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,   
  • President Obama speaks at the 2014 Milwaukee Laborfest - The White House
    ... rules for big banks and ... ponying up billions of dollars to do right by folks who got cheated.  We changed a tax ... have been sitting on ...
    09/1/2014 - 12:46 pm | View Link
  • Yeah, so imagine the huge growing number of first home buyers just ... - Brisbane Times
    Current account deficit widens in June quarter - Sydney Morning Herald
    09/1/2014 - 10:18 am | View Link
  • Remarks by the President at Milwaukee Laborfest - The White House
    ... rules for big banks and ... ponying up billions of dollars to do right by folks who got cheated.  We changed a tax ... have been sitting on ...
    09/1/2014 - 7:58 am | View Link
  • Pondering the Summers of 2012 and 2014 - Safe Haven
    Hilsenrath's "Inside the Risky Bets of Central Banks," WSJ, December 11 ... the index when the advance began on March 9, 2009, are sitting on price
    08/29/2014 - 11:29 am | View Link
  • The Zone transcript: Kirsty Albion - Canberra Times
    The Zone: A climate of change - Brisbane Times
    08/24/2014 - 11:28 am | View Link
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  • 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
  • The Lebowski Blog: Canadian Companies Are Hoarding $Billions for Another Crash
    That might explain why corporations are sitting on hundreds of billions of dollars rather than spending it in taxes. The economy looks to be doing well in a couple of areas...and by that I mean the major banks and ... from corporate tax cuts from the ...
    10/19/2012 - 1:00 pm | 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 ...
    02/2/2012 - 9:12 pm | View Link
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  • 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 ...
    09/12/2014 - 4:27 pm | View Website
  • Tax haven
    A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all. Individuals or corporate entities can find it attractive to ...
    09/12/2014 - 9:11 am | 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 ...
    09/11/2014 - 4:50 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
    09/10/2014 - 6:50 am | View Website
  • Senate Report: Tax Move Helped Hedge Funds Save Billions
    Markets Senate Report: Tax Move Helped Hedge Funds Save Billions Companies Claimed Long-Term Capital Gains for Trading Activity
    07/21/2014 - 1:19 pm | View Website
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