The Breakdown: Why Aren’t Corporations Paying Their Taxes?

The Breakdown: Why Aren’t Corporations Paying Their Taxes?

The Breakdown: Why Aren’t Corporations Paying Their Taxes?

With pressure for deficit reduction mounting on both sides of the aisle, will legislators go after uncollected corporate taxes? Christopher Hayes asks David Cay Johnston why this revenue stream is off the agenda.

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With pressure mounting for both sides of the aisle to pursue a more fiscally responsible budget plan, Chris Hayes talks to David Cay Johnston about why generating more revenue from uncollected corporate taxes isn’t on the agenda.

While pressure mounts for both sides of the aisle to pursue more fiscally responsible budget plans in Washington and around the country, many are rightly wondering why generating more revenue from uncollected corporate taxes isn’t on the agenda. There’s even a citizens’ movement called US Uncut afoot to hold corporations accountable for their tax evasion. On this week’s episode of The Breakdown, DC editor Chris Hayes talks with Pulitzer Prize–winning journalist David Cay Johnston about the manifold maneuvers corporations carry out in order to avoid paying their share of contributions to civil society.

Resources:

Johnston’s page on tax.com with links to his writings.
Previous Breakdown episode with Johnston, How Much Will Tax Sweeteners Cost Taxpayers?
Johann Hari’s report on the Uncut movement, How to Build a Progressive Tea Party.
Nation slideshow, 8 Corporations That Owe You Money.

Subscribe to The Breakdown on iTunes to listen to fresh takes on the confusing concepts that make politics, economics and government tick. A new episode every week!

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