Tag Archives: oligarchy

How the elite buy politics and the future of America

A nonprofit group with ties to Charles G. and David H. Koch provided grants of $236 million to conservative organizations before the 2012 election, according to tax returns the group is expected to file Monday, underscoring the broad reach of the political movement the two business executives and their advisers have built in recent years.  […]

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 […]