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Protesters Call For Tax Fairness At Oil CEO’s Home

Members of the 99 percent took to millionaire Chevron CEO John Watson’s home on Tuesday to protest tax loopholes for oil corporations and the extremely wealthy. Watson, who earned $1.48 million in 2010, has defended Chevron and the oil industry’s $4 billion subsidies. Many of these protesters were from Richmond, California, where Chevron now owes [...]
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Oregonians to Legislature: Close the Con-way Loophole

US Politics / Liberal : BlueOregon (2 days ago)

Some 1,500 Oregonians have signed a petition asking Oregon lawmakers to close a tax loophole used by some corporations to get around the state’s corporate minimum tax, allowing them to pay nothing in income taxes. The tax loophole i... Read Post

Obama's weekly address: Close corporate tax loopholes

US Politics / Liberal : Daily Kos (6 days ago)

The president devoted today's regular address to closing corporate tax loopholes, especially loopholes that allow American companies to evade taxes by "renouncing their citizenship." Even as corporate profits are as high as ever, a ... Read Post

Romney Economic Adviser Defends Tax Loophole That Saves Romney Millions

US Politics / Liberal : The Wonk Room (2 years ago)

Mitt Romney — due, in part, to a tax loophole that benefits wealthy money managers — is able to drive his tax rate down to 15 percent, below that of many middle-class families. That tax loophole, which allows money managers to pay t... Read Post

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