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BHO ratchets his anti-American rhetoric

Source: WND

It must be election season. President Obama has ratcheted his populist rhetoric to new highs, telling a California crowd that he doesn’t care if it’s legal or not – companies that headquarter overseas in order to dodge America’s bloated, burgeoning corporate tax costs are plain out wrong, and by gosh, he’s going to do all he can to put a stop to it. Everything, that is, except lower the U.S. corporate tax rate. And what a corporate tax rate it is. Hittin ...
Full article at: WND 20 hours ago, 6:11pm CDT
 


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Here's Why Medicare Isn't Actually Going To 'Run Out Of Money' In 2030

Source: The Business Insider

The general slow down in health spending means Medicare, the federal insurance program for Americans 65 and older, is doing better financially, but is still expected to run out of money in 2030. This marks a four-year increase from last year, when the Medicare Board of Trustees predicted the program would remain solvent through 2026. The insolvency date of Medicare has fluctuated wildly since 1970, from "as close as two years away or pushed as far as 28 years in ...
Full article at: The Business Insider 22 hours ago, 4:51pm CDT
 

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Obama can act alone on inversions ex-Treasury official contends

Source: Albequerque Express

President Barack Obama, left, speaks while U.S. treasury secretary then-nominee Jack Lew listens during a press conference at the White House in this file photo. President Barack Obama spoke out last ...
Full article at: Albequerque Express 1 day ago, 7:48am CDT
 

10 Things You Need To Know Before The Opening Bell (FDO, DLTR, HLF, TSN, DENN)

Source: Business Insider

Good morning and welcome to a monster week for economic data, where we'll learn both the latest GDP reading, and celebrate Jobs Day Friday. Here's what you need to know. 1)  Dollar Tree is buying Family Dollar for $74.50 per share, a 22.8% premium. Family Dollar is up 20% premarket. Carl Icahn was recently Family Dollar's largest stakeholder and stands to make up to $131 million. 2)  The Hague has ruled Russia m ...
Full article at: Business Insider 1 day ago, 5:59am CDT
 

Lew calls on Congress to close inversion loophole

Source: CNBC

The U.S. tax code needs a radical overhaul, Treasury Secretary Jack Lew writes in The Washington Post. ...
Full article at: CNBC 1 day ago, 12:36am CDT
 

Treasury Secretary Jack Lew Warns Tax Inversions Are Increasing At 'Breakneck Speed'

Source: The Business Insider

Treasury Secretary Jack Lew has written an op-ed page of the Washington Post to plead with Congress to enact legislation addressing tax inversions, which he says have been increasing at "breakneck speed." As we've been discussing all this month, the number of U.S. companies re-chartering overseas to avoid corporate taxes has been accelerating recently. Tax inversions were a major theme of President Obama's interview with CNBC's Steve Liesman Fri ...
Full article at: The Business Insider 1 day ago, 7:46pm CDT
 

How To Stop American Companies From Running Away From US Taxes

Source: Business Insider

Economic refugees have traditionally lined up to get into America. Lately, they have been lining up to leave. In the past few months, half a dozen biggish companies have announced plans to merge with foreign partners and in the process move their corporate homes abroad. The motive is simple: corporate taxes are lower in Ireland, Britain and, for that matter, almost everywhere else than they are in America. In Washington, DC, policymakers have reacted with indig ...
Full article at: Business Insider 4 days ago, 2:49pm CDT
 

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$499 iPad Air or iPad Air 2 Giveaway
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Sick of Corporate Tax Defections

Source: Politics - The Huffington Post

This week the U.S. Senate Committee on Finance held a hearing entitled "The U.S. Tax Code: Love It, Leave It, or Reform It!" where the focus was on the corporate tax maneuver called inversions. Inversions occur when corporations purposely renounce their American citizenship, usually by merging with a foreign corporation and reincorporating in a low- or no-tax country (also called a tax haven) in order to be treated as a ...
Full article at: Politics - The Huffington Post 4 days ago, 12:45pm CDT
 

‘Economic patriotism’: Rhetorical, not economic, policy

Source: Market Place

Recently, President Obama has been traveling around the country, trying to shift focus back onto the economy. We talked to him about that a few weeks ago, at the White House. You may have noticed a refrain in some of the president’s most recent speeches. Here is an example from a speech he delivered in Denver: “That’s what makes this country great – a sense of common purpose and patriotism, an economic patriotism.” President Obama may have cribbed that t ...
Full article at: Market Place 6 days ago, 2:58pm CDT
 

What does 'economic patriotism' actually mean?

Source: Market Place

Recently, President Obama has been traveling around the country, trying to shift focus back onto the economy. We talked to him about that a few weeks ago, at the White House. You may have noticed a refrain in some of the president’s most recent speeches. Here is an example, from a speech he delivered in Denver: “That’s what makes this country great – a sense of common purpose and patriotism, an economic patriotism.” President Obama ...
Full article at: Market Place 6 days ago, 12:58pm CDT
 



 

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