tax breaks

Follow the Money to Real Growth, Not Tax Breaks

This week, David Cay Johnston published a thought experiment titled "How Would You Invest $1 Billion Under the Current Tax System?" Its premise is that if we use tax policy to boost demand, we can find more profitable ways to invest. It's a premise DailyFinance columnist and venture capitalist Peter Cohen rejects.

GOP Senators Block Small Business Bill

Senate Republicans blocked a final vote on a bill to provide aid for small businesses Thursday in the latest example of the GOP using procedural tactics to stymie President Barack Obama's election-year agenda. Each side accused the other of turning the issue into a political football.

Oil Companies Reap Billions in U.S. Tax Breaks

The oil industry is subsidized beyond virtually any other business in America, enjoying tax breaks that average $4 billion a year. The massive tax breaks reaped in BP's disastrous Deepwater Horizon project, which caused the worst offshore oil spill in U.S. history, are typical.

Obama Calls for Small Business Tax Breaks

The federal government should give tax breaks to small businesses in order to hasten job creation, President Barack Obama said Tuesday as part of his latest plan to fight stubbornly high unemployment. The president also called for further investments in infrastructure and energy efficiency.