Apple's Controversial Tax Break, Super-Rich Ditch Taxes, Veterans Kicked Out Of Walmart And More

Tuesday, May 29, 2012 Texas County Considers Making Controversial Apple Tax Break The Norm After giving Apple a controversial multimillion dollar tax break, one Texas county is considering instituting a policy that would give tax breaks to more businesses. Travis County, the home of Austin, Texas, is weighing a new policy that would give businesses a tax rebate of up to 80 percent if they meet certain requirements, the Austin American-Statesman reports. Under the new proposal, any business could get the tax rebate if it invests at least $25 million in expansion, hires at least 50 local workers, and hires or trains the "economically disadvantaged." IRS Study: Huge Share Of Super-Rich Households Didn't Pay Income Taxes Homeowners Suing State For Diverting Funds Meant To Help Homeowners U.S. Factories Rebounding On The Backs Of Low-Wage Workers Walmart Workers Call Cops On Veterans On Memorial Day One Company Is Still Going After Homeowners Even After Foreclosure BLOG POSTS Richard (RJ) Eskow: Mr. Dimon's Bank, Sen. Lee's Short Sale: Unanswered Questions About a Suspect Deal Why is it that most Americans can't get a principal reduction from Chase or any other bank, but JPMorgan Chase was so very flexible with a sitting member of the United States Senate? People should be demanding those answers now. Don Tapscott: Living Out Loud -- Should We All Be More "Open?": Corporate Secrecy and Personal Privacy are Opposites (Part 7 of 7) Here is my bottom line: By all means, be as open as you want online; but realize that with openness can come vulnerabilities, especially for your children. Steve Lombardo: Election Monitor: Romney Decides the Best Defense Is a Good Offense One thing is certain thus far in the election cycle: we have two well-armed and savvy political teams that are unlikely to let any shot from the opposition go without response. Michael R. Powers: Insurance in the Middle Kingdom (Without the Middleman) Insurance products, familiar for generations to those living in North America and Europe, are only now gaining a small foothold in China. It is possible that conventional insurance is simply failing to compete against a very ancient, financing mechanism: risk pooling. Laura Merriman: USDA: Don't Let Chicken Packing Plants Operate Their Conveyor Belts Twice As Fast The safety of our nation's workers is as important as the quality of meat we produce. We cannot sanction lost fingers, broken arms and severe musculoskeletal injuries for $90 million.

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