Pfizer Update: The Tax Coalition That Could
David Elliot,
April 6, 2016
The good news just keeps coming. Yesterday we told you about new U.S. Treasury Department guidelines that would reduce the benefits and limit the number of companies that use the tax inversion loophole. These guidelines get at the tax-dodging strategies employed by Pfizer, which has been trying to dodge a...
Fact of the Week: Lower-Income Renters Spend Nearly Half of Income on Rent
Leo Nguyen,
April 6, 2016
Housing costs traditionally eat up a large portion of most Americans’ budgets. But for lower-income renters, rising housing costs mean even less money is left over to cover everything else. According to new research from the Pew Charitable Trusts, renters in the bottom third of the income spectrum spent close...
Sorry, Pfizer (not sorry!)
David Elliot,
April 5, 2016
Back in February, we told you about a tax-dodging scheme that is all too common in this day and age: Pfizer, a U.S. pharmaceutical company and one of the world’s largest, wanted to avoid $35 billion in U.S. taxes on about $148 billion in profits the company maintains offshore. It...
A Response to the Heroin Epidemic
wpengine,
April 4, 2016
Editor’s Note: the following Letter to the Editor was authored by Don Mathis, a member of CHN’s board of directors and also a board member of Doctors for America. It was printed by the New York Times on March 31, 2016, in response to the Times’ front-page story on March 26,...
Tipped workers need a pay raise
David Elliot,
April 1, 2016
How long has it been since you’ve had a raise? For some workers, it has been entirely too long. Today – Friday, April 1, 2016 – marks the 25th anniversary since the minimum wage for tipped workers has been increased. For 25 years now, the minimum wage for an estimated...
