I don't think they've won it - but I do think they are winning the PR side of this battle. Given their formidable power - that should be expected - and understood, but this isn't where I believe the larger war will ultimately play out.
In the end, we need to have this debate - as a country - because it's a tension between two virtues - privacy and securit...(more)
Giant corporations tell the same story over and over: They are overtaxed. There's only one problem: It's not true. There's a problem with our corporate tax code, but it isn't over-taxation. The tax code is so tangled with exceptions and credits that, for some of the biggest companies, the effective federal income rate is zero. That's right – not 35%. Not 20%. Zero.
This gags me. I recently put out a report called– highlighting 20 of the worst federal enforcement failures of 2015. In a single year, in case after case, across many sectors of the economy, federal agencies caught giant companies breaking the law — defrauding taxpayers, covering up deadly safety problems, even triggering the financial c... (more)