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Edward Gresham Ball (March 21, 1888 – June 24, 1981) was a businessman who wielded powerful political influence in Florida for decades. Referred to as "a law unto himself", [1]: 21 despite the fact that he never held public office and did not own much of the assets he controlled, he led a forest products company, a railroad and owned newspapers.
Chomsky contends that corporations transfer policy decisions out of the hands of the people and into corporate boardrooms, where public oversight is limited. The extensive financial resources of corporations and the extent to which they're employed to influence political campaigns in the United States has also been implicated as a way in which ...
U.S. corporate effective tax rates have fallen significantly since the year 2000. Some large U.S. corporations have used a strategy called tax inversion to change their headquarters to a non-U.S. country to reduce their tax liability. About 46 companies have reincorporated in low-tax countries since 1982, including 15 since 2012.
The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.
These states offer residents a chance to only pay federal taxes on the money they earn. Although there’s no Florida income tax for individuals, the state does charge a 5.5% corporate income tax ...
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
“But in fact, we’re the largest taxpayer in Central Florida — paying over $1.1 billion in state and local taxes last year alone and we pay more taxes, specifically more real estate taxes, as ...
Small business owners face severe penalties if they don't report to the federal government by year's end. Thousands of businesses may not realize they are subject to a new reporting process ...