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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMarty Sullivan figured out how the world’s biggest companies avoided billions in taxes
A few miles away in Arlington, a 55-year-old economist named Marty Sullivan sat on a folding metal chair at a card table in the garage of his modest brick home and watched the hearing unfold on his laptop computer. Sullivan is one of those unheralded members of the permanent Washington establishment who make things work, at least when the politicians let them. And for two decades, from the same home office, Sullivan has been exposing the tax-dodging schemes of multinational corporations in the columns of Tax Notes, a must-read publication for tax lawyers, accountants and policy wonks.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/26/marty-sullivan-figured-out-how-the-worlds-biggest-companies-avoided-billions-in-taxes-heres-how-he-wants-to-stop-them/
pinto
(106,886 posts)devils chaplain
(602 posts)What politicians keep forgetting is that you cant partner with the corporate community when it comes to writing the tax laws, Sullivan explains. Theyre not partners they are adversaries.
pansypoo53219
(20,981 posts)indepat
(20,899 posts)taxes. The Congress has dutifully acquiesced to the point large corporation now have an effective tax rate of 7%, less than one-half of what is paid in payroll taxes on the first dollars of earned income of real people. What the gipper did not know is corporations would be deemed to be people by the felonious five, so now we have another class of obscenely wealthy pseudo people who generally pay little income taxes. Thanks, gipper, for your magnificent body of work: life is so much better for most Americans because of your works that surely deification can't be far off.