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    institute for public accuracy

    Elon Musk

    Wealthy Corporations Are Cheating Ordinary Americans Twice

    Corporate tax dodging deprives the nation of billions of dollars in revenue while exorbitant executive pay siphons money from worker wages, R&D, and other productive investments to support a strong economy.

    Sarah Anderson
    Mar 21, 2024

    Want to know just how bad the problems of corporate tax dodging and excessive executive pay have gotten?

    In a new report, the Institute for Policy Studies and Americans for Tax Fairness analyze executive pay data for some of the country’s most notorious corporate tax dodgers over the period 2018-22. What did we find? Thirty-five of these firms actually paid less in federal income taxes than they paid their top five executives—despite reporting strong profits.

    Keep ReadingShow Less
    Opinion
    taxation
    Triumph of Conventional Wisdom: AP Expunges Iran/Contra Pardons from Barr's Record

    Triumph of Conventional Wisdom: AP Expunges Iran/Contra Pardons from Barr's Record

    As attorney general in 1992, Barr endorsed Bush’s pardons of Reagan administration officials in the Iran/Contra scandal

    Sam Husseini
    Jan 15, 2019

    A president facing a major scandal, just as the highest-profile trial is about to begin, pardons the indicted or convicted officials around him to effectively stop the investigation that's closing in on his own illegal conduct.

    NYT: Bush Pardons 6 in Iran Affair

    Trump soon? We'll see. But this actually describes what President George H.W. Bush did in 1992.

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    Opinion
    In Open Letter, Scholars and Activists Call on Bernie Sanders to Embrace Foreign Policy That Rejects US Militarism, Bloated Pentagon Budget

    In Open Letter, Scholars and Activists Call on Bernie Sanders to Embrace Foreign Policy That Rejects US Militarism, Bloated Pentagon Budget

    "We believe that Dr. King was correct to assert that racism, extreme materialism, and militarism needed to be challenged together rather than separately, and that this remains true," the group of over 100 scholars and activists write

    Andrea Germanos
    Nov 27, 2018

    Offering their "advice in a spirit of friendship" in an open letter issued on Wednesday, over 100 noted intellectuals, left-wing academics, and progressive activists have urged Sen. Bernie Sanders (I-Vt.) to lay out clear proposals for a foreign policy that rejects U.S. militarism, overseas misadventures, and the outrageous Pentagon budget that continues to cripple funding for many of the progressive programs and policy solutions the senator advocates.

    Given the $1 trillion annually in so-called "national security spending" as well as the military industrial complex's impact on the environment and "the erosion of liberties," Sanders's public comments and policy proposals should address head-on the military and its spending, the group writes in the open letter.

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