offshore accounts

Corporations Hoarding Trillions

David Cay Johnston at Reuters reports: IRS data suggests that, globally, U.S. nonfinancial companies hold at least three times more cash and other liquid assets than the Federal Reserve reports, idle money that could be creating jobs,

Robert Gibbs: 'Nobody Knows' If Romney Is Breaking Tax Laws

Obama campaign adviser Robert Gibbs sees a pattern in GOP hopeful Romney's past of "outsourcing jobs" and offshoring his own personal investments -- and the only way for the former Massachusetts governor to prove that he isn't dodging tax laws is to

Romney’s Quiet Rooms: Where All The Money’s Hidden?

The incredible new Vanity Fair piece on Romney’s secretive off shore tax accounts and business practices at Bain immediately made me think of one of my favorite video clips of 2012, this one where Romney is talking about how issues related to the

GE CEO Dodges Tax Questions, Protesters Play Tax Dodgerball

GE CEO Jeff Immelt heard the voices of the 99 percent this morning as he started his prepared remarks at the Society of Automotive Engineers (SAE) World Congress Tuesday morning in Detroit. A half dozen people interrupted his speech to deliver a message of paying taxes and stop dodging them through tax loopholes. Outside in the hallway another two dozen people played a game of tax dodger ball...