Why is the deficit so big? It could be because billion dollar companies are robbing the U.S. Treasury blind.
One of the reasons you and I and other ordinary American citizens are taxed so much and still live in a country with a huge Federal deficit is because multi-billion dollar American corporations are taxed so little.
Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda.
Google’s income shifting -- involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” -- helped reduce its overseas tax rate to 2.4 percent, the...
ROSEVILLE, Calif. -- A high-end regional mall that is one of the main retail centers in a broad swath of Northern California was set ablaze Thursday after police arrested a man who had barricaded himself inside, dealing an economic blow to a region struggling to emerge from the recession.
City officials said part of the roof on the mall's south...
Before the Tea Party philosophy is ever even tested in America, it will have succeeded, or it will have failed, in Great Britain.
For in David Cameron the Brits have a prime minister who can fairly be described as a Tea Party Tory. Casting aside the guidance of Lord Keynes— government-induced deficits...
