A select group of U.S. multinational corporations have been furiously lobbying for a tax holiday, they say, to bring more than a trillion dollars in so-called “trapped” foreign earnings back home and invest it in the American economy.
Main Street small businesses like mine are part of the 99 percent who have suffered in the Great Recession. There are few business owners in my acquaintance — I should say no business owners in my acquaintance, from convenience store owners to construction businesses to dentists, who have not felt the effects of the financial meltdown.
On her first day at Countrywide Financial Corp., Cynder Niemela gave a talk to a gathering of her new colleagues. Every company, she said, has its own culture. Each is a tribe with its own rituals and myths.
TRENTON – Legislation sponsored by Senator Nicholas P. Scutari (D-Union) to help protect the trade secrets of New Jersey businesses has been approved by both houses of the Legislature and sent to the desk of Governor Chris Christie.
If small business owners decided to stop paying our fair share of taxes, we’d be sent to jail. Big business tax dodgers want Congress to reward them with a tax holiday.
(StatePoint) With today’s high fuel prices, heating your home in the cooler months can be expensive. By turning your thermostat back 10 to 15 degrees for eight hours, you can save up to 15 percent a year on your heating bill, according to the U.S. Department of Energy.
Jon Corzine, a one-time wizard of the financial world, testified Thursday he doesn’t know where a billion dollars in investor funds went in the collapse of MF Global, the investment firm he ran until last month.
The question that ought to be on every American’s mind right now is: Why are crimes valued in billions being ‘punished’ with settlements or fines worth only millions?
TRENTON – Attorney General Paula T. Dow announced today a $58.75 million settlement between a multi-state task force and Wachovia Bank and its successor, Wells Fargo Bank, as part of an ongoing national investigation of alleged anti-competitive and fraudulent conduct in the municipal bond derivatives industry.
TRENTON – Legislation to investigate the potential taxpayer savings through countywide property assessment demonstration programs was advanced Thursday by a Senate panel.