Tax Freedom Day three days later

While the little people see their tax burden increase, big business hides in offshore accounts.
‘Tax Freedom Day’ falls three days later this year
Read more: http://dailycaller.com/2014/04/07/tax-freedom-day-falls-three-days-later...

Today in corporate tax avoidance: Caterpillar's 'pink elephant'
http://www.latimes.com/business/hiltzik/la-fi-mh-caterpillars-pink-eleph...
Quote from article:
"Forget about jazz; the true indigenous American art form is the tax dodge. Today brings us (courtesy of Sen. Carl Levin's subcommittee on investigations) an impressively elegant example from Caterpillar Inc.
Elegant and lucrative too: Levin's committee says Cat's maneuver has saved it $2.4 billion in taxes since 2000. On the downside, the company had to pay PricewaterhouseCoopers, which cooked up the dodge as Caterpillar's tax consultant and also approved it as Caterpillar's corporate auditing firm (this is known as one hand shaking the other), a fee of $55 million.
The Caterpillar case, which will be aired at a Capitol Hill hearing today, is part of a series of investigations of corporate offshore tax avoidance issued by Levin, a Michigan Democrat.
Levin's most noteworthy previous hit involved Apple, which vested a large portion of its intellectual property rights in an Ireland affiliate that supposedly accounted for 30% of the company's profits. By exploiting the cracks between the tax rules in Ireland and the U.S., Apple avoided paying tax to any country on those profits. Levin calculated Apple's tax savings from that arrangement and a few others at $7.7 billion in 2011 alone."
(more)
http://www.latimes.com/business/hiltzik/la-fi-mh-caterpillars-pink-eleph...

Exclusive - Matt Taibbi Extended Interview Pt. 1
Aired: 04/07/2014 | Views: 1,453
In this exclusive, extended interview, author Matt Taibbi discusses wanting to spark a conversation about socially accepted white-collar crime with his book "The Divide." (6:50)
http://thedailyshow.cc.com/guests/matt_taibbi/khg75d/exclusive---matt-ta...

Pt.2
http://thedailyshow.cc.com/guests/matt_taibbi/qxzioe/exclusive---matt-ta...

http://www.lawyersgunsmoneyblog.com/2012/06/a-little-story-about-an-anci...

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Kasich Has Shifted Tax Burden To Ohio’s Working Class Families
http://www.plunderbund.com/2014/02/20/kasich-has-shifted-tax-burden-to-o...

Citizens for tax justice
Big News in Ohio: Governor's Unfair Tax Cut Plan Unveiled
http://www.ctj.org/taxjusticedigest/archive/state_tax_issues/ohio/#.U0QJ...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

CORRECTION

Ohio's tax revenue that was due to corporate incomes, has fallen steadily as a share of overall tax revenue, since about the 1980s, regardless of who was in office (since of course Ohioans are too cowardly to put Libertarians in office, who would assess and collect taxes both fairly and completely).

This isn't just Kasich. It's also the next Democrat Governor that Ohio puts in place. Or the Republican Governor. It just doesn't matter.

School districts ask voters for boosts
Sylvania cites lost funding; Bedford eyes extensive projects

Read more at http://www.ourtownsylvania.com/Education/2014/03/31/School-districts-ask...
Quote:
"Sylvania Superintendent Brad Rieger said his district’s levy request is in response to an $11 million decrease in state funding since 2010 and a drop in property valuations.
“This levy would help us recoup a portion of that money that we’ve lost ... the last four years and to maintain the financial stability of the district,” he said."

Read more at http://www.ourtownsylvania.com/Education/2014/03/31/School-districts-ask...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Why do you care?

MikeyA

Would you prefer that Columbus (or in your case, Lansing) siphon away our money and return only a percentage of it to local communities or leave it to the citizens of those communities to decide the appropriate level of taxation to sustain public school district funding and government services? Or in a different context, and since you worked at Jeep, is it better that members of a union local have a say in how their dues are spent or should they shut up and send all the dues money to the national UAW headquarters to use as it pleases?

Patience is a great virtue.

Would you prefer that Columbus (or in your case, Lansing) siphon away our money and return only a percentage of it to local communities or leave it to the citizens of those communities to decide the appropriate level of taxation to sustain public school district funding and government services? Or in a different context, and since you worked at Jeep, is it better that members of a union local have a say in how their dues are spent or should they shut up and send all the dues money to the national UAW headquarters to use as it pleases?

Patience is a great virtue.

The site timed out on me. I blame Chris for the double-post.

Patience is a great virtue.

The Sheldon Adelson Suck-Up Fest
Republican contenders prostrated themselves for the casino mogul's favor—a vivid illustration of who owns the GOP.
http://www.theatlantic.com/politics/archive/2014/04/the-sheldon-adelson-...
Quote:
"The billionaire beckoned, and the Republicans scurried to answer his call.
On Friday night in Las Vegas, Sheldon Adelson pulled up to his private airplane hangar in twin powder-blue Maybach limousines. (The second was for his bodyguards.) Inside, the rich and right-wing were gathered to hear from Jeb Bush, a private audience whose exclusivity seemed to signal the former Florida governor's privileged position in the suck-up contest.
Three other Republican leaders—New Jersey Governor Chris Christie, Wisconsin Governor Scott Walker, and Ohio Governor John Kasich—were consigned to the public program of the event, which was ostensibly a meeting of the Republican Jewish Coalition. But everybody knew what it was really about: impressing Adelson."

Donors Unchained
Aired: 04/03/2014 | Views: 191,633
The Supreme Court does away with yet another limit on campaign funding, finally ridding America of the corrosive influence of not enough money in politics. (5:44)
http://thedailyshow.cc.com/videos/74yxyf/donors-unchained

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

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