Fix the Debt Coalition lobbies up

By Dave Levinthal

Fix the Debt Coalition hires government affairs professionals to press financial reform agenda.

Excerpts from this story referencing "chief of staff":

"… hired lobbying firm. The three lobbyists are Cynthia Brown, a former chief of staff to Rep. Ron Kind, D-Wis.; Nathaniel Hoopes, former legislative director fo …"

"… er Sen. Alan Simpson, R-Wyo., and Erskine Bowles, President Bill Clinton's chief of staff, are the co-founders and co-chairmen of Campaign to Fix the Debt. New York …"

FACT CHECK: Social Security scare tactics

By FactCheck.Org

Both campaigns make misleading claims about potential changes to Social Security

Excerpts from this story referencing "Social Security":

"… eware: The Obama and Romney campaigns are making false claims about taxing Social Security benefits:Vice President Joe Biden told seniors in Florida that Romney’s …"

"… d seniors in Florida that Romney’s tax plan “would raise taxes on your Social Security.” But that’s not part of Romney’s tax plan. It’s the Oba …"

"… Committee falsely claim that Biden “repeatedly voted for higher taxes on Social Security benefits.” Obama and Biden repeatedly opposed attempts to cut the tax on …"

"… benefits.” Obama and Biden repeatedly opposed attempts to cut the tax on Social Security benefits for higher-income seniors, but that’s not a vote for raising ta …"

'Drastic' defense cuts would set the clock back only to 2006

By Zach Toombs

The Congressional Budget Office suggests that budget sequestration may not gut the defense budget.

DOD has a hand out on April 17

By Aaron Mehta

And where did you think your tax money was going?

Excerpts from this story referencing "White House":

"… tary? Thanks to a new website from the federal government, now you can!The White House “Federal Taxpayer Receipt” calculator, released Wednesday, asks you to …"

Senate committee finds most 'trapped' offshore income is already in U.S.

By John Aloysius Farrell

Senate committee finds most 'trapped' offshore income from Google, Microsoft already in U.S.

Excerpts from this story referencing "Center for Public Integrity":

"… 6 to 100 percent of their offshore earnings, the subcommittee found.As the Center for Public Integrity has reported, the multinational firms are lobbying for a tax holiday becau …"

FACT CHECK: Rick Perry’s dubious tax promise

By FactCheck.Org

Texas Gov. and presidential contender's flat tax plan isn't quite flat for lower-income taxpayers

How candidates' tax plans would affect one struggling family

By Amy Biegelsen and John Aloysius Farrell

Republican presidential candidates' ambitious tax plans don't help working class

Wealthy corporations with a trillion dollars stashed offshore lobby for a 'holiday' from U.S. taxes

By John Aloysius Farrell and Aaron Mehta

Wealthy corporations are lobbying for a tax holiday for a trillion dollars stashed offshore

How an Obama fundraiser turned Oklahoma into a personal tax haven

By Bill Allison

How George Kaiser turned Oklahoma into his personal tax haven

Excerpts from this story referencing "bank":

"… investment by the Tulsa billionaire's family foundation in Solyndra, whose bankruptcy may leave taxpayers on the hook for $535 million in federal loans, h …"

"… eating of America. The chapter on Kaiser can be accessed here. Solyndra's bankruptcy has led to multiple investigations by the Federal Bureau of Investig …"

"… n their books backed by devalued assets, including empty office towers and bankrupt energy producers. During the bust, Kaiser changed course again, and s …"

"… cers. During the bust, Kaiser changed course again, and started buying up bankrupt firms like Waterford Energy, which had all of $7 million in assets and …"

Pentagon's accounting shambles may cost an additional $1 billion

By R. Jeffrey Smith

DOD said its books wouldn't be clean until 2017; Panetta wants to move the deadline up

Top fisheries official says EU is investigating illegalities by Spanish companies

By Kate Willson

Top EU fishing official responds to allegations of misappropriated funds by ICIJ

Excerpts from this story referencing "European Union":

"… El Mundo, The New York Times, EU Observer, Huffington Post and the BBC. …"

"… between 2000-2013. But his figures only included direct subsidies from the European Union. ICIJ’s analysis of the subsidies included other important forms of publ …"

FACT CHECK: Ad on billionaire's statement misses the facts

By FactCheck.Org

Tax burden is actually more equal than liberal advocacy group portrays in video campaign

FACT CHECK: Obamas' tax rate not lower than the average teacher's

By FactCheck.Org

From every angle, the Obamas' tax rate was substantially higher than that of a teacher or firefighter

Excerpts from this story referencing "Social Security":

"… is year’s “payroll tax holiday,” which has cut the worker portion of Social Security taxes by 2 percentage points — which is worth $1,000 to workers (includi …"

"… h are taxed at lower rates than ordinary income. It’s also the case that Social Security taxes fall only on wage and salary income, and only up to a limit that is& …"

"… up to a limit that is currently $106,800. So our $50,000 teacher pays Social Security taxes on every dollar of income, while those same payroll taxes fall only …"

"… ”) by the amount on line 22 (“total income”).We calculated Obama’s Social Security taxes on the assumption that he and his employer (the U.S. government) eac …"

Improper EITC payments top $11 billion

By Laurel Adams

A quarter of earned income tax credit payments are improper, amounting to $11 billion to $13 billion in 2009, the Internal Revenue Service r

Excerpts from this story referencing "Internal Revenue Service":

"… ayments are improper, amounting to $11 billion to $13 billion in 2009, the Internal Revenue Service reports.The program is a refundable federal income tax credit for low to m …"

Tax credits for alternative-fuel vehicles went to prisoners, IRS employees

By Laurel Adams

The IRS allowed $33 million in erroneous tax credits for alternative-fuel motor vehicles last year. A review by the Treasury inspector gene

IRS not strict enough on fraudulent tax refunds to nonresident aliens

By Laurel Adams

The Internal Revenue Services needs to strengthen its review of tax refunds to nonresident aliens before they are sent out of the country, a

Excerpts from this story referencing "inspector":

"… onresident aliens before they are sent out of the country, according to an inspector general report. The IRS review found 40 questionable refunds that totaled …"

"… from foreigners after they leave the country is very low.Additionally, the inspector general found that tax treaty provisions regarding the taxation of gamblin …"

Stimulus tax credit may increase penalties

By Laurel Adams

The “Making Work Pay” tax credit, which increased take—home pay for workers, may result in 13.4 million people actually owing the government

Excerpts from this story referencing "inspector":

"… n people actually owing the government money, according to an audit by the inspector general of the Treasury Department. The tax credit, part of the stimulus p …"

"… advanced more of the tax credit than they were entitled to.A survey by the inspector general revealed that 88 percent of taxpayers who were negatively affected …"

"… ill unaware of the problem and the solution,” the IG said.FAST FACT: The inspector general estimates about 108,000 taxpayers may have been assessed tax penal …"

Dave Camp — Ways and Means Committee

By Peter H. Stone

Dave Camp of Michigan, the presumptive new chairman of the tax-writing House Ways and Means Committee, was first elected two decades ago and

Excerpts from this story referencing "Social Security":

"… key issues under the panel’s jurisdiction, such as the huge Medicare and Social Security entitlement programs. During the 111th Congress, Camp voted with his party …"

"… re to “pay as you go” budget rules.A supporter of private accounts for Social Security, Camp played a significant role in passing welfare reform legislation in t …"

Farm subsidies still missing from USDA’s data-rich website

By Jim Morris

The Agriculture Department says it makes farm subsidy data available to anyone who asks, but turning the data into something useful is tedio

Excerpts from this story referencing "Obama administration":

"… ubsidy data available in a user-friendly form on its own website or on the Obama administration’s new www.data.gov. The department, after all, publishes vast amounts of …"

Audit rates of rich fall, audits of poor spike

By The Center for Public Integrity

The IRS has upped audits on the working poor while dramatically decreasing audits on corporations and the wealthy

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 "Tax avoidance":

"… in federal taxes (though the IRS has since managed to recoup those funds). …"

"… s is closer to 17 percent — lower than that of most individual citizens. Tax avoidance tactics abound, including funneling U.S. profits to tax-free subsidiaries …"

Influencing the IRS

By Elizabeth Brown

Nearly 500 companies lobby the tax agency

Early warning

By Alan Green

WASHINGTON, May 5, 2004 — One year before the U.S. invasion of Iraq, then-Secretary of the Army Thomas E. White informed a trio of top-level

The big pong down under

By Bill Birnbauer

Less than two years after turning control over to a privatized firm, Adelaide took on a certain stench

Excerpts from this story referencing "Europe":

"… e bidsAdelaide's water privatization plan attracted the major players from Europe and the United States. They quickly formed Australian companies and allied …"

Low rates, needed repairs lure 'big water' to Uncle Sam's plumbing

By Erika Hobbs

Low rates, needed repairs lure 'big water' to Uncle Sam's plumbing

A tale of two cities

By María Teresa Ronderos

Flooded streets and backed up sewers plague Columbian city

The 'aguas' tango

By Daniel Santoro

Cashing in on Buenos Aires' privatization

Excerpts from this story referencing "official":

"… ization, the move enriched a group of union leaders, crony capitalists and officials in the government of former President Carlos Menem. The private gains of …"

"… e cases earned windfall profits from the timely sale of their shares. Some officials are being investigated on corruption charges.As for the public benefits o …"

"… tted its regulatory oversight of the company.Indeed, the failure of public officials to meet the responsibilities that privatization demanded of them has been …"

"…  (IFC), opened its South American head office in Buenos Aires. At the official opening, IFC Vice President Wilfred Kaffenberger declared it to be "a suit …"

Metered to death

By Jacques Pauw

How a water experiment in South Africa caused riots and a cholera epidemic

Excerpts from this story referencing "managing director":

"… ld the country's economy.Free water "is not so good an idea," Yves Picaud, managing director of Vivendi Water in South Africa, said in an interview with  …"

"… ater and sanitation services to a population of 240,000.Brian Sims, GNUC's managing director and head of Biwater in South Africa, is a veteran water man. He has worked …"

"… n."To be very honest, the municipal market is not ready," said Picaud, the managing director of Vivendi Water in South Africa. …"

Cholera and the age of the water barons

By Bill Marsden

Cholera turned out to be a chronicle of death foretold by blind ideology

Excerpts from this story referencing "Europe":

"… ere largely planted by an aggressive group of utility companies, primarily European, that are attempting to privatize the world's drinking water with the he …"

"… ee in the Middle East plus the Gaza Strip, Australia/New Zealand and in 18 European nations, with most of the expansion in Eastern Europe. There, the Europe …"

"… Zealand and in 18 European nations, with most of the expansion in Eastern Europe. There, the European Bank for Reconstruction and Development has played a …"

"… European nations, with most of the expansion in Eastern Europe. There, the European Bank for Reconstruction and Development has played a key role in encoura …"

Promoting privatization

ICIJ research showed that privatization is playing an ever-increasing role in bank lending policies

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