Shares of the social network go on sale Friday at an initial public offering expected to be one of the largest ever--so how's it managing to get a $3 billion tax break?
Saverin exemplifies the spoiled 1 percenter who erodes the fabric of the country that afforded such opportunity by not paying back the investment America made in him.
Mitt Romney's wife held a tax day fundraiser in New York--and found a day of protest from working people angry at the Romneys and their 1% friends' low tax rates.
Mitt Romney has estimated he’ll pay a tax rate of only 15.4 percent. He's among the millionaires and billionaires – the 1 percenters – enjoying the lowest levels in 50 years.
Sarah Anderson, Scott Klinger, The Nation. April 16, 2012.
AT&T, Boeing, Citigroup, Duke Energy and Ford reported more than $20 billion of US pre-tax income last year, but didn't pay any federal income taxes. Here's why.
As progressive groups and unions make a deal to push for a tax increase on the rich coupled with a small sales tax hike, some wonder if they've compromised too much.
GE paid an average of 2.3% in taxes over the last ten years, while slashing its US workforce by 32,000 jobs. But its new ad campaign aims to whitewash all that.
Instances of nonviolent youth treated like criminals -- strip-searched or shackled for minor infractions -- shed light on a widespread problem in America's schools.
The Speaker of the House has been doing the Tea Party's bidding on the payroll tax--but this time they demanded too much, and the GOP had to admit defeat.
Americans have learned the hard way that when rich organizations and wealthy individuals shower Washington with millions in campaign contributions, they get what they want.
