Tag Archives: loopholes

26 top American corporations paid no federal income tax from ’08 to ’12 – report

Twenty-six of the most powerful American corporations – such as Boeing, General Electric, and Verizon – paid no federal income tax from 2008 to 2012, according to a new report detailing how Fortune 500 companies exploit tax breaks and loopholes.

Read more » http://rt.com/usa/low-corporate-tax-rates-275/

Who wants to divide Sindh?

By: Zulfiqar Shah

Sindh is on the verge of widespread political violence due to newly announced local government ordinance. The situation can possibly be disastrous for the future political course of Pakistan and might even have disastrous impact on South Asia and the rest of the world.

SINDH IS undergoing an unending and nerve taking process of political standoffs since the creation of Pakistan, and therefore, has been continuously struggling since last six decades over the rights, sovereignty, security, and interests of the province and its indigenous underdeveloped majority population.

The recent issue of Sindhi-Hindu exodus is still waiting to be concluded positively, yet rise of another issue of People’s Local Government Ordinance (PLGO) promulgated by the Pakistan People’s Party (PPP) and Mutahida Qaumi Movement (MQM) may possibly open a new chapter of popular movement and possibly a slight degree of violence in Sindh. The dilemma of the issue is the violation of citizen’s right to information by the government through avoiding to public the text of the ordinance; however some features of the ordinance have been made public by the provincial information minister.

Continue reading Who wants to divide Sindh?