Call their bluff. Take the plunge. Go over the cliff. Let the government default on its bonds.
The CEOs who belong to the corporate lobby group “Fix the Debt” are pushing for a tax “reform” that could, details a new Institute for Policy Studies report, cost the federal treasury as much as $173 billion. In the meantime, these same CEOs are complaining that the nation can no longer afford Social Security as we know it.
Europe’s big banks and vulture hedge funds should pay the price for austerity, not government workers and the poor.
To keep corporate income taxes low, either we have to keep individual income taxes high or we have to cut back on government services. In other words, it’s corporations versus people. That’s not class warfare. That’s simple arithmetic.
CEOs Get Massive Rewards for Dodging Corporate Taxes As the Super Congress eyes trillions in budget cuts that will undermine the quality of life for most Americans, here’s a stunning fact to contemplate: Twenty-five hugely profitable U.S. companies paid their CEOs more last year than they paid Uncle Sam in taxes. In other words, the […]