Luxembourg tax deals for Disney, Koch brothers empires revealed

By Alison Fitzgerald and Marina Walker Guevara

New leak discloses secret tax agreements between major American companies and Luxembourg.

Excerpts from this story referencing "DuPont":

"… know how much tax it has paid here.  The company bought Invista from DuPont in 2003 for $4.4 billion and combined it with KoSa, the Koch subsidiary th …"

How to fix the IRS nonprofit division

By Julie Patel

Employees, reformers offer three recommendations for improving the agency's flagging nonprofit division.

Excerpts from this story referencing "Center for Responsive Politics":

"… 2 election cycle, a presidential election year, according to data from the Center for Responsive Politics. Create a regulatory agency for nonprofits — one separate from the IRS. …"

IRS employees back Obama, Democrats

By Michael Beckel

IRS employees routinely open wallets for Democratic candidates and liberal groups.

Excerpts from this story referencing "John Kerry":

"… nizations achieved near-parity. The Democrats' 2004 presidential nominee, John Kerry, who is now serving as secretary of state, ranked second behind Obama and …"

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 "Romney":

"… ling the 1993 tax hike.– Eugene Kiely  …"

"… al Security benefits:Vice President Joe Biden told seniors in Florida that Romney’s tax plan “would raise taxes on your Social Security.” But that’s …"

"… raise taxes on your Social Security.” But that’s not part of Romney’s tax plan. It’s the Obama-Biden campaign’s latest misrepresentation …"

"… did the analysis disputes the campaign’s interpretation of its work.The Romney campaign and the National Republican Committee falsely claim that Biden …"

FACT CHECK: Obama’s ‘Boss’ Baloney

By FactCheck.Org

The Obama campaign is up with a "badly misleading

Excerpts from this story referencing "New York":

"… oubt about that. Canellos is head of the tax department at a big New York law firm and former chair of the New York State Bar Association Tax Sectio …"

"… d of the tax department at a big New York law firm and former chair of the New York State Bar Association Tax Section. Kleinbard is a professor of l …"

FACT CHECK: Truth about tax rate talking points

By FactCheck.Org

Despite common talking points, tax rates were actually at a 30-year low in 2008-2009 period.

Excerpts from this story referencing "president":

"… s own campaign promise to raise taxes on upper-income households, the new president was a tax cutter in 2009.The Top 1 PercentThe CBO figures show rates have …"

ALEC faces new challenge to tax-exempt status

By John Dunbar

A group of clergy is challenging the tax status of the American Legislative Exchange Council.

Nonprofit profile: Ending Spending

By Rachael Marcus

Quick stats on the nonprofit group, supporting fiscal conservatives

Excerpts from this story referencing "president":

"… to former Sen. Bob Dole, R-Kan., and Sen. Richard Shelby, R-Ala. He is the president of Ending Spending Action Fund.Stephanie Mesick (Omaha office executive di …"

"… a candidate but stop short of urging a yes or no vote.During the 2012 GOP presidential primary, Ending Spending reported one electioneering communication, for …"

"… report from the Federal Election Commission. The series of videos shows 10 presidential candidates responding to questions from Ending Spending on the federal …"

FACT CHECK: Elizabeth Warren attacks GE's controversial tax practices

By FactCheck.Org

Massachusetts Senate candidate makes sweeping, inaccurate statement about corporate tax loopholes.

FACT CHECK: Warren Buffett's tax rate is an exception, not a rule

By FactCheck.Org

Most high-earning tax payers actually do pay a higher rate than the middle-class.

Excerpts from this story referencing "Warren Buffett":

"… ort for the Buffett Rule. The proposal is named after billionaire investor Warren Buffett, who famously wrote that many of his office staff pay a higher t …"

"… may be “tens of thousands,” but certainly not “several millions.” Warren Buffett is the exception, not the rule.Obama, April 10: "In the next few weeks, we …"

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.

FACT CHECK: GOP candidates misstate taxes and federal government pay

By FactCheck.Org

Republican debate featured mistakes on how many people pay taxes and how much they spend on tax prep

Excerpts from this story referencing "Social Security":

"… nter projects that about two-thirds of that group are workers who will pay Social Security and Medicare payroll taxes, for one thing. The rest are nearly all either …"

"… workers for two years.Gingrich ‘Off Budget’Gingrich (again) said that Social Security should be “off budget” as it once was, before Lyndon Johnson changed t …"

"…  "In 1968, in order to fake a balanced budget, Lyndon Johnson brought Social Security in the general budget. And ever since, politicians have hid behind Social …"

"… ecurity in the general budget. And ever since, politicians have hid behind Social Security. Now it’s going to become a disadvantage to do so. I think the first ste …"

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

Excerpts from this story referencing "Bush":

"… ” And compared with “current law,” under which all the 2001 and 2003 Bush tax cuts would expire, the loss in revenue would be close to $1 trillion i …"

"… or those who prefer it, the TPC said Perry’s plan seems to allow all the Bush cuts to expire on schedule, including lower marginal rates at the bottom.T …"

"… em or opt into the alternative system. And “current law” calls for the Bush cuts to expire before 2015.As a result, either the new Perry flat tax or t …"

"… t, either the new Perry flat tax or the “current” tax system (once the Bush cuts expire) would mean higher taxes for many, compared with what they wou …"

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

Excerpts from this story referencing "Obama":

"… an families, there is no status quo: if Congress does not act on President Obama’s proposals, the Bush-era tax cuts are scheduled to expire, with powerfu …"

"… roposals, and what would happen if the Bush tax cuts expire.In a nutshell, Obama wants to end the Bush tax cuts for the wealthiest Americans, while retaini …"

"… percent national sales tax.Millionaires would fare well under any plan but Obama’s. To avoid massive deficits, Perry’s plan would require huge cuts in …"

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

Excerpts from this story referencing "Merck":

"… re than half the benefits went to only 15 firms. And just five — Pfizer, Merck, Hewlett-Packard, Johnson & Johnson and IBM — retrieved $88 billion, …"

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 "Internal Revenue Service":

"… ist of the 400 wealthiest Americans, Kaiser reported taxable income to the Internal Revenue Service just once, totaling $11,699 — equivalent to a full-time hourly wage of $ …"

"… ime Kaiser caught the attention of government tax officials. In 1997, the Internal Revenue Service sent Kaiser and his companies bills for more than $72 million in back taxe …"

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 "Sunday Times":

"… -far been re-published or cited by outlets around the world, including The Sunday Times, El País, El Mundo, The New York Times, EU Observer, Huffington Post and …"

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

Excerpts from this story referencing "Obama":

"… justed gross income of $1 million or more in 2009,from a table supplied by Obama’s Treasury Department in support of his “Buffett Rule” proposal. Wha …"

Subsidy methodology

A look behind ICIJ's reporting on their second installment in overfishing coverage

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 …"

FACT CHECK: Twists and turns on the U.S. debt ceiling

By FactCheck.Org and Scott Blackburn

Senate GOP leader, senior House Democrat misstate debt ceiling facts

Excerpts from this story referencing "Social Security":

"… se Democrat this week made misstatements about the debt ceiling debate and Social Security.Sen. Mitch McConnell, R-Ky., was incorrect when he claimed that "nobody is …"

"… D-Calif., repeated a false Democratic talking point when he claimed that "Social Security hasn't contributed 1 cent to … any of the national debt." Social Securit …"

"… ocial Security hasn't contributed 1 cent to … any of the national debt." Social Security ran a $49 billion cash deficit in 2010, contributing to the debt. And it's …"

"… enormous amount, including they’d have to defund Obamacare.”Becerra on Social SecurityBecerra, the vice chairman of the House Democratic Caucus, also made his cl …"

FACT CHECK: Obama's mis-Tweets

By Lori Robertson and FactCheck.Org

President dives into social media - and misses on electric cars and taxes

IRS in the dark about number of tax shelters and avoidance schemes

By Laurel Adams

IRS says 1 million tax returns sought to evade taxes in some way

GAO says at least 3,700 stimulus recipients are delinquent on taxes

By Laurel Adams

Stimulus recipients who got $24 billion owe $750 million in taxes

Excerpts from this story referencing "Office of Management and Budget":

"… percent were owed from 2003 through 2008.Moira Mack, a spokeswoman for the Office of Management and Budget, which oversees the stimulus program, said her agency last year collected …"

IRS isn't catching fraudulent and excessive home energy credits

By Laurel Adams

IRS can't verify $6.8 billion in energy tax credits claimed by home owners

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 "Barack Obama":

"… All 25 members of Florida’s U.S. House delegation have written President Barack Obama to ask him to kill the proposal.   At the Wednesday hearing, opponen …"

Grants.gov struggles to track its expenses while managing $500 billion in grants

By Laurel Adams

Grants.gov, created to streamline bureaucracy for grants, is failing

IRS could save millions through e-filing

By Laurel Adams

Electronic filing of tax returns could save the Internal Revenue Service millions of dollars. The IRS currently spends $3.29 to process each

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

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