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,   
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  • Canada’s NDP Lurches to the Right. The Need for a New, Left-Wing ... - Global Research
    The Election Sitting on the ... their pet projects that wasted billions of dollars – ... fees a “payroll tax.” ... budget and ...
    07/2/2014 - 11:48 am | View Link
  • The Prosperity Paradox: Money, Tech And The End of Scarcity - Forbes.com
    ... an oil sheikh—sitting on billions ... Banks use them to buy government ... The dollars created by this ... Tax policies subsidize second ...
    06/30/2014 - 1:42 pm | View Link
  • America's Marijuana Revolution Ganjapreneurs Hit the Jackpot - Spiegel Online
    Sitting on the beige sofa in ... 40 million in tax revenues ... is depriving the drug cartels of a billions dollars this ... United States ...
    06/30/2014 - 10:59 am | View Link
  • Cooking Up a Career: Surveillance (06/27) - Bloomberg
    Is that sitting on resistance? ... The big banks are pulling out of the ... intermediate bond funds that they pulled billions of dollars from ...
    06/27/2014 - 4:15 am | View Link
  • How Republicans Made Congress Stupid - AlterNet.org
    ... as much—$2.6 billion—on lobbying (which excludes billions spent on ... lecture on how tax reform might work. A year later, when the tax ...
    06/26/2014 - 6:10 am | View Link
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BING NEWS:
  • 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 - 1:00 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 - 3:40 am | View Link
  • Port expansion could draw billions, create jobs
    Florida ports have been pressuring federal officials for months — in some cases, years — to overcome what they consider bureaucratic foot-dragging and congressional gridlock to fund their dredging projects and free up $7 billion sitting idly in a ...
    03/29/2013 - 6:32 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 ...
    06/7/2012 - 12:00 pm | View Link
  • Businesses Getting Billions In Tax Cuts Despite Rising Corporate Cash Reserves
    OTTAWA - Profitable Canadian businesses are set to reap $2.85 billion in additional income tax savings in 2012, even as Prime Minister Stephen Harper complains about all the private "money sitting on ... hundreds of billions of dollars as it rides out ...
    03/31/2012 - 1:00 pm | View Link
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BING SEARCH:
  • Why Should Taxpayers Give Big Banks $83 Billion a Year ...
    On television, in interviews and in meetings with investors, executives of the biggest U.S. banks -- notably JPMorgan Chase & Co. Chief Executive Jamie Dimon-- make ...
    07/27/2014 - 10:31 pm | View Website
  • Follow the money: Bailout tracker
    Program Committed Invested Description; American International Group * See complete AIG bailout below; $70 billion: $69.8 billion: $40 billion in preferred shares ...
    07/27/2014 - 10:16 pm | View Website
  • USDOJ: Jenkens & Gilchrist Attorneys, Former BDO Seidman ...
    Massive, 10 Year Criminal Scheme Generated More Than $7 Billion Dollars of Fraudulent Tax Losses
    07/27/2014 - 7:46 pm | View Website
  • American Recovery and Reinvestment Act of 2009
    The American Recovery and Reinvestment Act of 2009 (ARRA), commonly referred to as the Stimulus or The Recovery Act, was an economic stimulus package enacted by the ...
    07/26/2014 - 6:21 pm | View Website
  • Canadians saving $30 billion thanks to decade of federal ...
    OTTAWA — Canadians are saving more than $30 billion in federal taxes — or a little less than $1,000 per person — due to tax changes introduced in the past ...
    05/28/2014 - 9:16 am | View Website
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