Categories & Tags: tax breaks

NC passes fracking law, seeks taxpayer subsidies for industry   |   June 6, 2014
This week North Carolina Gov. Pat McCrory (R) signed into law a bill that opens up the state to fracking for natural gas. The Energy Modernization Act will allow drilling permits...

 

INSTITUTE INDEX: Where is the tax justice?   |   April 15, 2014
Official federal percent tax rate for U.S. corporations: 35 Percent of their profits that consistently profitable Fortune 500 companies actually paid in federal income taxes over...

 

INSTITUTE INDEX: North Carolina tax revamp helps rich, hurts poor   |   July 19, 2013
Under a tax reform plan the North Carolina legislature approved this week, revenue the state will lose each year for public schools, health care, and other vital services: $647...

 

What are companies doing with taxpayer money?   |   May 30, 2013
Every year, cities and counties spend more than $25 billion in tax breaks and other subsidies to lure companies to do business in their area. Sold as a necessary cost of bringing...

 

Southernomics as a model?   |   April 1, 2013
By Joe Atkins, Labor South   A recent cover story for the Austin, Texas-based Progressive Populist, headlined "Southern Poverty Pimps," describes in detail...

 

INSTITUTE INDEX: For the 1 percent, a fiscal gift from Congress   |   January 4, 2013
Amount by which the annual tax bill of the richest 1 percent of Americans would have increased under President Obama's original proposal to resolve the so-called "fiscal...

 

Corporations are the real moochers   |   September 21, 2012
By Phil Mattera, Dirt Diggers Digest The firestorm over Mitt Romney's closed-door comments depicting nearly half the U.S. population as parasites is coming mainly from those...

 

INSTITUTE INDEX: The reality behind Romney's tax moocher claims   |   September 19, 2012
Date on which Mother Jones magazine released a video of Republican presidential candidate Mitt Romney telling wealthy donors that "47 percent" of U.S. voters "pay...

 

Bringing renewable energy to North Carolina's neediest   |   June 11, 2012
When it comes to promoting green power, a North Carolina energy watchdog is putting its money where its mouth is by launching a campaign to install solar electric and hot water...

 

VOICES: Walker & Koch Inc. pull it off but the fight continues   |   June 7, 2012
By Joe, Atkins, Labor South Wisconsin Republican Gov. Scott Walker's victory in Tuesday's recall election is being called a crushing blow to organized labor in this...

 

INSTITUTE INDEX: Duke Energy takes from the 99%, gives to data giants   |   May 2, 2012
Date on which the energy watchdog group N.C. WARN filed a petition with the North Carolina Utilities Commission to change the way Duke Energy sets its electricity rates: 5/1/2012...

 

VOICES: Same old song as oil money secures the support of Congress   |   April 3, 2012
By Jennifer Rennicks, Southern Alliance for Clean Energy Last week, the U.S. Senate came up short (yet again) in an effort to end billions of dollars in tax subsidies to oil...

 

The corporate raid on state tax revenue   |   December 12, 2011
By Phil Mattera, Dirt Diggers Digest One of the usual canards of the corporate tax reduction crowd is that high U.S. rates force large companies to invest offshore instead of at...

 

Landrieu opposes Obama jobs plan over ending oil-industry tax breaks   |   September 16, 2011
President Obama unveiled his $447 billion jobs plan last week during an address to a joint session of Congress, calling on members to pass the plan "right away." The...

 

INSTITUTE INDEX: The debt deal's unequal burden   |   August 2, 2011
Under the U.S. debt ceiling agreement expected to be signed into law by President Obama today, initial cuts to federal discretionary spending over the next decade: about $1...