Business

Tim Cook Senate Hearing: How Did Apple Avoid $44 Billion in Taxes?

Tim Cook Senate Hearing: How Did Apple Avoid $44 Billion in Taxes?

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.

  • 15
  • 44 Comments
  • 16 Shares
Tim Cook Hearing: John McCain Sums Up How Useless Congress is in 10 Seconds

Tim Cook Hearing: John McCain Sums Up How Useless Congress is in 10 Seconds

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.

  • 5
  • 3 Comments
  • 4 Shares
Tim Cook Senate Hearing: How We Can Stop Corporations From Hiding Money Overseas

Tim Cook Senate Hearing: How We Can Stop Corporations From Hiding Money Overseas

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.

  • 6
  • 2 Comments
  • 1 Shares
IRS Scandals: To Prevent Another One, Abolish the IRS and Replace It With Fairtax

IRS Scandals: To Prevent Another One, Abolish the IRS and Replace It With Fairtax

Stories of IRS abuse are both legendary and historically accurate. It is time to repeal the income tax and the Internal Revenue Service.

  • 25
  • 53 Comments
  • 127 Shares
Bill Gates: Tax the Rich More to Help Reduce Deficit

Bill Gates: Tax the Rich More to Help Reduce Deficit

Bill Gates and Warren Buffett, among others, claim that the wealthy should pay more taxes to help reduce the deficit.

  • 2
  • 16 Comments
  • 12 Shares
Rand Paul 2016: Fight Against Tax-Haven Bill Could Hint At Presidential Run

Rand Paul 2016: Fight Against Tax-Haven Bill Could Hint At Presidential Run

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.

  • 6
  • 2 Comments
  • 9 Shares
Tax Reform 2013: Why It'd Fix Our Debt Without Cutting Entitlements

Tax Reform 2013: Why It'd Fix Our Debt Without Cutting Entitlements

With debt looming and ambiguous statements involving taxes abound, Obama must consider an overhaul of tax expenditures.

  • 1
  • 6 Comments
  • 0 Shares
A Record Number Of Americans Want Government to Be More Like Robin Hood, Redistribute Wealth

A Record Number Of Americans Want Government to Be More Like Robin Hood, Redistribute Wealth

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.

  • 38
  • 202 Comments
  • 55 Shares