This New Puerto Rican Law Makes Wealthy People Want To Move There To Avoid Taxes Business Insider ...Billionaire hedge funder John Paulson, who famously bet against the subprime housing market, is reportedly weighing a move to Puerto Rico to take advantage of a new tax law there...
Wall Street Banks Seize Opportunity to Profit from Nation's Unemployed Common Dreams ...'Too Big to Fail' banks including JP Morgan Chase, U.S. Bancorp and Bank of America have seized on an opportunity to profit off the nation's jobless by siphoning millions of dollars in fees from state unemployment programs...
Unions Gain Latino Members, Could Be Unions' Saving Grace Huffington Post ...Unions lost a record-breaking 547,000 white members in 2012. Meanwhile, membership increased among other races -- particularly Latino. In 2012, unions gained 156,000 new Latino members...
Ranks of working poor increasing Washington Post ...Nearly a third of the nation’s working families earn salaries so low that they struggle to pay for their necessities, according to a new report...
United States Shouldn't Hand Over Battery Technology to China (opinion) US News ...a cautionary tale is being told in a U.S. bankruptcy court in Delaware, where—unless the government acts quickly—over a decade of advanced American technology is about to be handed to the Chinese at a creditors' sale...
Tax Avoidance Saves Wealthiest Americans $3 Trillion Each Year Huffington Post ...Three trillion dollars a year. That's how much the wealthiest Americans avoid through the system of subsidies and schemes and sweet deals that deprive middle-class workers of their earned benefits. That's three times more than the deficit...
House approves 'fiscal cliff' deal, rescinding broad tax hike Los Angeles Times ...It blocked income tax hikes for roughly 99% of households, but allowed rates to rise for those with incomes above $400,000 for individuals and $450,000 for couples. It also renewed tax credits aimed at low-income households and college students, extended unemployment benefits, delayed automatic spending cuts in defense and other government programs for two months...
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