Cayman Islands

Corporate Tax Dodgers

Profitable American companies paid just 12.6 percent of their profits in federal income taxes in 2010 -- well below the 35 percent federal corporate income tax rate, according to a new study by the Government Accountability Office.

Sen. Sanders Introduces Bill To End Offshore Tax Havens

I don't expect we'll see any Republicans willing to support his legislation, but good for Sen. Sanders for doing this: Senator Introduces Bill To End Huge Corporate Tax Giveaway: Corporations offshoring profits costs both the federal government

Clinton Stumps For Obama, While Bush Heads To Cayman Islands

It seems former President George W. Bush isn't too worried about giving Mitt Romney some bad press just before the election. As Steve Benen noted, the contrast between how Bill Clinton is spending his time these days and Bush couldn't be more stark

Arrests At Bain-Owned Sensata Plant

With Election Day on the horizon, a Bain-owned company in Freeport, IL, is moving out equipment as it shuts down operations in the U.S. to ship 170 jobs overseas. On Monday, workers and community members blocked the loading dock for a second

Romney Raises More Questions About His Taxes In Friday News Dump

I'm not sure if the Romney campaign actually thought continuing to ask questions about his tax returns was going to distract from the dismal news cycle he's had for the last week or two, and is somehow better than talking about his "47 percent" remarks at that fundraiser, but here we go with a Friday news dump and the release of his 2011 returns.