Economy

Fewer Americans Now View Their Income Taxes as Fair

Fewer Americans Now View Their Income Taxes as Fair
This Tax Day, 55 percent of Americans regard the income taxes they have to pay as fair, the lowest percentage Gallup has measured since 2001.
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New 'Tax Evaders' Game Lets Taxpayers Blast Corporate Tax-Dodgers

New 'Tax Evaders' Game Lets Taxpayers Blast Corporate Tax-Dodgers
American taxpayers nationwide now have the opportunity to blast some of our country’s biggest tax-dodgers in a new video game, “Tax Evaders," which allows everyday taxpayers to blast tax-evading corporations like Bank of American, General Electric, Wells Fargo and more.
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Corporate Tax Cheats on Tax Day: A Descent Into the Circles of Hell

Corporate Tax Cheats on Tax Day: A Descent Into the Circles of Hell
Navigation through the hellish forms of the Securities and Exchange Commission is fraught with anguish and pain and bewilderment, causing the visitor to beg for release from its devilish grasp, to shudder when recalling the sign at the entrance: "Abandon all hope, ye who enter here."
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The Biggest Republican Lie — ‘America Is Broke’

The Biggest Republican Lie — ‘America Is Broke’
The big lie in American politics today is that “America is broke” or “in this time of austerity we have to tighten our belts.” America is not broke. We are not in a time of “scarcity” and when we buy into this fallacy, we contribute to political decisions that actually will do damage to our standard of living and that of our children.
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Everything We Know About What’s Happened Under Sequestration

Everything We Know About What’s Happened Under Sequestration
When the annual White House Easter Egg Hunt faced cancellation this year due to the package of mandatory budget cuts known as sequestration, the National Park Service kicked into high gear. It rescued the event — held since 1878.
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KPMG Senior Partner Caught for Insider Trading

KPMG Senior Partner Caught for Insider Trading
KPMG, the fourth biggest accounting firm in the world, has announced that it has fired Scott London, one of its top partners. New reports indicate that London was let go for providing insider information on two companies – Herbalife and Skechers.
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The President’s Budget: A Misguided Mission Statement

The President’s Budget: A Misguided Mission Statement
We need a transformational president who will rouse Americans to address the challenges we face, not a transactional mediator who offers preemptive concessions to get a deal that ignores those challenges. Deficits are not our problem.
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Cut Social Security to Destroy the Recovery

Cut Social Security to Destroy the Recovery
President Obama picked the very day that new job creation collapsed to propose a deflationary budget deal featuring cuts in Social Security and Medicare. This is perverse economics and worse politics, on several grounds.
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Obama's 'Rising American Electorate' Hardest Hit By the Economy

Obama's 'Rising American Electorate' Hardest Hit By the Economy
The rising American electorate is sinking together in this economy. The faltering jobless recovery isn’t working for most working families. Over 20 million are still in need of full-time work. Wages and family income are falling.
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Offshore Tax Havens Cost Average Taxpayer Over $1,000 a Year

Offshore Tax Havens Cost Average Taxpayer Over $1,000 a Year
Corporations often park their profits overseas to avoid paying taxes on them. The U.S. Public Interest Research Group released a report yesterday detailing the costs that this has on the average U.S. taxpayer and on small businesses.
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