It Ain't Fair

Corporate America is shutting average Americans' voices out, while they help themselves to taxpayer dollars. The economic playing field is tilted against the middle class — and we have the power to change that.

Phil Cheney, It Ain't Fair

Internal Revenue Service lobbying political philosophy politics

Transfer Pricing Is Bad and We Should Stop It

Within large corporations there are accounting mechanisms that allow for a variety of creative practices designed to lower tax rates. One of these is called transfer pricing. According to Forbes, “Transfer pricing is the way firms use internal bookkeeping to allocate expenses among various affiliates. For a company like Apple, nearly all the value of its products is in its patents and other intellectual property. By charging a relative pittance to a foreign…