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Today Governor Terry McAuliffe signed an executive order to establish a Virginia Climate Change Commission to proactively develop a comprehensive plan to protect Virginia’s communities from the impacts of climate change. Southern Environmental Law Center’s Cale Jaffe, director of the Virginia office, was selected to join the nonpartisan advisory group.
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There is an outrage in our tax code and it’s costing you money. Federal law currently gives publicly–held corporations a special tax deduction when they pay their executives huge “performance-based” bonuses. The deduction can be worth millions of dollars. The more they shower their executives with such pay, the less publicly-held corporations pay in federal taxes.
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For members of the college and high school classes of 2014, and for past graduates, this effort to tackle the student debt issue is sorely needed.
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One of America’s best known stores may soon decide that it’s no longer American. If it does, you will pay the price and feel real sick about it.
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Governor Terry McAuliffe signed Executive Order #16 today establishing the Virginia Energy Council, which will assist in the development and implementation of a cohesive, comprehensive, and aggressive energy strategy for Virginia.
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President Barack Obama visited the Baseball Hall of Fame in Cooperstown, New York, on Thursday, contributing the jacket that he wore when he threw out the first pitch at the All-Star Game in 2009 against a backdrop that he used to talk about the tourism industry.
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U.S. Senator Tim Kaine joined a group of 13 Senators today to introduce The Stop Corporate Inversions Act of 2014, legislation to address the practice of reincorporating offshore to avoid paying U.S. taxes.
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You pay your fair share of taxes. Small businesses do too. It’s the price we pay to educate our kids, protect our communities and have some security in retirement. Why shouldn’t some of America’s largest corporations pay their fair share too?
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Many politicians spin this as a “spending” crisis, claiming, “There just isn’t any money.” Nonsense. Corporate profits are at an all-time high. The stock market has soared along with CEO bonuses, and yet corporate taxes have fallen to about a fifth of their profits.
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The Partnership to Build America Act, introduced by Representative John Delaney (D-MD) in the House and Senator Michael Bennet (D-CO) in the Senate, offers a way for multinational corporations to bring profits stashed off-shore back to the United States and finally pay tax on those profits, albeit a minuscule one, in exchange for purchasing bonds that would fund infrastructure projects.
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