taxes

  • April 30, 2012  

    Apple paid a collective tax rate of 9.8 percent around the globe in 2011 while Wal-Mart paid 24 percent, according to a recent New York Times investigation. Jeffrey Brown, the Times’ Charles Duhigg and economist Martin Sullivan discuss how Apple uses offices in Nevada and elsewhere to minimize its taxes and maximize profits. Continue reading

  • April 17, 2012  

    Tax filing day this year brought protests and rallies across the country, both for tax cuts and tax fairness. While the issues intertwine, tax cuts and President Obama’s “Buffett rule” push have become key points of contention in Congress and on the campaign trail. Gwen Ifill reports. Continue reading

  • April 17, 2012  

    With renewed talk of tax cuts and President Obama’s “Buffett Rule,” political maneuvering in Congress and on the campaign trail has turned toward the U.S. tax system. On this tax day, Jeffrey Brown discusses tax reform options with the Brookings Institution’s Alice Rivlin and the Tax Policy Center’s Donald Marron. Continue reading

  • April 3, 2012  

    In a blistering attack on the House-Passed Republican budget Tuesday, President Obama called the plan proposed by Rep. Paul Ryan a “Trojan Horse” and “a prescription for decline.” Judy Woodruff, Jared Bernstein of the Center on Budget and Policy Priorities and the CATO Institute’s Daniel Mitchell discuss the GOP budget plan.

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  • March 9, 2012  

    Despite myriad tax collections — from income to Social Security, the U.S. still has a budget deficit of $1.3 trillion. In this Need to Know excerpt, Ray Suarez and a panel of experts including former New York Gov. Eliot Spitzer examine specifically how the country could raise more money while making the tax code fairer. Continue reading

  • February 29, 2012  

    Seven states have passed legislation officially recognizing companies with a conscience. Called benefit corporations, or B Corps, the firms strive to make a positive impact on society while also turning a profit. Economics correspondent Paul Solman reports as part of his Making Sen$e of financial news series. Continue reading

  • February 16, 2012  

    House Minority Leader Nancy Pelosi told Judy Woodruff in an interview Thursday that the deal forged on Capitol Hill to extend a payroll tax cut and continue unemployment insurance benefits will create jobs and help the economy. Pelosi also discussed upcoming legislation in the House, campaign finance and the 2012 elections. Continue reading

  • February 13, 2012  

    Unveiling a $3.8 trillion budget blueprint on Monday, President Obama cast the plan as an essential tool to spur economic growth and noted that tough choices would put the country “on a more sustainable fiscal path.” Republicans called the plan a “campaign document.” Ray Suarez reports. Continue reading

  • January 31, 2012  

    In other news Tuesday, the death toll neared 60 in a sub-zero cold wave across Central and Eastern Europe as temperatures dropped to -17 degrees Fahrenheit in some places. Also, the Food and Drug Administration approved a drug called Kalydeco for use by 1,200 patients with a rare form of cystic fibrosis. Continue reading

  • January 30, 2012  

    In their 17th meeting in two years, leaders of 27 member states of the European Union reconvened in hopes of taming an economic crisis that threatens to entangle the continent in another recession. Margaret Warner reports from Belgium’s capital on disagreement over austerity measures, both on the street and in the summit. Continue reading