Business leaders have long complained the U.S. tax code penalizes businesses. A new study agrees, putting America near the bottom of a tax competitiveness list.
Big American businesses are making big use of legal foreign tax havens to lower their U.S. tax bills.
Some doubt the CEOs calling on Congress to deal with the federal debt will be willing to pay for a deal that raises their taxes.
Twenty-five of the highest-paid U.S. chief executives last year pocketed more in pay than their companies paid in federal income taxes.
There’s renewed hope that the special bipartisan committee charged with finding a way to cut the federal deficit can reach an agreement now that some Republicans have softened their no-tax stance. And the most optimistic among us, which varies depending on the latest reports from Capitol Hill, still cling to the dream that Congress eventually