U.S. Businesses Dodging Taxes?  IRS Pulls Reins Tighter
Economy / Regulation / Tax / Taxes

U.S. Businesses Dodging Taxes? IRS Pulls Reins Tighter

The Internal Revenue Service (IRS) and the U.S. Department of Treasury issued a Notice (Notice 2014-52) last Monday that would further their efforts to prevent U.S. companies from using an increasingly prevalent tactic known as inversion to lower their tax bill. Conventionally, an inversion is a negotiation in which a U.S. multinational company restructures with a foreign … Continue reading

Favoritism has critics and environmentalists alike calling fowl!
America / Energy

Favoritism has critics and environmentalists alike calling fowl!

With the nomination of Gina McCarthy to be the newest chief of the Environmental Protection Agency, a lot of shade has been thrown on the administration’s lack of transparency and practices of favoritism. First Senator Vitter delayed the vote with 1,038 questions, which he then narrowed to five key demands. Now it is looking like Republicans … Continue reading

America / Economy / Fiscal policy

“Wait, the IRS lost?” Regulatory Deference at a Crossroads

Amid the sea of adjectives that flowed over Monday’s second inauguration of President Obama, several television commentators made a pointed observation. Presidential Inaugurations are certainly occasions to celebrate the American constitutional system; however, there is no more demonstrable picture of this country’s enigmatic arrangement than the sight of President Obama taking his oath at the … Continue reading