Billions In Tax Dollars Sitting In Banks Unused

Congressional report, "Money for Nothing," cites funds set aside but, often due to laws, going unspent when projects languish

Topics:  money for nothing,   
  • The Shockingly Simple, Surprisingly Cost-Effective Way to End ... - Mother Jones
    Now he's sitting on the back ... Low Income Housing Tax Credit ... to allocate billions for ... and county general-fund dollars. ... one of ...
    02/17/2015 - 10:36 am | View Link
    ... maximizes the global benefits with a progressive tax on income in the ... AS IT SERVES THE FINANCIAL INTERESTS OF THE OLIGARCHY OF WESTERN ...
    02/15/2015 - 4:26 am | View Link
  • Rates elastic for your plastic - Canberra Times
    Credit card interest rates stay high - Northern Daily Leader
    02/14/2015 - 4:05 am | View Link
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  • Wall Street Captures Billions A Year In Fees On American Retirement Savings
    The upside: The product offered tax-deferred earnings and ... the arrangement has sent hundreds of billions of dollars in American retirement savings flowing into the pockets of commission-hungry brokers and Wall Street banks. For Americans cumulatively ...
    02/25/2015 - 10:29 am | View Link
  • ATO tax amnesty nets billions, but hunt for rich with secret Swiss accounts continues
    Thousands of rich Australians have come forward to declare billions of dollars in untaxed ... individuals dodging tax. On top of this, the OECD and G20 are working on a common reporting standard that will see information held by banks and other financial ...
    12/8/2014 - 6:12 pm | View Link
  • Marty Sullivan figured out how the world’s biggest companies avoided billions in taxes. Here’s how he wants to stop them.
    It was 1985, and tax reform had become a top priority for both the Congress and the Reagan White House. “Suddenly I was sitting in a room with a dozen ... venture capital firms, investment banks and giant family-owned companies. Today, the Treasury ...
    10/25/2013 - 9:00 pm | View Link
  • Swiss insurers brace for next U.S. crackdown on untaxed billions
    ZURICH, July 4 (Reuters) - Swiss insurers are scrambling to defend themselves against possible investigations into billions of dollars of untaxed ... United States to protect banks accused of helping U.S. citizens to evade tax, a new cross-border law ...
    07/4/2013 - 3:43 am | View Link
  • Billions in tax dollars sitting in banks unused
    (CBS News) The federal debt is now about $16 trillion. However, billions of tax dollars are sitting in bank accounts, doing absolutely nothing, according to a congressional report. It's called "Money for Nothing," and it adds up the staggering amount of ...
    06/8/2012 - 5:56 am | View Link
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  • Tax haven
    A tax haven is a state, country or territory where, on a national level, certain taxes are levied at a low rate or not at all. It also refers to countries which have ...
    02/26/2015 - 11:58 pm | View Website
  • U.S. Foreign Aid to Israel
    U.S. Foreign Aid to Israel Congressional Research Service 1 Overview For decades, the United States and Israel have maintained strong bilateral relations based on a
    02/26/2015 - 5:24 pm | View Website
  • Citigroup
    Citigroup was formed on October 9, 1998, following the $140 billion merger of Citicorp and Travelers Group to create the world's largest financial services ...
    02/26/2015 - 5:35 am | View Website
  • Tax Dollars at Work: Mountain Lions on Treadmills ...
    Sen. Tom Coburn (R., Okla.) released his final Wastebook on Wednesday, and it did not disappoint. Dr. Coburn, who is retiring after this term, chronicled $25 billion ...
    10/21/2014 - 7:59 pm | View Website
  • Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax ...
    March 12 (Bloomberg) -- The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries ...
    03/12/2014 - 4:02 pm | View Website
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