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,   
ASK NEWS:
  • Alberta oil woes are Canada's too: Prentice - Mississauga News
    Alberta oil woes are Canada's too: Prentice - Caledonia Courier
    01/15/2015 - 2:00 pm | View Link
  • Austerity or Prosperity? Canada's $626 Billion Question - TheTyee.ca
    Canada's choice: Austerity or prosperity - Rabble.ca
    01/12/2015 - 4:40 am | View Link
  • More
BING NEWS:
  • 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 - 3:14 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
  • How Apple's phantom taxes hide billions in profit
    It's building up an overlooked asset in the form of billions of dollars ... reduce the tax rate on such earnings to 5.25 percent. That would encourage the repatriation of some of the $1.4 trillion in cash that U.S. companies have sitting in overseas ...
    07/23/2012 - 11:33 pm | View Link
  • Billions In Tax Dollars Sitting In Gov't 'Money For Nothing' Accounts
    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 funds ...
    06/7/2012 - 12:32 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 - 12:32 pm | View Link
  • More
BING SEARCH:
  • 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 ...
    01/28/2015 - 3:14 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 ...
    01/28/2015 - 2:02 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 ...
    01/27/2015 - 8:59 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
    01/27/2015 - 2:51 am | View Website
  • Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax ...
    Meanwhile, the companies are deferring hundreds of billions of dollars in U.S. taxes as they lobby to end a system they describe as a competitive ...
    03/12/2014 - 2:43 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News