Keyword: corporate

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  • The United States Is Already a Low-Tax Country(barf alert)

    12/13/2017 4:14:00 PM PST · by Ennis85 · 10 replies
    The Atlantic ^ | December 12th 2017 | Annie Lowrey
    The United States is a low-tax country. This is not a widely accepted point, granted. The share of Americans who say that their taxes are too high is at roughly 50 percent, a 15-year peak. Moreover, Republicans have sold their tax bill as an essential tax cut for America’s income-starved, tax-strangled families and businesses, promising to deliver $4,000 a year to the average family and huge boosts to corporate investment. “Today, America has one of the least competitive tax rates on planet Earth, 60 percent. Think of that, 60 percent higher than the average in the developed world. So our...
  • Republicans Stick With Big Corporate Tax Cuts in House Bill

    11/02/2017 7:01:18 AM PDT · by rb22982 · 25 replies
    WSJ ^ | 11/2/17 | Richard Rubin
    WASHINGTONHouse Republicans, seeking the biggest transformation of the U.S. tax code in more than 30 years, aim to permanently chop the corporate tax rate from 35% to 20%, compress the number of individual income tax brackets, and repeal the taxes paid by large estates starting in 2024, according to a detailed summary of the plan reviewed by The Wall Street Journal. To partly offset that lost revenue, Republicans plan to curtail the deductions individuals take for state and local tax payments and the ones businesses get for the interest they pay on debt. But the plan being released Thursday morning...
  • DNC creates new restrictions for corporate donations (as donors dry up)

    10/22/2017 4:57:38 PM PDT · by Libloather · 12 replies
    The Hill via MSN ^ | 10/21/17 | John Bowden
    The Democratic National Committee (DNC) on Saturday passed a resolution banning donations from corporate contributors whose areas of interest come into conflict with the DNC's stated values. The resolution, which was introduced by California member Christine Pelosi, passed unanimously. Pelosi is the daughter of House Minority Leader Nancy Pelosi (D-Calif.) Pelosi has introduced similar resolutions before that were shot down over concerns over which industries the measures would target. The move was celebrated on Twitter by progressive members of the Democratic Party who have been pushing to reduce corporate influence in the party.
  • Technocratic Corporate Global Government Moving To Install Martial Law, Overthrow Trump...

    08/21/2017 1:57:11 PM PDT · by davikkm · 24 replies
    IWB ^ | Ruby Henley
    Who is Antifa? Antifa started out in the blue-collar factories in Nazi-Germany in opposition to Hitler. On the ground-level, Antifa had the best of intentions. However, they eventually became a tool of the Far-Left under the control of George Soros to further His agenda. It is sad to see an organization, which had its roots in Nazi-Germany opposing Hitler, fall under the control of a man, who was in fact a Nazi collaborator. George Soros is a Hungarian Jew, who is responsible for turning in other Hungarian Jews over to the Nazi SS for extermination. This is the man who...
  • Exelon, Microsoft among latest donors to Obama Foundation

    07/14/2017 1:15:39 PM PDT · by ptsal · 9 replies
    Chicago Tribune ^ | July 14, 2017 | Manya Brachear Pashman
    Refer to the link or the headline.
  • Hackers Hit Dozens of Countries With a Stolen N.S.A. Tool

    05/12/2017 1:00:35 PM PDT · by Oldeconomybuyer · 28 replies
    New York Times ^ | May 12, 2017 | By DAN BILEFSKY and NICOLE PERLROTH
    Hackers using a tool stolen from the United States government conducted extensive cyberattacks on Friday that hit dozens of countries around the world, severely disrupting Britains public health system and wreaking havoc on computers elsewhere, including Russia. The tool was leaked by a group calling itself the Shadow Brokers, which has been dumping stolen N.S.A. hacking tools online since last year. Microsoft rolled out a patch for the vulnerability in March, but hackers apparently took advantage of the fact that vulnerable targets particularly hospitals had yet to update their systems. The malware was circulated by email. Targets were...
  • Jamie Dimon Warns "Something Is Wrong" With The US

    04/04/2017 4:50:03 PM PDT · by vannrox · 27 replies
    zero hedge ^ | 4apr17 | Tyler Durden
    While Jamie Dimon tried to maintain his traditionally optimistic outlook in his annual letter to shareholders, there was a distinct undertone of pessimism in the latest 45 page letter released earlier today, in which he writes that while the U.S. is "truly an exceptional country," probably stronger than ever before, he cautions that "something is wrong - and it's holding us back."Here are the highlights from the gloomy passage reposted below in its entirety.Dimon's letter notes that the economy has been growing much more slowly in last decade or two than in the 50 years before then, with real...
  • People First or Well Connected Developers?

    03/10/2017 9:27:17 AM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 3/10/2017 | Michael LaFaive
    The Michigan Senate has advanced legislation that amounts to handing taxpayer cash over to well-connected developers. According to the nonpartisan Senate Fiscal Agency, the bills would transfer up to $1.8 billion from regular taxpayers to these special interests over the next 20 years. Meanwhile, on the other side of the Capitol, a state House committee has advanced legislation to deliver some income tax relief to regular Michigan families. The bill would roll back a temporary tax hike imposed by Democrats in 2007 and made permanent by Republicans in 2012. That tax hike has extracted at least $6.3 billion from families...
  • FL Amendment 1 "Smart Solar" scam

    10/15/2016 2:58:29 PM PDT · by plsjr · 14 replies
    Self ^ | 10/15/2016 | Self
    Florida voters, please do your homework. The PAC behind this amendment is massively funded by th FL utility companies, who are not interested in changes that do not benefit their bottom line. http://www.bradenton.com/news/local/article94661792.html http://www.tallahassee.com/story/opinion/2016/10/15/amendment-burn-solar-firms-customers/92156076/
  • Earnest Stumped Lame, Death To America Reasons He Says Obama Must Pass TPP

    09/29/2016 1:04:45 AM PDT · by Beowulf9 · 6 replies
    Constitutionrising.com ^ | September 28, 2016 | Rick Wells
    The reporter asks White House spokesliar Josh Earnest questions regarding the determination of Hussein Obama to force through what should be titled the Corporate Government Fascism Enablement And Benefits Act, what is deceptively marketed as a trade agreement, TPP. The Trans-Pacific Partnership is strongly opposed by Donald Trump and Hillary Clinton claims to have flip-flopped her position and now be opposed to it. Thats a point that Donald Trump made in the first debate, that she was initially in favor of it and her newfound dedication to its defeat is tepid at best. He also voiced his belief that if...
  • Some Business Leaders Abandon GOP (barf alert)

    06/23/2016 1:22:42 PM PDT · by KeyLargo · 29 replies
    The Wall Street Journal ^ | June 23, 2016 | Laura Meckler
    Politics Election 2016 Several GOP Business Leaders Are Backing Clinton Democratic presidential candidate to get backing from executives, some of whom cite unease with Trumps candidacy By Laura Meckler June 23, 2016 12:09 a.m. ET More than 50 business executives, including several longtime Republicans, endorsed Hillary Clinton for president on Thursday as her campaign seeks to capitalize on discomfort with Republican Donald Trump. They include Jim Cicconi, senior executive vice president at AT&T Services Inc., and Dan Akerson, who held top positions at General Motors Co. and Nextel Communications Inc. A Clinton campaign aide provided the list. The endorsements reflect...
  • Some shocked by estate claims after signing up with MNsure

    02/16/2016 11:14:51 AM PST · by Twotone · 68 replies
    Duluth News Tribune ^ | Feb. 14, 2016 | John Lundy
    Scott Killerud was about to throw away a mailing about the 2016 enrollment period for MNsure last November when something caught his eye. "Just as I was going to drop it in the trash, I was like - wait a second. What did I just read?" the Pine County farmer said.
  • Obama and Congress Support Foreign Workers over Americans!

    01/05/2016 12:01:53 PM PST · by Sean_Anthony · 5 replies
    Canada Free Press ^ | 01/05/16 | Leigh Bravo
    Does the United States actually have a shortage of qualified workers or is our government selling us down the proverbial garden path in favor of their biggest supporters....the corporate bottom line? Happy New Year America! While you were out celebrating the passage of the new year, President Obama was busy signing another Executive Order that increases the number of Foreign Workers allowed in the United States. He has once again, bypassed Congress and is breaking quotas established by the Immigration and Nationality Act (INA) of 1952. Before the New Year, Congress passed an omnibus spending bill that dramatically increased the...
  • House Members Right to Be Skeptical of Server Farm Favors

    12/07/2015 9:36:18 AM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 12/5/2015 | Jack McHugh
    The House Tax Policy Committee plans to take up legislation Dec. 1 to give special tax exemptions to the developers of a data center in the former Steelcase “Pyramid” building outside Grand Rapids, which was recently purchased by a California developer. This fits a pattern of lawmakers becoming dazzled by promises surrounding a fad industry or development scheme. A “this might just work” feel takes hold in their caucuses — but only if lawmakers give special favors to the developer. The data center is the latest project dangled before policymakers. But before making any deals legislators should consider the record...
  • Scientists: Aborted fetal tissue essential for research [Mark 6 - Herodian Choice]

    08/27/2015 12:09:47 PM PDT · by Jan_Sobieski · 64 replies
    Children of God for Life ^ | 8/15/2015 | Staff
    (Largo, FL) With the exposure of Planned Parenthoods activities in procuring aborted babies for scientists, the media is buying into the lie that this is life-saving research. In a recent article picked up by the AP and published in US News, the hysterics were evidenced by the headlines Amid uproar over anti-abortion videos scientists say fetal tissue essential for research. The article starts out sounding like talking points for Planned Parenthoods Cecile Richards by quoting from Stanford University spokesperson Lisa Lapin: If researchers are unable to work with fetal tissue, there is a huge list of diseases for which researchers...
  • The following companies support the homosexual movement by funding their political terrorism:

    04/01/2015 7:43:01 PM PDT · by Steelers6 · 71 replies
    Right Scoop ^ | April 1, 2015 | Steelers6
    AT&T,Inc. Abercrombie & Fitch Aetna American Express American Airlines Apple Computers BP Bank of America Barnes and Noble Best Buy Boston Scientific Chevron Chrysler Corporation Citi Coca Cola Cox Enterprises Credit Suisse Deloitte Dell Diageo Ernest & Young LLP The Gap General Mills Goldman Sachs Google Hershey's Hewlett-Packard (HP Computers) Home Depot IBM JPMorgan Chase & Co. Las Vegas Convention and Visitors Authority Levi-Strauss Lexus The Limited Lincoln Financial Group MGM Resorts International Macy's Inc Metlife Microsoft Mitchell Gold & Bob Williams Morgan Stanley Nationwide Insurance Nike Nordstrom's Northrup Grumman Office Depot Orbitz PepsiCo Prudential Replacements LTD Shell Showtime Staples...
  • Obama ties foreign profits tax to public works

    02/01/2015 6:16:45 AM PST · by C19fan · 22 replies
    AP ^ | February 1, 2015 | Jim Kuhnhein and Andrew Taylor
    President Barack Obama's budget will propose an ambitious six-year, $478 billion public works program of highway, bridge and transit upgrades, half of it financed with a one-time mandatory tax on profits that U.S. companies have amassed overseas, White House officials said. The proposal, one of the main components of the $4 trillion spending plan for the 2016 budget year that Obama will send to Congress on Monday, attempts to tap into bipartisan support for spending on badly needed infrastructure repairs and construction. The tax on accumulated foreign profits, to be paid once, would be set at 14 percent, significantly lower...
  • Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110K

    01/26/2015 3:41:54 PM PST · by Libloather · 108 replies
    Daily Mail ^ | 1/26/15 | Thomas Burrows
    Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the world IBM is preparing to scrap 110,000 of its global 430,000 workforce in the biggest corporate cull in the computer giant's history, a report has revealed. The company will make the job cuts this week under a plan known internally as 'project chrome', according to US technology blogger Robert Cringely on Forbes website. IBM is in the process of layoffs, as disclosed in its latest earnings report last week but said the number of job losses was significantly...
  • Medtronic Seals Deal with Covidien

    01/07/2015 4:00:24 PM PST · by TurboZamboni · 5 replies
    Pioneer Press ^ | 1-7-15 | David Fondler and Tom Webb
    Storied Minnesota medical-device company Medtronic will move its headquarters to Ireland after shareholders approved a merger Tuesday with Dublin-based health care supplier Covidien. The controversial $43 billion "inversion" deal will allow the new company, to be called Medtronic PLC, to reduce its corporate tax liability as it repatriates cash stored overseas. But the deal has irked longtime Twin Cities shareholders, who will face significant capital gains taxes on their Medtronic holdings. In preliminary vote totals, shareholders representing about 75 percent of Medtronic's outstanding shares approved the deal, general counsel Brad Lerman announced to a special shareholder meeting in Minneapolis. And...
  • Liz Warren Asks Imperial President to Mandate Corporate Patriotism

    08/06/2014 6:56:06 PM PDT · by Kaslin · 45 replies
    Townhall.com ^ | August 6, 2014 | Michael Schaus
    Not content with imposing the highest corporate tax structure in the free world, Democrat hacks in the legislature are now asking the Imperial President to unilaterally take action. A group of tax happy corporate protectionists are hoping the President uses his "pen and his phone" to start punishing American businesses that have the audacity to lower their corporate tax burden. Elizabeth Warren (D-Mass), Dick Durbin (D-Ill), and Jack Reed (D-RI), have crafted a letter (yeah It took three of them) to President Obama requesting that action be taken toward businesses that have sheltered themselves from some US taxes. According to...