Institute on Taxation and Economic Policy16h
Centre for International Corporate Tax Accountability and Research: Starbucks’ Swiss Scheme: ‘Fair’ Trading or Global Tax Dodge?
A new report from CICTAR alleges that hidden behind its ‘ethical’ sourcing of coffee beans, Starbucks engages in major global tax avoidance. The report estimates that at least $1.3 billion has been ...
Institute on Taxation and Economic Policy16h
Business Insider: Starbucks Likely Avoided Taxes on $1.3 billion in Profit Using a Swiss Subsidiary, a New Report Finds
A little-known Starbucks subsidiary in Switzerland appears to have played a big role in how much the coffee chain paid over the last decade in taxes, according to a new report. On paper, Starbucks ...
Institute on Taxation and Economic Policy5d
Trump’s Address to Congress Obscures His Actual Tax Agenda
In last night’s address to Congress, President Trump spent more time insulting Americans, lying, and bragging than he did ...
Institute on Taxation and Economic Policy12d
House Budget Resolution Tees Up Damaging Trump Tax Agenda
The budget resolution passed by House Republicans will enrich the richest, blow up the deficit, and decimate vital public ...
Institute on Taxation and Economic Policy4d
Proposed Missouri Tax Shelter Would Aid the Wealthy, Anti-Abortion Centers Alike
In Missouri, donations to anti-abortion pregnancy resource centers come with state tax credits valued at 70 cents on the ...
Institute on Taxation and Economic Policy7d
High-Rent, Low-Wealth: Addressing the Racial Wealth Gap through a Federal Renter Credit
For many decades, the United States has experienced growing wealth inequality between the richest and poorest households and ...
Institute on Taxation and Economic Policy4d
State Rundown 3/6: In the Shadow of Chaotic Federal Policymaking States Seek to Tax the Top, Cut Taxes
Proposals from governors in both New Jersey and Wisconsin include provisions to tax high-income earners. Meanwhile, several ...
Institute on Taxation and Economic Policy12d
Learn from Prop 13 History to Avoid Repeating Past Mistakes
Worries about housing costs and property tax bills are leading people to check the history books for solutions, but there’s a ...
Institute on Taxation and Economic Policy7d
A Well Targeted Federal Renter Credit Could Help Reduce Wealth Gaps
While lawmakers often speak about income inequality, less attention is paid to wealth inequality. Wealth is distributed even ...
Institute on Taxation and Economic Policy12d
Mississippi Considers Deep Tax Cuts Amidst Budget and Economic Uncertainty
At a time when states across the country are forecasting deficits or anticipating slowing revenue growth, Mississippi ...
Institute on Taxation and Economic Policy12d
State Rundown 2/26: House Budget Plan Could Further Strain State Budgets
States would be wise to keep a close eye on happenings in Washington, D.C. Republicans in the House of Representatives ...
Institute on Taxation and Economic Policy3d
Sen. Warren: Warren Slams Big Tech CEOs for Cozying Up to Trump Admin, Attempting to Score Billions in Tax Handouts at Working Families’ Expense
U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, wrote to Elon Musk, CEO of Tesla; Jeff Bezos, CEO of Amazon; Mark Zuckerberg, CEO of Meta; Tim Cook, CEO of Apple; ...