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The language covers “inverted” corporations that operate mostly in the United States but incorporate overseas to ease their U.S. tax bills. Full Article at The Hill
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WASHINGTON, Nov. 10 (UPI) -- Representatives of multinational corporations says they're trying to preserve language in a spending bill that would dilute a ban on federal contracts. Full Article at United Press International
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Anti-abortion Democrats and their leaders tried unsuccessfully to come to agreement about abortion language before debate began. Full Article at Southern California Public Radio
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The Treasury Department told Goldman Sachs last week that it could not use Fannie Mae's tax credits to reduce its own tax liability. Full Article at Politics Daily
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This little gem actually comes from the Senate side and not from the House side of the Obamacare bill (which passed the House on Saturday night 220-215). Full Article at Israel Matsav
Related Quotes
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The only reason you want to invert and get rid of your American citizenship is to avoid paying U.S. taxes
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The only reason you want to invert and get rid of your American citizenship is to avoid paying U.S. taxes
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Our amendment does one very simple thing ... It applies the Hyde amendment — which bars federal funding for abortion except in the case of rape, incest or the life of the mother — to the health care bill.
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Speaker Pelosi's decision to leave in the jail time provision is a threat to every family who cannot afford the $15,000 premium her plan creates ... Fortunately, Republicans have an alternative that will lower health insurance costs without raising taxes or cutting Medicare.
