| Sep 27, 2014
| 9:00 PM
Higher education is failing. In Florida, more than 50 percent of students enrolled in four-year institutions have loan debt, a burden that averages out to more than $22,000 per student. Ten percent of young people in our state are unemployed and...
| Sep 23, 2014
| 7:09 AM
With Congress unable to agree on legislation to stem a surge of offshore corporate moves, the Obama administration took executive action Monday to discourage companies from shifting their headquarters abroad to reduce their U.S. tax bills.
| Sep 22, 2014
| 3:41 PM
The Obama administration on Monday announced long-awaited executive actions to try to discourage companies from reincorporating abroad to reduce their U.S. taxes.
The steps -- technical revisions to the tax code -- will "meaningfully reduce the economic...
| Sep 22, 2014
| 6:35 PM
WASHINGTON The Obama administration announced regulatory steps Monday to deter U.S. corporations from merging with foreign companies and shifting their headquarters to countries with lower tax rates.
The new measures, which take effect immediately, would...
| Sep 11, 2014
| 2:29 PM
WASHINGTON (Reuters) - U.S. Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes....
| Sep 16, 2014
| 2:16 PM
WASHINGTON (Reuters) - The U.S. Senate's top Democratic tax-writer said on Tuesday he is considering linking legislation to curb foreign corporate buyout deals known as inversions with separate efforts to renew expired tax breaks that businesses want...
| Sep 19, 2014
| 10:51 AM
Horizon Pharma Inc., a Deerfield-based specialty drugmaker, shifted its corporate address to Ireland Friday, defying a threat by Democratic lawmakers to unwind such maneuvers retroactively.
Now known as Horizon Pharma, it's the first company to complete...
| Sep 17, 2014
| 2:12 PM
WASHINGTON (Reuters) - The U.S. Senate's top Democratic and Republican tax law writers on Wednesday both urged colleagues to renew a set of expired federal tax breaks, many of which support renewable energy.
Known as "extenders" and regularly renewed...
| Sep 15, 2014
| 3:10 PM
Congress may yet pass legislation this year to curb foreign buyout deals that allow corporations to cut their U.S. income taxes, a leading Democratic lawmaker said on Monday.
Many large corporations have moved to trim their taxes in recent months by...
| Sep 11, 2014
| 11:57 AM
The Republican Party's libertarian tide, which waxed strongly over the last four years, has begun to recede in the face of growing public fears about Islamic militancy in the Mideast.
The latest evidence of the shift comes from a Pew Research Center...
| Sep 10, 2014
| 6:36 AM
WASHINGTON (Reuters) - More than 500 U.S. organizations on Wednesday urged the Obama administration to ditch the system of congressional authority to fast-track trade negotiations, demanding a more transparent method of handling trade negotiations.
| Sep 9, 2014
| 11:05 AM
WASHINGTON The head of the Senate's tax-writing panel issued a statement Tuesday offering Republicans a carrot to join Democrats in blocking the ability of some U.S. corporations to shift headquarters overseas to enjoy huge tax breaks called inversions....