Department of Energy

: TaxVox

In Search Of… Tax Savings, Near or Far

Inversion is the gift that keeps on giving for Actavis. Last year the pharmaceutical company reincorporated from its Parsipanny, New Jersey, home to Ireland, after a $5 billion deal with Warner Chilcotte. This year, before Treasury’s inversion curbs took effect, it purchased New York-based Forest

November 18, 2014Renu Zaretsky

Federal Budget and Economy: TaxVox

Spin Alert: DOE Loans Are Losing Money, Not Making Profits

The Department of Energy snookered the media last week with a report that seems to show that its clean energy lending programs are profitable. “ Remember Solyndra? Those loans are making money ,” went a typical headline. Unfortunately, that’s not true. Taxpayers are losing money on DOE lending.

November 17, 2014Donald Marron