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2012 February 28 | Activist News
Disobey

The Road to World War 3

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Edward Snowden

Open Letter To Obama

July 26, 2013 President Barack Obama The White House 1600 Pennsylvania Avenue, N.W. Washington, D.C. 20500 Re: Civil Disobedience, Edward J. Snowden, and the Constitution Dear Mr. President: You are acutely aware More »

greed3

U.S. Companies Pay Just One-Third Of The Legal Tax Rate: GAO Study

Huffington Post July 1, 2013 By Mark Gongloff Big, profitable U.S. companies paid an average federal tax rate of less than 13 percent in 2010, according to a new study — or More »

jeff olsen

Man Tried for Chalk Drawings Found Not Guilty

NBC San Diego July 1, 2013 By Christina London The man accused of vandalism for drawing with chalk outside banks has been found not guilty on all charges. A jury returned its More »

freedom-of-the-press

The Bigger Story Behind the AP Spying Scandal

Washington’s Blog/Global Research May 20, 2012 By George Washington Attack on the Press You know that the Department of Justice tapped scores of phone lines at the Associated Press. You might have More »

Daily Archives: February 28, 2012

Over Last 10 Years, General Electric’s Effective Tax Rate Was 2.3 Percent

Think Progress
Feb. 27, 2012
By Travis Waldron

The Obama administration unveiled its corporate tax reform plan last week, which would lower the top rate from 35 percent to 28 percent, billing it as an effort to help make the American corporate tax code more competitive. Republicans have long crowed for corporate tax reform, saying America’s high marginal rate stifles competition, but they have blocked efforts (including Obama’s) to close many of the loopholes and schemes corporations use to avoid paying taxes.

General Electric, one of the nation’s largest corporations, found itself at the center of the corporate tax debate last year when the New York Times discovered that it paid nothing in taxes, despite billions of dollars in profits. GE responded to the outcry by promising that its 2011 rate was “slated to return to more normal levels” because of the recovery of GE Capital, its financial arm. But according to an analysis from Citizens for Tax Justice, the company’s 2011 effective tax rate was just 11.3 percent.
Even worse, over a 10-year period from 2002-2011, the company paid $1.9 billion in taxes on $81.2 billion in profits, giving it an effective tax rate of just 2.3 percent for the decade:

Full Article Here – http://thinkprogress.org/economy/2012/02/27/433250/general-electric-tax-rate-decade/?mobile=nc 

White House, NSA weigh cybersecurity, personal privacy

Washington Post
Feb. 27, 2012
By

The National Security Agency has pushed repeatedly over the past year to expand its role in protecting private-sector computer networks from cyberattacks but has been rebuffed by the White House, largely because of privacy concerns, according to administration officials and internal documents.

The most contentious issue was a legislative proposal last year that would have required hundreds of companies that provide critical services such as electricity generation to allow their Internet traffic be continuously scanned using computer threat data provided by the spy agency. The companies would have been expected to turn over evidence of potential cyberattacks to the government.

NSA officials portrayed these measures as unobtrusive ways to protect the nation’s vital infrastructure from what they say are increasingly dire threats of devastating cyberattacks.


But the White House and Justice Department argued that the proposal would permit unprecedented government monitoring of routine civilian Internet activity, according to documents and officials familiar with the debate. They spoke on the condition of anonymity to describe administration deliberations; internal documents reviewed by The Washington Post backed these descriptions.
 
White House officials cautioned the NSA that President Obama has opposed cybersecurity measures that weakened personal privacy protections. They also warned the head of the spy agency, Gen. Keith Alexander, to restrain his public comments after speeches in which he argued that more expansive legal authority was necessary to defend the nation against cyberattacks, according to several officials.

“We have had to remind him to at least be cognizant of what the administration’s policy positions are, so if he’s openly advocating for something beyond that, that is undermining the commander-in-chief,” said an administration official.

The debate, which is surfacing as Congress considers landmark cyber legislation, turns on what means are necessary and appropriate to protect vital private-sector systems from attack by China, Russia or other potential adversaries. Even some criminal gangs and hackers, such as the self-styled activist group Anonymous, increasingly may acquire the tools to mount major assaults on the nation’s computer systems, say U.S. officials.

Full Article Here – http://www.washingtonpost.com/world/national-security/white-house-nsa-weigh-cyber-security-personal-privacy/2012/02/07/gIQA8HmKeR_story.html?tid=pm_national_pop