Making Money and Paying the Corporate Minimum Tax
If you ask a corporation, “Did you make money last year?” its response may well be, “Who’s asking?”
If you ask a corporation, “Did you make money last year?” its response may well be, “Who’s asking?”
I want climate change.
No, I’m not talking about an increase in Earth’s temperature that would melt the polar ice caps.
While Oregon families have seen their Oregon 529 plans turn into 0.529 plans, their 401K plans turn into 0.401K plans, their homes’ values shrink, and interest rates on their savings accounts and CDs drop to next to nothing, taxpayers in the State of Oregon have been helping Wal-Mart make a nice return on its money.
In a hilarious (albeit adult-only) skit on how the British government should address a fiscal deficit with taxation (youtube.com link), Monty Python’s Terry Jones says “To boost the British economy, I’d tax all foreigners living abroad.” (family-friendly WMV of just quote).
When lawmakers conceive of a new or expanded public program, they typically provide details to the budget-writing Joint Ways and Means Committee, who determine its cost.
Sure, New York has brought us some Big Apple-sized stinkers of late, from the Wall Street derivative house of cards to the Bernard Madoff massive Ponzi scheme.
There’s little doubt that Oregon’s economy is sliding and that state revenues will not be adequate to meet this and the next budget cycle’s demands for public services.
Minnesotan Garrison Keillor once joked, “I believe in looking reality straight in the eye and denying it.
Irving Berlin learned that in 1942 the federal government was going to undertake “unprecedented income tax collections” to support the war effort, so he volunteered to write a popular song to aid in the tax collection effort.
Years ago, facing legal and political pressure for marketing cancer sticks to youth, R.J. Reynolds put out to pasture its infamous Joe Camel mascot.
© Oregon Center for Public Policy 2023