Tag Archives: Corporations
Sugar corporations push Cambodian farmers off land
The corporate practice in Cambodia of obtaining tens of thousands of acres from the government as economic development concessions for large sugar plantations, while paying modest compensation to farmers pushed off the land, places a harsh light on international trade pacts that are meant to help the world’s poorest countries. http://www.nytimes.com/2013/10/01/business/international/in-cambodias-cane-fields.html?ref=world The culprits are the […]
Wealth redistribution continues to be funneled to sociopaths
Robert Benmosche, the chief executive of the American International Group, said something stupid the other day. And we should be glad, because his comments help highlight an important but rarely discussed cost of extreme income inequality — namely, the rise of a small but powerful group of what can only be called sociopaths. http://www.nytimes.com/2013/09/27/opinion/krugman-plutocrats-feeling-persecuted.html?src=me&ref=general Mr. […]
Corporations pay lobbyists to avoid most taxes in US
The biggest, most profitable American companies paid only a fraction of the taxes they would owe under the official corporate rate, according to a study released on Monday by the Government Accountability Office. http://www.nytimes.com/2013/07/02/business/big-companies-paid-a-fraction-of-corporate-tax-rate.html?ref=us Using deductions and legal loopholes, large corporations enjoyed a 12.6 percent tax rate far below the 35 percent tax that is […]
Dirty Babylon 