90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Taxes And The American Corporation

American corporations paying zero in American taxes, starting with General Electric. We’ll look at what’s going on.

Jeffrey R. Immelt, right, General Electric's chief executive, was appointed by President Obama to head the President's Council on Jobs and Competitiveness. (AP)

Jeffrey R. Immelt, right, General Electric's chief executive, was appointed by President Obama to head the President's Council on Jobs and Competitiveness. (AP)

Just over two weeks until tax day now -– April 15th. You may be burning the midnight oil, trying to figure out what to pay, how to pay, how to save a buck. American multinational corporations have that game down.

In the 1950s, almost a third of federal tax receipts came from corporations. Today, that’s been whittled down to 6.6 percent.

Some of the biggest global players are parking profits overseas, and paying little or nothing at home. It’s legal. But it’s also been lobbied to a fare thee well. At a time of massive deficits, some call it corrupt.

This hour On Point: U.S. corporations, global tax games.

- Tom Ashbrook

Guests:

David Kocieniewski, tax reporter for the New York Times.

Martin Sullivan, contributing editor for Tax Analysts, a non-profit, nonpartisan group that produces research and analysis on tax policy.

James Hines, professor of Law and Economics at the University of Michigan and an expert on tax issues.

More:

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 19, 2014
No campaigners celebrate as results come in at the Scottish independence referendum count at the Royal Highland Centre in Edinburgh,Scotland,Friday, Sept. 19, 2014. Scottish voters have rejected independence and decided that Scotland will remain part of the United Kingdom. The result announced early Friday was the one favored by Britain's political leaders, who had campaigned hard in recent weeks to convince Scottish voters to stay. It dashed many Scots' hopes of breaking free and building their own nation. (AP Photo/David Cheskin)

ISIS and arming Syrian fighters. Scotland rejects independence. NFL turmoil. US troops and Ebola. Our weekly news roundtable goes behind the headlines.

Sep 19, 2014
Joseph O'Neill (courtesy of the author)

Author of “Netherland,” novelist Joseph O’Neill is back, with “The Dog,” on globalization, capitalism, and self-discovery in Dubai.

RECENT
SHOWS
Sep 18, 2014
(Flickr/AisleTwentytwo)

Billionaires. We’ll look at the super super rich, and their global shaping of our world.

 
Sep 18, 2014
Flickr/Steve Rhodes

After a summer of deadly clashes between Gaza and Israel, we talk to Jews on the left and right about the future of liberal Zionism. Some say it’s over.

On Point Blog
On Point Blog
Talking Through The Issue Of Corporal Punishment For Kids
Wednesday, Sep 17, 2014

On Point dove into the debate over corporal punishment on Wednesday — as Minnesota Vikings running back Adrian Peterson faces charges in Texas after he allegedly hit his four-year-old son with a switch.

More »
2 Comments
 
Our Week In The Web: September 12, 2014
Friday, Sep 12, 2014

In which you had varied reactions to the prospect of a robotic spouse.

More »
Comment
 
Beverly Gooden on #WhyIStayed
Friday, Sep 12, 2014

Beverly Gooden — who originated the #WhyIStayed hashtag that has taken off across Twitter — joined us today for our discussion on domestic violence.

More »
1 Comment