It's easy to cast Apple and other multi-national corporations as the villains in avoiding corporate taxes, but our whole corporate tax system is to blame for millions in lost revenue.
Well, that was quick. Apple CEO Tim Cook just went from being grilled on tax evasion to being joked with in the middle of a Senate hearing.
Apple's head faces questions from the Senate on how the company manages its tax liabilities and keeps substantial funds offshore. Expect lots of heat but little light from this meeting.
Stories of IRS abuse are both legendary and historically accurate. It is time to repeal the income tax and the Internal Revenue Service.
Bill Gates and Warren Buffett, among others, claim that the wealthy should pay more taxes to help reduce the deficit.
Senator Rand Paul (R-Ky.) is blocking a bill cracking down on offshore tax havens in an attempt to stop the IRS from developing a database of Americans' financial assets.
With debt looming and ambiguous statements involving taxes abound, Obama must consider an overhaul of tax expenditures.
According to Gallup, a record high 52% of Americans now want government to "redistribute wealth by heavy taxes on the rich.” This disturbing trend also helps explain the 2012 election result.