Earth News

Representation Without Taxation: Fortune 500 Companies that Spend Big on Lobbying and Avoid Taxes

We identify the “Dirty Thirty” companies that were especially aggressive at dodging taxes and lobbying Congress. These companies so deftly exploited carve outs and loopholes in the tax code that all but one of them enjoyed a negative tax rate over the three year period of the study, while spending nearly half a billion dollars to lobby Congress on issues including tax policy. Altogether they collected $10.6 billion in tax rebates from the federal government.

(Source: azspot)

Via AZspot

Pure Politics: Keystone Pipeline May Go Online in 2014 as Expected - CNBC

“We view this announcement as politically driven and do not believe that it precludes Keystone XL from eventually receiving a Presidential Permit in early-2013, as the company previously expected,” said Linda Ezergailis of TD Securities, in a note to clients.

We “do not expect this delay to notably impact oil sands production and construction forecasts at this point,” wrote Tahira Afzal, a KeyBanc analyst.

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I would just like to introduce myself

I have always been very interested in what is going on in the world. I have always surrounded myself with book, documentaries, documents, anything to inform me of the state of the world. As I got older I became more and more aware that I was very much alone in my concerns about world news; even the news media in my country focuses little on things I consider to be important. This blog is my way of sharing real news and events, as well as my own opinion every now and again. Thank you for reading.


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