Former IRS Commissioner Douglas Shulman and outgoing acting Commissioner Steven Miller are being grilled. The IRS is under fire because some conservative groups' applications for tax-exempt status were given extra scrutiny in recent years. An inspector general has called the actions "inappropriate."
Tim Cook will address reports that his company pays billions less than it should in U.S. taxes each year at a Tuesday hearing in Washington. According to a report by the Senate Permanent Subcommittee on Investigations, Apple avoids the tax payments by shifting profits to subsidiaries in Ireland.
The deadly collapse of a textile factory in Bangladesh has heightened awareness about cheap clothes. Many Americans have become used to inexpensive clothing, but the garments are also discarded at a remarkable rate: Billions of pounds of clothing are recycled each year; nearly half is exported.
In Texas, it may be politically unwise to cross the governor, but some politicians and advocates in the poor Rio Grande Valley are starting to speak out in support of expanding Medicaid. Gov. Rick Perry opposes all parts of Obamacare.
The Senate Permanent Subcommittee on Investigations said the tech giant claimed that three key offshore companies were not tax residents of Ireland or the U.S. One of those subsidiaries paid no taxes for the past five years while it reported income totaling $30 billion.
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