Citizens for Tax Justice

Trump's tax plan, his refusal to raise the minimum wage, his insistence that American workers make too much money, his anti-union stances, all endear him to his fellow 1 percenters. With pledges like these, Trump plans to guarantee that he - and his billionaire buddies ­- can continue taking too much.
About half of the benefits would go to the wealthiest 5 percent of Americans.
Each year, Illinois loses $1.2 billion in corporate income tax revenue, according to Illinois PIRG. Opponents and business advocates argue strenuously that closing tax loopholes harms job creators and encourages big business to relocate to other states.
Sen. Schumer urged Congress to craft a stricter definition of inversion and enact a ban on "earnings stripping." Earnings stripping? You'll love this. Earnings stripping refers to a practice by which a foreign-based parent corporation loans large sums to -- wait for it -- itself.
Sometimes, the inability of Congress to get things done is a blessing in disguise -- like, for example, failing to renew a bevy of tax breaks that overwhelmingly benefit big corporations and wealthy individuals.
The rich snicker as the vast majority of Americans are so distracted they don't focus on record corporate profits, on record low corporate tax payments or on lobbyists buying tax breaks for corporations and loopholes for offshore accounts.
U.S. companies have a record $1.9 trillion or more held abroad, according to a Bloomberg report. General Electric has the
Critics say it's more of the same out of an Obama Administration that in the first term had a cozy relationship with corporate patrons.
President Barack Obama nicknamed Romney's tax plan "Romney Hood" in a speech earlier this month, saying that the plan would
For the 99 percent of Americans who don't use lobbyists to bend the tax rules, Tax Day is a day for reflecting on why we pay taxes.
The findings may seem contradictory with recent news that the U.S. has the highest corporate tax rate among developed nations
Accelerated depreciation will cost the U.S. Treasury $37 billion between 2010 and 2014, according to a recent estimate by
GE has probably avoided paying its fair share of taxes in a "legal" way -- if the word "legal" can be used to describe a system where corporations pay for the privilege of influencing politicians to bend the law in their favor.
The report, put out by the U.S. Public Interest Research Group and Citizens for Tax Justice, finds that Pepco Holdings -- the
Many large U.S. corporations also have shifted their profits overseas in order to avoid federal taxes. "They're so busy avoiding
The fact that companies are paying no taxes when America's working families are still struggling to winter what Fed Reserve Chairman Ben Bernanke continues to recognize as a failed or failing recovery is a prime example of what is exacerbating income inequality in America.
Saturday was "move your money" day. Wall Street banks won't tell how many customers they lost. But depositors, more than 78,000 of whom pledged to make the move, made their point. They voted differently. They voted with their feet and their wallets. And they won.
"The truth is that over the past 10 years Wells Fargo has paid more than $30 billion in income taxes to federal and state