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President Barack Obama during a recent press briefing at the White House. (AP Photo/Jacquelyn Martin)
President Barack Obama during a recent press briefing at the White House. (AP Photo/Jacquelyn Martin)
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Obama mulls executive action on corporate tax dodges

By Associated Press August 5, 2014

WASHINGTON (AP) -- Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.

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Category: Money & Business, News from NJ1015.com Tags: ,
President Barack Obama pauses as he speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip. (AP Photo)
President Barack Obama pauses as he speaks about the economy at the Los Angeles Trade-Technical College in Los Angeles, Thursday, July 24, 2014, on the final day of his three-day West Coast trip. (AP Photo)
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Obama: Offshore ‘tax inversions’ are unpatriotic

By Associated Press July 26, 2014

WASHINGTON (AP) -- President Barack Obama says a loophole that lets companies dodge U.S. taxes by moving their headquarters overseas is unpatriotic.

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Category: Money & Business, News from NJ1015.com Tags: ,
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GOP Reaction Mixed to Obama’s Corporate Tax Proposal

By Associated Press February 22, 2012

Reaction among Republicans is mixed, after a proposal today from President Barack Obama for a lower corporate tax rate and an end to dozens of loopholes that Obama says have helped companies move jobs and profits overseas.

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