April 14, 2017 -
The 35 percent federal corporate income tax rate is a myth, according to a new Institute on Taxation and Economic Policy report that studied 258 consistently profitable Fortune 500 firms over an eight-year period. Among the sectors that paid the least were electric utilities and oil, gas and pipeline companies.
April 5, 2016 -
BP will be able to write off most of the $20 billion settlement it has agreed to pay for its 2010 Deepwater Horizon oil spill as an ordinary business expense, resulting in a potential tax windfall of over $5 billion.
April 10, 2015 -
The current field of declared and soon-to-be declared presidential candidates includes politicians who've gone to bat for tax avoiders -- and have sought to avoid taxes themselves.
September 3, 2014 -
For decades, Florida-based Burger King has been treated as a pawn in the financial machinations of global corporations and buyout firms. Now its owners want U.S. taxpayers to help underwrite the latest scheme.
April 15, 2014 -
A by-the-numbers look at who pays, who doesn't, and where the money goes.
February 3, 2014 -
Two new reports from Good Jobs First take a critical look at public assistance for large corporations. One compares revenue loss from corporate subsidies and tax breaks to public employee pensions, while the other looks at how fully states disclose public assistance to corporations.
May 29, 2013 -
In 2010, Rep. Joe Barton of Texas retracted his apology to BP for the Obama administration's effort to get compensation for those affected by the Gulf oil disaster. Will Sen. Rand Paul of Kentucky have to do the same with his call for the Senate to apologize to Apple for criticizing the company's brazen tax dodging?