Foxconn grabs $3 billion tax break from Wisconsin. As the New York Times reports “Foxconn’s plan for a $10 billion factory in Wisconsin is certainly good news for President Trump and Republican politicians Gov. Scott Walker and Speaker Paul D. Ryan, … Continue reading
Tag Archives: Tax Loopholes
You can help in our effort to close tax loopholes in Washington State by signing our petition to Governor Inslee and your Legislators. In order to increase accountability and close tax loopholes, the Washington State Legislature should adopt a Tax … Continue reading
Washington voters should vote “Maintain” on the five Advisory Votes on the November 5th ballot. These Tax Advisory votes are a Tim Eyman anti-tax push poll that he has gotten taxpayers to pay for when they voted for his Initiative … Continue reading
The Republican Government Shutdown is hurting people by cutting their jobs and income. Many will not be compensated because they are not Federal employees. Most Republicans in Congress don’t seem to understand or care. What was originally an attempt to … Continue reading
Tax Sanity ( www.taxsanity.org ) on May 17, 2013 filed an Initiative to the Legislature to address the issue of Tax Loophole Reform. As noted in an article in Crossscut entitled Tax exemptions are starting to draw an uncomfortable spotlight: … Continue reading
A report last year by The Hamilton Project, which is affiliated with the Brookings Institute did an informative evaluation of some of the facts that underlie any effort for reform of our national tax policy. The Report is titled A … Continue reading
Tax expenditures are basically off budget spending. As one Washington State Legislator recently said, they are “gifts” of public money. They don’t have to be scrutinized the same as other state expenditures are when the biennial state budget is proposed … Continue reading
It is becoming more common these days to define a tax exemption, subsidy, loophole or exclusion as a tax expenditure. That can seem a little confusing until you understand what is happening. Catherine Rampell in an article entitled Tax Breaks: A … Continue reading
The Washington State Supreme Court ruled on February 28, 2013 that Tim Eyman’s Initiative 1053 was unconstitutional. The ruling is a huge win for Washington State taxpayers because it throws out the supermajority vote requirement to close any tax loophole … Continue reading
Not funny how the Republicans refuse to close corporate tax loopholes. Tax loopholes that don’t provide a benefit to taxpayers and working families, but which only add to the corporate profit sheet, are corporate welfare. As Sanders notes, corporate profit … Continue reading