Blog
Andrea Germanos, staff writer at Common Dreams
Why should ordinary taxpayers have to sacrifice while highly profitable corporations are using accounting acrobatics and tax havens to avoid paying their fair share?
At a time of record corporate profits, U.S. "corporate tax dodgers" are parking more of their profits offshore, taking advantage of...
Now that the boom times have returned for Wall Street with consecutive days of record market highs, the time for excuses must end, and the Obama administration and Congress should join with the other world markets in adopting a Robin Hood tax on financial speculation.
The signs could not be more clear. The New York Times, March 3, calls this a “...
Cuts in baby formula for the poorest amidst cries on Wall Street that “the market wants more austerity”
As the harsh reality of the sequestration sets in, the opening salvo of a dire national austerity program that achieves cuts of $85 billion at first, en route to $1.2 trillion in cuts over a decade, the U.S. Robin Hood Tax Campaign could not be a greater imperative.
Its goals, embodied...
Despite mounting evidence that austerity measures lower growth and do further harm to American communities, proponents of the “sequestration” that took effect Friday are pressing forward with budget cuts. These sequestration budget cuts -- unless stopped by Congress and the President -- will slash $1.2 trillion from the federal budget over ten years, causing massive harm to communities across the country.
The U.S. Robin Hood Tax Campaign...