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Rising state payroll taxes in the U.S. as borrowing from the federal government increases
11/20/2010
Rising state payroll taxes in the US in 2010 acts as a disincentive for hiring. The rising state payroll taxes go to paying back $41 billion in loans from the federal government needed to fund unemployment insurance.
Grouped Articles
States Raise Payroll Taxes to Repay Loans
Wall Street Journal 11/20/2010
Job Tax Plan Lands With a Thud
Wall Street Journal 02/09/2011
Obama Plans to Rescue States With Debt Burdens
New York Times 02/08/2011
Relief for States and Businesses
New York Times 02/09/2011
In Florida, the Unemployed May Face Deep Cuts in Benefits
New York Times 03/31/2011
In Missouri, Extension of Unemployment Pay Is Blocked
New York Times 03/31/2011
Google's U.S. federal tax liability of 18%. GE's low tax rate.
10/28/2010
The US tax rate for corporations at 35%, but the $1.5 billion federal tax liability of Google comes to an effective 18% tax rate. GE's consolidated tax rate of 11.6% from 2005 to 2009. This is also true of other large American companies, raising questions of fairness at a time of budget cuts in education, Medicaid and Medicare. Many U.S. companies, such as Apple, also use offshore tax havens to protect profits from taxes.
Grouped Articles
Apple Avoided Taxes on Overseas Billions, Senate Panel Finds
Wall Street Journal 05/21/13
Appleâs Web of Tax Shelters Saved It Billions, Panel Finds
New York Times 05/20/13
Apple CEO Tim Cook, Lawmakers Square Off Over Taxes
Wall Street Journal 05/22/13
Wall Street Journal 05/22/13
Ireland Defends Tax Laws to Critics at Home and Abroad
New York Times 05/21/13
The Corrosive Effect of Apple’s Tax Avoidance
New York Times 05/23/13
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