Bankers, consumer groups clash over IRS plan to crack down on foreign tax cheats

By Michael Hudson

US banks say they shouldn't have to report foreign deposits

Excerpts from this story referencing "Citizens for Tax Justice":

"… aid these dire predictions are overblown.Rebecca Wilkins, an attorney with Citizens for Tax Justice, said U.S. banks are using scare tactics to prop up a regime of financial …"

Bank-backed House lawmakers try to kill IRS plan to identify $1 trillion in foreign accounts

By Michael Hudson

House lawmakers backed by banks try to kill IRS plan to identify foreigners' bank accounts

Excerpts from this story referencing "Citizens for Tax Justice":

"… investment in the U.S. economy at risk.”Rebecca Wilkins, an attorney for Citizens for Tax Justice, a Washington- based advocacy group, testified at an IRS hearing in May th …"

Gimme shelter (from taxes)

By Jonathan Werve

U.S. oil and gas companies have 882 subsidiaries in tax haven countries

Excerpts from this story referencing "Citizens for Tax Justice":

"… in tax havens is to avoid paying U.S. taxes.Bob McIntyre, the director of Citizens for Tax Justice, a government watchdog that has studied the issue, says that big companies …"

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More corporations pay less in taxes

By The Center for Public Integrity

Corporate tax payments accounted for 23 percent of all federal tax revenue in 1960. By 2007 that figure had dropped to just 14 percent

Excerpts from this story referencing "Citizens for Tax Justice":

"… the basic corporate tax rate is 35 percent, according to the left-leaning Citizens for Tax Justice, the average tax rate paid among the 275 largest U.S. corporations is clos …"

Bailed-out banks paid no income tax in some years, according to study

By John Dunbar and John Dunbar

New study shows bailed-out banks among those companies that paid no income tax at least one year

Excerpts from this story referencing "Citizens for Tax Justice":

"… t amount.”The study was released Thursday by nonpartisan advocacy groups Citizens for Tax Justice and the Institute on Taxation and Economic Policy.All five financial insti …"

"… did not respond to a request for comment.Robert McIntyre, director of Citizens for Tax Justice and the report’s lead author said tax breaks enjoyed by the compani …"

Romney's small tax bill could be a big problem

By Corbin Hiar

The millionaire former venture capital partner pays an effective tax rate lower than a family earning less than $70,000

Excerpts from this story referencing "Citizens for Tax Justice":

"… renamed it the “Romney Rule” after an analysis from the advocacy group Citizens for Tax Justice estimated that Romney paid a rate of 14 percent.Romney’s exact tax …"

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FACT CHECK: Obama’s trillion-dollar exaggeration

By FactCheck.Org

President Obama throws around a big number calling for an end to Bush tax cuts

Excerpts from this story referencing "Citizens for Tax Justice":

"… on in lost revenue. Other partisan groups have put the figure much higher. Citizens for Tax Justice puts the total at more than $2 trillion over 10 years. The Tax F …"