about this blog
- Elizabeth MacDonald is the stocks editor for Fox Business Network. She is recognized as one of the top prize-winning business journalists in the country, and has received 14 awards, including the top prize in business journalism, the Gerald Loeb Award for Distinguished Business Journalism, and the Newswomen's Club of New York Front Page Award for Excellence in Investigative Journalism.
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June 1, 2009 08:36 AM EDT
Bailed Out Companies Also Tax Cheats?
The White House is moving rapidly to crack down on overseas tax havens, used by US companies to evade US taxes, in order to help pay for the government's massive deficit spending for the bailouts of the financials, the economic stimulus package, and a $3.6 tn budget. President Barack Obama said that his crackdown on tax havens would generate $210 bn in new tax revenues over 10 years and "make ... read more
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