Saturday, May 24, 2025

Tag: IRS

The IRS tried to take on the ultrawealthy. It didn’t go...

by Jesse Eisinger and Paul Kiel On June 30, 2016, an auto-parts magnate received the kind of news anyone would dread: The...

As gov’t shutdown drags on, IRS continues to aid the rich...

As 800,000 federal workers remain furloughed or working without pay in the longest government shutdown in U.S. history, we look at how the Trump administration has restarted a division of the Internal Revenue Service to help corporate lenders.

Justice Department charges 4 men in Panama Papers scandal

“Today we announce the indictment of four individuals who allegedly defrauded the U.S. government through a large scale, intercontinental money laundering and wire fraud scheme, associated with Mossack Fonseca and its affiliates."

Pro-Trump ‘dark money’ group’s first tax return reveals millions in previously...

As a 501(c)(4) “social welfare” nonprofit, is not allowed to have politics as its primary purpose despite spending millions on politicking.

After budget cuts, the IRS’ work against tax cheats is facing...

Audits and criminal referrals are down sharply since Congress cut the tax agency’s budget and management changed priorities.

House Republican ‘2.0’ tax plan includes ill-conceived ‘universal savings account’ proposal

The USA is fundamentally flawed: it would do little to boost private savings, drain federal revenues, and overwhelmingly benefit the nation’s wealthiest households.

IRS changes rules to critical disclosure requirements

"We need more transparency in our campaigns, not less."

The latest sneaky attempt to increase corporate political power

Three riders deep inside the House appropriations bill would bar federal agencies from enforcing campaign finance laws.

4 reasons why Trump’s plan to strip the IRS is incredibly...

Donald Trump hates the IRS and has spent years battling it.

Why 2016 May See a Record Top 1%

America’s top earners will be rushing to maximize their 2016 income if Democrats gain a sweep in November. But what happens next will be what really matters.

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The country Trump seems dead set on imitating

The Trump administration has begun offering wealthy foreigners the chance to emigrate to the U.S. if they fork over $5 million for a so-called gold card—an alternative to the “green card.”

Hundreds dead from hunger in Gaza as Netanyahu vows to empty the strip

As children die from hunger and medicine shortages, global outrage mounts over what critics call a campaign of extermination in Gaza, enabled by U.S. policy and a vision of forced displacement.

Elon Musk has the blood of 19 Kentuckians on his hands

DOGE cuts are killing Americans.

Trump’s ‘big beautiful bill’ slashes healthcare and food aid while delivering massive tax cuts...

New CBO analysis confirms steep losses for poorest Americans under GOP-backed plan as Medicaid, SNAP, and public programs are gutted to fund tax cuts for the top 1 percent.

States can take meaningful climate action, even without federal support: Study

The team also found that there was potential for state efforts to impact pollution in neighboring states.