loopholes

Boycott Proves to Be the Best Medicine: Walgreens Announces It Will Remain 'American'

Boycott Proves to Be the Best Medicine: Walgreens Announces It Will Remain 'American'
Walgreen corporate executives have decided that a "corporate inversion," a loophole that allows an American company to purchase a stake in a foreign company and then avoid paying U.S. taxes, "is not in the best long-term interest of stockholders." Good plan.
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Sodexo Tries, Fails to Screw Workers With ACA Loophole

Sodexo Tries, Fails to Screw Workers With ACA Loophole
Sodexo tried to screw workers out of healthcare last year, using a loophole in the ACA to calculate hours in a way that made certain employees ineligible. Backlash from the unions up to the Obama administration made the company reverse course.
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EU Investigates Apple, Starbucks and Fiat to Close Tax Loopholes

EU Investigates Apple, Starbucks and Fiat to Close Tax Loopholes
The European Union's antitrust regulator has launched an investigation into tax deals that Apple, Starbucks and Fiat struck with some European countries, the start of a wider push to keep multinationals from taking advantage of loopholes. "When public budgets are tight and citizens are asked to make efforts to deal with the consequences of the (financial) crisis, it cannot be accepted that large multinationals do not pay their fair share of taxes," EU antitrust commissioner Joaquin Almunia said.
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Toby Sterling
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Ending Corporate Tax Dodging Would Cut Deficit By Twice As Much As Hiking Medicare Age

Ending Corporate Tax Dodging Would Cut Deficit By Twice As Much As Hiking Medicare Age
Earlier this month, the Congressional Budget Office said we could raise $114 billion over ten years — twice as much as raising the Medicare age — by limiting corporate tax deferrals.
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