U.S. News

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After avoiding billions in taxes, Apple CEO seeks more breaks

As his company hordes $102 billion in overseas profits on which it has paid no taxes, Apple's CEO, Tom Cook, is asking the Senate for lower corporate tax rates.

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Tax Day, 2013: U.S. pay gap is biggest in the world

Last year CEOs received an average $12.3 million while the average worker took home around $34, 645.

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Two tales of jackpots and taxes

Our nation's tax experts no longer think about taxes as a tool for combating our "undue concentration of wealth." They see taxes as a matter of raising revenue.

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New moves to tax corporate offshore havens

General Electric avoided $35.7 billion in U.S. taxes by putting $102 billion in 2010 profits in "at least 14" tax havens in Bermuda, Singapore and Luxembourg. 

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Demonstrators tell Wall Street: Pay your taxes

"The one percent is getting wealthier; the 99 is not. We need jobs, not cuts to social services and Medicare."

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Pa. governor’s proposals meeting broad opposition

Tom Corbett, in his third year in office, is seeing growing opposition to his bizarre budget proposals and his pro-corporate agenda.

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Austerity busting bill introduced

The Progressive Caucus bill, called the Balancing Act, invests in job creation and calls for paying for those investments with defense cuts.

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Jan. 30 day of action: "We need Jobs Not Cuts"

The Americans for Tax Fairness online "flash-mob" campaign "We need #JobsNotCuts" is part of a national Jan. 30 Day of Action.

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GOP desperate to kill any further taxes on the rich

The Republicans are going even further, however, threatening that unless Social Security and Medicare are cut, the GOP might kill the entire economy.

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Fiscal cliff deal seen as “breakthrough” on some issues

In an extraordinary session the House voted 257 to 167 to approve a Senate-crafted agreement to avoid the so-called "fiscal cliff" on New Years Day.

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