Friday, April 26, 2024

Tag: taxes

Taking aim at billionaire tax avoiders, Biden proposes minimum tax for...

After ProPublica's Secret IRS Files showed how the richest avoid taxes — often by minimizing income and relying on their wealth — the Biden administration unveiled a plan that could raise hundreds of billions in tax revenues. Its fate is uncertain.

Sanders introduces legislation to impose a 95 percent windfall tax on...

"The time has come for Congress to work for working families and demand that large, profitable corporations make a little bit less money and pay their fair share of taxes.”

America’s inherited wealth dynasties park trillions out of reach of taxation

It is equally important to understand how multi-generational wealth dynasties are deploying dynasty trusts and other elaborate tax dodges to sequester trillions and dodge inheritance taxes.

In a single year, $1.78 trillion was stolen from the working...

And much of the money workers should be getting is instead being pumped up to the top 0.3% of income earners.

As CTC ends, study says monthly payments boost baby brain activity

"Policy impacts biology. It's past time we made the Child Tax Credit increases permanent."

Two sides, same coin: Suppressing votes, cutting rich people’s taxes

America’s national media typically pay little attention to the moves the nation’s state lawmakers make. Not this year. State legislative battles have...

Report: Taxing the world’s richest would raise US $2.52 trillion a...

A new analysis, “Taxing Extreme Wealth,” by the Fight Inequality Alliance, Institute for Policy Studies, Oxfam, and Patriotic Millionaires found a shocking...

What’s that ‘surtax’ doing in Build Back Better?

The new Build Back Better surtax might just turn out to be a giant first tax step toward the more equal America that we all so desperately need.

Should rich people get a free pass at tax time?

We’re finally debating that question.

The United States of tax havens

The United States, where countless corrupt billionaires and dictators have stashed their loot, is not a single tax haven, but many separate tax havens.

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Supreme urgency tests Trump’s claim to immunity amid election countdown

Legal experts and democracy advocates push for a swift Supreme Court decision on Trump’s immunity claims, highlighting potential consequences for presidential accountability.

Trump allies draft plans to seize control over Federal Reserve amid election campaign

Emerging reports reveal a secretive push by Trump supporters to curtail the Federal Reserve's autonomy, threatening the independence of U.S. monetary policy.

Shock and awe at UT Austin as state troopers in riot gear quash student...

An aggressive show of force by Texas state troopers raises questions about the right to peaceful assembly, as students at the University of Texas at Austin face riot gear and arrests during a Gaza solidarity protest.

Should harming mother Earth be a crime? The case for ecocide

The destruction of nature might one day become a criminal offense adjudicated by the International Criminal Court.

Trump faces contempt charges over gag order violations

In a contentious courtroom showdown, former President Donald Trump may face criminal contempt charges as he's accused of flouting a judicial gag order, casting a spotlight on his ongoing legal battles.