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,   
BING NEWS:
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    In Q4 2018, which ended March 31, the company’s effective tax ... banks and other institutions hoping to recover funds lent to delinquent parties, it’s just that it reminds me of a boiler room operation where low-paid employees are dialing for dollars.
    06/4/2018 - 2:48 am | View Link
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  • Canada could make billions from legal pot
    But Canada's recreational marijuana market is expected to mean big dollars. According to recent estimates from ... which on average have taken more than a year to get their retail and tax infrastructure built, Canada will build on government-supported ...
    12/3/2017 - 5:13 pm | View Link
  • Canada could make billions from legal pot
    But Canada's recreational marijuana market is expected to mean big dollars. According to recent estimates from ... which on average have taken more than a year to get their retail and tax infrastructure built, Canada will build on government-supported ...
    12/2/2017 - 11:08 am | View Link
  • Canada Could Make Billions From Legal Pot by 2021
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    12/2/2017 - 10:37 am | View Link
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BING SEARCH:
  • Billions sitting in trust accounts in banks
    Billions sitting in trust accounts in banks More than K1 billion of public money is sitting in trust ... ‘Abel fails to clarify tax evasion by KPH’
    06/15/2018 - 3:03 am | View Website
  • Obscure Item in Tax Bill Costs Banks Billions and ...
    Obscure Item in Tax Bill Costs Banks Billions and Increases ... Banks Billions and Increases Borrowing Costs ... billions of tax dollars must be ...
    06/14/2018 - 1:34 pm | View Website
  • Tax law brings big paper losses, long-term gains to US banks
    Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law. And while the losses are massive, they were largely expected, and bank executives say the new tax law will be good for banks as well as the economy in the long run.
    06/8/2018 - 10:28 am | View Website
  • David Dayen on Twitter: "Tax revenues are the deposit base ...
    Tax revenues are the deposit base. Tens (hundreds) of billions of dollars sitting in Wall Street banks that could be instead leveraged to use in local communities.
    05/22/2018 - 1:59 am | View Website
  • Tax law brings big paper losses, long-term gains to US banks
    Just like Apple, which has billions of dollars of its profits sitting in overseas subsidiaries, some of the major Wall Street banks also have foreign subsidiaries where they have been holding profits abroad in hopes of getting a better tax rate on those earnings.
    01/16/2018 - 3:17 pm | View Website
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