Silver as an investment

Category Archives: Institute on Taxation and Economic Policy

“Corker Kickback” Scandal Grows As Orrin Hatch Suddenly ‘Misremembers’ When Provision Was Added

Late last week, the GOP tax reform legislation looked to be a done deal after Senator Corker (R-TN) – who has publicly feuded with President Trump and famously compared the West Wing to an “adult daycare center” – announced he would support the tax bill after previously voting against it. Then, Corker’s sudden change of […]

The Fetid Swamp Of Tax Reform

Authored by Charles Hugh Smith via OfTwoMinds blog, The likelihood that either party will ever drain the fetid swamp of corruption that is our tax code is zero, because it's far too profitable for politicos to operate their auction for tax favors. To understand the U.S. tax code and the endless charade of tax reform, […]

Goldman Sachs Maintains The Most Tax Havens Of Any US Company… By Far

Multinational companies based in the United States are able to avoid paying an estimated $100 billion in federal income tax every year through the use of tax havens. As Statista's Niall McCarthy notes, a recent report from the Institute on Taxation and Economic Policy has found that 366 of America's largest 500 companies maintain 9,755 tax haven […]