39
Paid for by Yes on 39, the ad turns corporate tax dodging into an Olympic sport in the "California Out-of-State Corporate Tax Dodger Dash." Prop. 39 would close a tax loophole that gives an advantage to out-of-state corporations in California. The ...blog.sfgate.com
Dan Walters Daily: Why do Democrats support a tax loophole?
August 23, 2012. Dan Walters Daily: Why do Democrats support a tax loophole? VIDEO: Dan Walters wonders why Democrats who decry tax loopholes are interested in extending one for the film industry.blogs.sacbee.com
Assembly leader offers repeal of fire fee as part of tax compromise
The offer is Pérez's latest effort to win support for a bill that would close what he sees as a corporate tax loophole to raise $1 billion for scholarships for middle-class college students in California. The Assembly voted last week to approve Pérez's ...latimesblogs.latimes.com
Corporations Embrace Tax Loopholes
Though it made $1.4 billion in profits last year, Traveler's insurance recevied a $176 million tax refund from the Internal Revenue Service.cheshire.patch.com
GOP lawmaker quits leadership post after vote closing corporate tax break that ...
State Assemblyman Brian Nestande resigned Tuesday from a Republican leadership post after providing the lone GOP vote on a bill that would close a tax loophole for out-of-state corporations. PHOTO: Assembly Minority Leader Connie Conway, of Tulare, ...www.therepublic.com
Gut-and-amend bill links repeal of fire fee with corporate tax hike
While Pérez and Democrats have characterized AB 1500 as closing a corporate tax loophole, most Republicans have painted it as a billion dollar corporate tax increase.blogs.sacbee.com
Romney Declares Corporate Loopholes Off the Table in Tax Reform
Now, though, the campaign has clarified that none of the cost of his proposal to cut corporate taxes by about $1 trillion would be paid for by eliminating corporate tax breaks or tax loopholes. That trillion-dollar revenue loss can only be made up by ...www.democraticunderground.com
End offshore tax loopholes
While attention focuses on congressional action on the Bush tax cuts, another tax bill is quietly tiptoeing through the Senate.www.clintonnews.com
California lawmakers move to tie fire fee's repeal to corporate tax
"We're on the goal line with defeating the fire tax," he said. "Why in the world would we step back 10 yards and kick a field goal?www.sacbee.com
Romney Plan Would Raise Taxes On Middle Class To Finance Massive ...
In its analysis, TPC assumed Romney would pay for the corporate tax cuts by closing loopholes in the corporate tax code, but this week, the Romney campaign said that was not the case. Instead, the campaign told TPC that "cuts in corporate tax ...thinkprogress.org
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