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Billionaire fortunes double in wake of Trump’s tax cuts
The report sheds light on the private equity sector, often criticized as "vulture capitalism," revealing that 45 private-equity billionaires alone have amassed a collective wealth of $210.8 billion.
‘Tax scam’: Republicans follow debt ceiling fight by proposing tax cuts for wealthy
"If House Republicans were actually serious about the deficit, they would demand wealthy corporations pay their fair share in taxes," one advocate said.
New GOP bills would hand richest 1% over $28 billion in tax cuts next...
The poorest fifth, meanwhile, would get just $1.4 billion in tax cuts under the Republican legislation, according to a new analysis.
$10 trillion in added US debt since 2001 shows ‘Bush and Trump tax cuts...
"In their blind loyalty to their mega-donors, Republicans' fixation on giant tax cuts for billionaires has created a revenue problem that is driving up our national debt," said Sen. Sheldon Whitehouse in response to new Treasury Department figures.
Rebuking fiscal hypocrisy: how tax cuts for the wealthy have skyrocketed U.S. debt
Exploring the roots of the U.S. debt crisis: unpacking how tax cuts for the rich have fueled fiscal challenges.
Shock tax bill proposal: Mega corporations to receive massive cuts while families scrape by
The Tax Relief for American Families and Workers Act has been promoted for its child tax credit component. However, it also contains provisions that substantially benefit the wealthy and corporations.
Wealth over fairness: Shocking report unveils tax favoritism for the rich in 41 US...
According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups.
Supreme Court could trigger hundreds of billions in corporate tax cuts ‘with the stroke...
"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."
Economic inequality exposed: The Roosevelt reports unmask the fallacy of corporate tax cuts
"Reforming corporate tax policies is crucial for building a more equitable economy."
House votes for Israel aid linked to controversial IRS and tax cut measures
In a contentious decision, the House approves $14 billion in aid to Israel, offset by cuts to the IRS budget, despite predictions of increased deficit and a veto from President Biden.