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,   
  • Meet the Press -
    ... we don't charge them tax. There will be a tax to ... Hundreds of thousands of dollars. The other thing about him, he's bought and owned by ...
    07/24/2016 - 11:53 am | View Link
  • 'This Week' Transcript: Live from Philadelphia Democratic National ... - ABC News
    ... a first lady, a sitting vice ... too lax on banks, hasn’t ... president who wants to give hundreds of billions of dollars in tax breaks to ...
    07/24/2016 - 10:14 am | View Link
  • Sanders endorses Clinton, reversing everything he’s said about ... -
    ... interest from elite banks. ... I have a problem, when a sitting ... our tax code fairer, Donald Trump wants to give hundreds of billions of ...
    07/13/2016 - 1:02 pm | View Link
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  • New ATO Ruling Could Yield Billions for Australian Banks
    All four major banks are down around 10%. And a large reason why is the global boycott on banks. This isn’t helped when banks underperform on results, either. However, soon banks might start to experience a boost in capital. The Australian Tax Office ...
    05/30/2016 - 5:38 pm | 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 - 2:41 pm | View Link
  • Fixed Fortunes: Biggest corporate political interests spend billions, get trillions
    On average, their PACs, employees and their family members made campaign contributions to 144 sitting members of Congress each cycle ... not so mysteriously have the ability to attract federal dollars regardless of who is running Washington.
    11/16/2014 - 8:26 pm | View Link
  • The Biggest Tax Scam Ever: How Corporate America Parks Profits Overseas, Avoiding Billions in Taxes
    Just there’s no tax return. And so you have billions of dollars sitting there. And again ... lower than the efective rate they pay in other countries. This is Democracy Now! When we come back, the "Activists’ Guide to Archiving Video."
    08/28/2014 - 6:34 am | 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 - 1:00 pm | View Link
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  • Sonia Gandhi and Congress Secret Billions Exposed
    Some shocking facts about congress and it’s president Sonia Gandhi exposed, the facts have been compiled from numerous sources from last three decades.
    07/19/2016 - 3:51 pm | View Website
  • International Financing Review
    Little Italy and Brexit fallout. Prime Minister Matteo Renzi has been trying to make a point recently by declaring that the problem facing Italian banks and their non ...
    07/19/2016 - 1:35 pm | View Website
  • Offshore Shell Games 2014 | CTJReports
    What is a Tax Haven? Tax havens are jurisdictions with very low or nonexistent taxes. This makes it attractive for U.S.-based multinational firms to report
    07/19/2016 - 10:08 am | View Website
  • Financial Armageddon Approaches: U.S. Banks Have 247 ...
    Did you know that there are 5 “too big to fail” banks in the United States that each have exposure to derivatives contracts that is in excess of 30 trillion dollars?
    07/18/2016 - 3:17 pm | View Website
  • Congress says no Puerto Rico bailout, but tax deal beat it ...
    Lawmakers say they absolutely, positively will not bail out Puerto Rico, but here’s the thing: The federal government already is bailing out Puerto Rico ...
    07/18/2016 - 5:01 am | View Website
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