No wonder U.S. President Barack Obama addressed the U.S. corporate tax rate in his “grand bargain” proposal Tuesday…
Avoidance or lowering of taxes has become a major consideration of corporate managements around the world. This is a result no doubt of the pursuit globally by governments of more and more money through taxes from both corporations and individuals.
Fed up with corporate tax avoidance that keeps their fingers off of billions of dollars in potential revenue to feed their spendthrift ways each year, governments in the world’s richest economies soon hope to have a plan to do something about it.
The Organization for Economic Cooperation and Development (OECD) will present a preliminary version of such a plan at the meeting of G20 finance minister in Moscow on July 17.
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Even though the United States has the highest…
Bloomberg says that global corporate profits are being hit by the Euro crisis. Maybe so, but second quarter corporate taxes in the US hit a…
The US Government has had a blockbuster tax season. The numbers are stunning. Have Primary Dealers Built a Muddle Through Scenario?Bond Market Has Mitigated Some…
The market managers ginned up some bogus bad economic news this week and were able to push Treasury yields down. The actual, not seasonally manipulated…
. On the Debt Ceiling
The Treasury Department emailed its fans a blog entry setting out its position on extending the debt limit. The very fact that the Treasury Department feels the need to post blogs on this topic worries me. They wouldn’…
The following paragraphs are free excerpts from today’s Wall Street Examiner Professional Edition Treasury update. The subscriber link to the complete report is below. As…
Sunday, July 17, 2011
U.S. Government Receipts as Percent of GDP
by CalculatedRisk
on 7/17/2011 05:05:00 PM
Several readers have asked me for source data on U.S. government receipts and outlays. I’ve also been asked if receipts are really near a re…
http://www.capitalstool.com/forums/index.php?showtopic=11140&view=findpost&
p=855465 by Jorma
DrStool, on 15 July 2011 – 08:50 PM, said:
Exactly. Spending cuts have a far more direct impact on the economy that tax increases on the filthy rich would,…
