Category: Opinion

Avoiding Taxes The Way Big Corporations Do It

I’m an accountant. My college degrees and CPA license are the intellectual properties that enable me to earn a living. Now suppose that I formed a corporation to deliver my services, then took my diplomas and license off my wall and placed them in a safe deposit box in a Luxembourg bank.

Obama’s War Is Peace

President Obama demonstrates his utter contempt for the American people — and the law — when he says the War Powers Resolution does not apply to his intervention in Libya because, as the White House put it, “U.S. operations do not involve sustained fighting or active exchanges of fire with hostile forces, nor do they involve U.S. ground troops.”

Big Banks’ Price-Fixing Scheme

Today, every time a consumer swipes a debit card, the business pays a fee of 1 to 3 percent to the bank that issued the card. These fees average 44 cents per transaction — but on July 21, a new policy will go into effect limiting them to 12 cents for big banks.