Starbucks Will ‘Voluntarily’ Pay More UK Tax in Spite of Legal Loopholes

After UK Lawmakers accused it of immorally avoiding tax Dec. 3, Starbucks (SBUX) announced Dec. 6 it would voluntarily pay 20-million pounds in UK corporation tax over the next two years. “Having listened to customers and to the British public, Starbucks in the UK will be making … [Read more...]

Obama Tweets to Rally his Fiscal Cliff Plan as Republicans Propose Their Own Solution

President Obama hosted a town hall forum on Twitter Monday afternoon, urging middle-class Americans to contact their Congressmen to support his budget plans. The president used the hashtag #My2K to reinforce the $2,000 in extra taxes the average American family will pay if Congress … [Read more...]