Firms like Deloitte, KPMG, Ernst and Young and Price Waterhouse help companies engage in tax evasion. This is one way the corporate taxes are kept so low. Getting a solid number on the taxes paid by corporations is not easy. First of all, all the conservative sites list the published corporate rate, which is like [...]
Archive for the ‘Tax Evasion’ Category
What Do Corporations Actually Pay in Taxes?
Posted in Tax Evasion, tagged Conservative Values on December 30, 2009 | Leave a Comment »
What is the Real Purpose of the SEC?
Posted in Stock Market, Tax Evasion on January 11, 2008 | 1 Comment »
The SEC uses the concept of “change of course” in order to rationalize their internal corruption and their disinterest in policing the securities industry. Their aggressiveness is tempered by the fact that they come from, and go back into the industry for employment. First its important to consider that there are only a few protections [...]
Unquestioned Capitalism
Posted in Alternate Economic Philosophies, Economic History, Economics, Globalization, Inequality, Media Corruption, Tax Evasion, tagged Milton Friedman, Slavery on January 11, 2008 | 3 Comments »
Introduction The term capitalism is often applied as a blanket term that connotes a positive view on any structure that concentrates economic power. Unknown to many that use the term, all economies are mixtures of capitalistic and socialistic structures, regulations and social programs. A free market solution is not applicable to many if not most [...]
Private Banking – Instrument of Tax Evasion
Posted in Banking, Tax Evasion on January 11, 2008 | 6 Comments »
Abstract The actual taxation rate of many companies and wealthy individuals is under counted as a good portion of these monies are sent off to private banks. These private bank accounts pay no taxes. One needs a substantial amount of money to open a private banking account meaning that tax evasion is much more common [...]