mrg1985

12 Flips | 3 Magazines | 1 Follower | @mrg1985 | Keep up with mrg1985 on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “mrg1985”

U.S. will hit debt limit between Oct. 18 and Nov. 5, analysis says

WASHINGTON -- The<p>Treasury Departmentwill be unable to pay all the nation’s bills starting sometime between Oct. 18 and Nov. 5 unlessCongressraises the debt limit, according to a private analysis released Tuesday.<p>The new "X date" from the Bipartisan Policy Center gives lawmakers a more specific time …

NSA spying disclosures could cost companies billions

The possiblity of the NSA hacking U.S. technology could reduce overseas trust and sales<p>Sept. 10 (Bloomberg) -- A congressional committee’s effective blacklisting of Huawei Technologies Co.’s products from the U.S. telecommunications market over allegations they can enable Chinese spying may come …

GAO: Big Companies Paid A 12.6% Effective Federal Income Tax Rate

Despite all their griping about the U.S.’s highest-in-the-developed-world 35% federal corporate income tax rate, big profitable U.S. companies paid just 12.6% of their reported worldwide profits in federal income taxes in 2010, a study released today by Congress’ Government Accountability Office …

Obama Entrance Into Tax Rewrite Draws Republican Rebuke

Max Baucus was right. The Senate Finance chairman predicted two weeks ago that an effort by President Barack Obama to start “beating the drums for …

Apple’s tax bill is a window into the global post-industrial economy, and all its problems

The testimony by Tim Cook, CEO of Apple, on his company’s tax-avoiding habits has elicited mixed reactions. Some thought the company was being nailed to the cross; others thought the hearing added up to an Apple love-fest. But on the whole, the hearing wasn’t really about Apple’s tax shenanigans, …

Intellectual Property

Tax reform would fuel U.S. economy

Momentum is building for tax reform — and with good reason. America’s broken tax system was last reformed in 1986, and the global marketplace is moving much faster than a once-a-generation pace. The current rules were fine when U.S. exports dominated a global economy crushed by two world wars, but …

Reporter Glenn Greenwald to testify at Brazil spy probe

<b>A parliamentary commission in Brazil investigating spying allegations says the journalist Glenn Greenwald will be invited to testify next week.</b><p>Mr Greenwald recently published allegations that US officials monitored communications of the Brazilian President, Dilma Rousseff.<p>Another recent report …

Obama calls for Syria's Assad to be held accountable

WASHINGTON– In an address to the nation Tuesday, PresidentObamamade his case for holding Syrian PresidentBashar Assadaccountable for an alleged nerve gas attack that U.S. officials say killed more than 1,400 people, some while they slept, in suburbs outside Damascus.<p>Obama called the Aug. 21 attack …

Syria Tells You Everything You Need to Know About Barack Obama

The good news is we’re not at war. The bad news is “¦ al­most everything else about Pres­id­ent Obama’s hand­ling of Syr­ia—the fum­bling and …

How Republican Leaders Got Screwed For Backing Obama On Syria

"Clearly Members tend to reflect their constituents. The American people have not been supportive. He has not made the sale to the American people," Speaker John Boehner said Tuesday.<p>WASHINGTON — In the days following President Obama's announcement that he would seek congressional approval to order …

Take that, D.C. gasbags!: How angry Americans may stop a disaster

As the Beltway wise men all lined up behind a war, the people spoke loudly against it — and humiliated the elites<p>As President Obama apparently submits to domestic and international pressure to back off his plan for an immediate war with Syria, prepare to hear the standard Multidimensional Chess™ …