Tag Archives: taxes

Amazon: “I am the law!” (in Seattle and D.C)

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(Judge Dredd 1995) Rather than back down from the rising national and international antitrust scrutiny put upon Amazon for its continued acquisitions and online-sellers’ growing dependence on the site, the company is preparing for a long fight. Amazon’s in-house lobbyists hires have tripled in the last 3 years, an addition to the 13 lobbyist firms it employs. And while Amazon’s total lobbying amount of $14 Million lags behind Google’s $21 Million. Amazon’s rate of investment into lobbyists is growing far faster than any other tech company, at 460% since 2012. Amazon’s relationship with D.C has become very intense as the Continue reading Amazon: “I am the law!” (in Seattle and D.C)→

Saving the World, One New Tax at a Time

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Everywhere you look there are inevitably headlines about the imminent threat of climate change. The oceans are rising, the ice caps are melting, and the forests are burning. The Green New Deal could be a game changer in helping to slow down some of these harmful impacts of climate change. That being said, rather than focus on how exactly policy will help address these issues, there is a much greater focus on the grand vision of what will be accomplished. This plan has lofty goals of both limiting climate change while also addressing social and economic concerns of the nation. These Continue reading Saving the World, One New Tax at a Time→

Delaware: Worse Than the Cayman Islands

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Can you guess which State is home to the most Fortune 500 companies? I bet Delaware was not obvious. That random State most people rack their brains to place on a map is taking the lead over the equally un-placeable Cayman Islands for best tax haven on Earth. Delaware has more corporate entities than people – 945,326 to 897,934. Last year alone over 133 thousand businesses set up there, and they’re paying very very little in taxes. About $9.5 billion in taxes is assumed to have been avoided just do to Delaware being a lousy teammate. “The Delaware loophole,” as Continue reading Delaware: Worse Than the Cayman Islands→

The European Pension Problem and what the U.S. should Learn from It

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[This post was written for Sound Economics by Geremia Lizier-Zmudzinski] The 20th century saw a rise in global prosperity as medical and economic advancements contributed to vast improvements in the life of the average person. However, they haven’t come without unintended consequences – one of which is now very obvious in Europe. Thanks to rapid progress in medicine and health care, life expectancy across European countries has risen from 69 to 80 since the 1960’s. Meanwhile, as industrialization, global trade, and technological improvements, to name just a few factors, have improved the quality of everyday life, people are less inclined Continue reading The European Pension Problem and what the U.S. should Learn from It→