Instead of spending August on the beach, corporate lobbyists are readying arguments for when Congress returns in September about why corporate taxes should be lowered. But they’re lies. You need to know why so you can spread the truth. Lie #1: U.S. corporate tax rates are higher than the tax rates of other big economies. […]
Why does California reward ultra-rich companies that move jobs out of the state? We’ll tell you why. In 2009, during secret, behind-closed-doors budget negotiations, a handful of state legislators and Gov. Schwarzenegger snuck in a colossal but little-known corporate tax giveaway into the budget in the dead of night. This loophole, known as the “elective […]