Norm Macdonald has made no secret of his desire to take over Craig Ferguson’s spot on CBS as the host of the Late Late Show . The former Saturday Night Live anchor of Weekend Update — arguably the best one, at that — has been re-tweeting to his 424,000 followers his fans’ messages of support for the idea; the hashtag #LateLateNormNorm has been going strong for weeks. He’s even told Conan O’Brien about his aspirations to host that 12:35 am spot on CBS and talked to The New York Times about his campaign to win over CBS. Whether Norm […]

Click here to view original article Norm Macdonald delivers inspirational graduation speech in Funny Or Die video

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illustration by Michael Hogue There was a time in the Depression of the 1930s when conservative thought sprang from the dire concrete reality of that terrible era, not from abstractions. They did not use the word “conservative” very often, preferring to call themselves “decentralists” or “agrarians.” Eclectic in background, they were columnists, poets, historians, literary figures, economists, theologians, and civic advocates. In 1936, Herbert Agar, a prominent author, foreign correspondent, and columnist for the Louisville Courier-Journal and Alan Tate, poet and social commentator, brought a selection of their writings together in a now nearly forgotten book: Who Owns America? […]

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From Bill Moyers

This week, Bill speaks to Nobel prize-winning economist Joseph E. Stiglitz , who argues that we must reform the tax code and stop subsidizing tax dodgers. A recent report by Americans for Tax Fairness suggests that corporate taxes are near a 60-year low — and that’s partially because corporations have become adept at not paying their share. Here’s a list of 10 tax-dodging corporations that Americans for Tax Fairness called out in their report. Bank of America runs its business through more than 300 offshore tax-haven subsidiaries. It reported $17.2 billion in accumulated offshore profits in 2012. It would […]

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WASHINGTON  – Americans for Tax Fairness and The Other 98% expressed disappointment Monday that the Department of Justice’s $2.6 billion settlement with Credit Suisse for aiding 22,000 Americans in evading U.S. taxes over a decade did not require the company to release the names of those Americans to the U.S. government. The accounts of those Americans were worth as much as $10 billion at their peak . 53,871 members of the two organizations signed a letter demanding that Credit Suisse CEO Brady Dougan “immediately release to the U.S. government the names of the 22,000 wealthy Americans who opened accounts […]

Click here to view original article 53,000 Americans Call on Credit Suisse to Release Names of Tax Dodgers; Groups Are Disappointed Department of Justice Settlement Did Not Require Disclosure

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Despite the potential for huge tax savings, Walgreen Co. is moving to quell talk that it might change its corporate address after completing the acquisition of Swiss pharmacy company Alliance Boots GmBH. Walgreen acquired 45 percent of Alliance Boots in 2012 and is expected to exercise an option on the rest next year. Wall Street is buzzing over the possibility that the Deerfield-based drugstore chain would use the transaction to join a recent wave of American companies—including Aon PLC, until recently in Chicago—that have reincorporated in low-tax foreign locales. “The idea of re-domiciling to Europe seems to be a […]

Click here to view original article A Walgreen HQ in Switzerland?

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The Stop Corporate Inversions Act of 2014 would significantly reduce a tax loophole that allows U.S. companies  that merge with foreign companies to reincorporate offshore in lower-tax jurisdictions – known as an “inversion” – to avoid being subject to U.S. tax on their overseas earnings.   Under current U.S. tax law, the merged company is treated as a foreign company if more than 20 percent of the stock of the merged company is owned by stockholders who were not stockholders of the U.S. company or if the merged company has at least […]

Click here to view original article Summary of the Stop Corporate Inversions Act of 2014

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