Big U.S. corporations shift profits to foreign tax havens to cut their US taxes to zero. US loses about $100 billion annually from corporate tax games by Apple, Google, Coke, Nike, Caterpillar, others while.Billionaires enjoy a boom – $1 trillion in new wealth in 2020. Biden calls for corporate minimum tax to restore fairness, fight inequality..
Washington – Riding a tide of tax cuts and rising profits over four decades, the captains of Corporate America have shifted $1 trillion each year from the paychecks of middle class Americans into massive payoffs to Wall Street investors and CEO pay packages. And now they want you to believe, once again, that cutting corporate […]
Hedrick Smith, who conceived this website and is its principal writer and architect, is a Pulitzer Prize-winning former New York Times reporter and Emmy award-winning documentary producer for PBS and PBS FRONTLINE. more »
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