Tags » Senator Carl Levin

Obama targets foreign profits with tax proposal, Republicans skeptical

”President Barack Obama’s fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by U.S. companies, and a new approach to taxing foreign profits in the future, but Republicans were skeptical of the plan on Sunday,” Jeff Mason and Kevin Drawbaugh report for Reuters. 776 more words

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Senator Rand Paul finds Democratic partner for tax repatriation holiday

”Senators Rand Paul and Barbara Boxer are proposing a tax incentive for U.S. companies to bring home their offshore cash stockpiles and pledging to use that revenue to fund highways,” Richard Rubin reports for Bloomberg. 604 more words

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Senator Levin Retires from U.S. Senate

(WLNS) – Senator Carl Levin has represented Michigan in the U.S. Senate since 1978.

Now, six terms later, he’s retiring.

On Friday he gave his final address from the senate floor. 60 more words

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Fourteen Days

Here in Michigan, we have just fourteen days to turn around a state that took a wrong turn when it elected a little known businessman named Rick Snyder. 489 more words

The "inversion" issue is about whether the U.S. can tax income of other countries NOT patriotism!

Through “inversions” U.S. companies are unilaterally rejecting U.S. citizenship based taxation and embracing the world standard of “territorial taxation”

GE Executive argues that corporate profits should be taxed only in the territory/money where the money is earned – …

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Citizenship-based Taxation

HFT Chapter 3: U.S. Senate To Hear About Payment-For-Order-Flow, Conflicts of Interest and Best Execution

MarketsMuse Editor Note: Finally, the topic of payment for order flow, the questionable practice in which large brokerage firms literally sell their customers’ orders to “preferenced liquidity providers”, who in turn execute those orders by trading… 657 more words

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Michigan Representatives, Levin, Dingell, Defend Bergdahl's Rights

DETROIT (WWJ) — Recently, a Taliban spokesman refused to comment on whether the group had threatened to kill the recently released U.S. Sergeant Bowe Bergdahl. 209 more words

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