Business

Tim Cook Senate Hearing: Are Apple's Tax Avoidance Schemes Savvy Or Scummy?

Tim Cook Senate Hearing: Are Apple's Tax Avoidance Schemes Savvy Or Scummy?

Congressional criticism of Apple for using perfectly legal tax loopholes is lazy and misguided.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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