Tag Archives: Taxes

Apple CEO Defends Company’s Tax Record

Cook said that Apple Inc. has likely become the “country’s largest corporate income taxpayer.”

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Apple Avoids U.S. Taxes By Shifting Billions Offshore, Report Shows

Apple Inc. has been shifting billions of dollars offshore to avoid U.S. taxes, according to the Senate Homeland Security and Government Affairs Permanent Subcommittee on Investigations.

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Same-Sex Married Couples Face Tax Day Hurdles Warn Advocates

Same-sex married couples will pay more in taxes and receive fewer benefits than than those in heterosexual unions.

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Fed-Up Bill Bolling Won’t Make Independent Bid For VA Governor

The surprise announcement came two days before March 14, the day Bolling set in vague terms as the day he would make a major announcement.

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Budget Experts To Washington: Instead Of Sequester, Cut Pork And Get Serious

“Across the board percentage cuts are probably about the worst way to go about cutting things, because it means that low-priority items get cut at the same rate as high-priority items,” says Maurice McTigue, director of the Mercatus Center’s Government Accountability Project at George Mason University in Fairfax.

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Critics: Sequester Reveals States’ Heavy Reliance On Feds

For states that rely heavily on federal government spending — states such as Virginia — the seemingly imminent budget cuts known as “sequestration” are a wake-up call.

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McConnell: Obama Won’t Get Any More Tax Hikes

In an op-ed for Yahoo!, McConnell wrote that the agreement to extend Bush-era tax rates on income up to $450,000 per year “was the last word on taxes.”

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McCain Blasts Fiscal Cliff Bill He Supported

The Arizona Republican criticized Congress for attaching hundreds of millions of dollars in “special-interest handouts” to the measure.

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Liberals Opposed To Raising Tax Threshold Over $250K

The Progressive Change Campaign Committee is saying no dice to a reported deal to extend tax rates on income up to $400,000 per year.

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Boehner Unveils ‘Plan B’ To Extend Tax Cuts On Income Under $1M

Though House GOP leaders seem to be on board, Boehner understands that it’s going to be difficult to convince rank-and-file Republicans to essentially vote for a partial tax increase.

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Obama Condemns Machete Attack

“There can be absolutely no justification for such acts,” Obama said.

The Audacity Of Apple’s “ingenuity”

According to Mr. Cook, the company’s stash of billions of dollars in overseas shell corporations was not tax dodging – it was ingenuity.

House Will Work Its Will On Immigration Reform, Says Boehner

“Don’t ask me how,” Boehner said.

Pelosi: Lerner Should Have Testified

“I do think the American people deserve answers,” Pelosi said.

Poll: Majority Wants GITMO To Remain Open

The results come amid a renewed push from the White House to close the prison, a topic that is expected to be addressed by the President in a high profile speech Thursday before the National Defense University in Washington, D.C.

Missing In Action: Honesty In Government

Many Americans are asking themselves: Is the Obama administration using its power to protect us–or to protect itself?