Friday, July 26, 2024

Tag: rich

IRS targets basis shifting loophole to reclaim $50 billion from super...

IRS crackdown on complex tax maneuvers is set to generate significant federal revenue by enforcing compliance among high-income taxpayers.

The truth about Trumponomics

The MAGA agenda would make nearly every aspect of your life more expensive, while making the richest Americans even richer.

Should billionaires exist?

If capitalism were working properly, billionaires would have gone the way of the dodo.

New report reveals millionaires’ tax rates slashed by half since 1950s,...

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

The 2024 election is about the rich stealing from the public

A fight over extending provisions of Trump’s tax cuts is at stake in November’s election. Ultimately, the race is about money.

Do high taxes on our rich make any sense?

We need to do more than tax high incomes. We need to limit them.

Unmasking the shadows: The fight to end billionaire tax breaks for...

A groundbreaking legislative effort aims to seal a critical loophole in the tax code, curbing the unchecked flow of billionaire-funded dark money into American politics.

Sanders’ bill targets sky-high CEO pay: A push for economic equity

The legislation, titled the Tax Excessive CEO Pay Act, targets corporations with stark discrepancies in compensation between CEOs and their workers.

Billionaires’ wealth skyrockets by 114% amid global poverty surge

This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.

Wealth over fairness: Shocking report unveils tax favoritism for the rich...

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.

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Uncertainty looms over Trump’s assassination attempt: FBI questions details

FBI Director Christopher Wray’s testimony reveals doubts about whether Donald Trump was hit by a bullet or shrapnel during an assassination attempt, raising questions about the investigation’s progress and transparency.

Vance’s popularity crisis: Can the RNC afford to keep him on the ticket?

Polling reveals deep unpopularity for GOP vice presidential nominee J.D. Vance, raising questions about the Republican Party’s strategy and the potential consequences for the 2024 election.

American healthcare workers demand Biden and Harris end support for Israeli assault on Gaza

As President Joe Biden and Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu, American healthcare workers who volunteered in Gaza urge U.S. leaders to end Israel’s assault, citing the atrocities witnessed firsthand.

Public opposition to Project 2025 surges as Trump distances himself

Awareness and disapproval of Project 2025 increase significantly despite Trump’s attempts to disassociate from the controversial conservative policy agenda.

730 million people faced hunger last year: A global crisis demanding urgent action

The latest UN report reveals alarming levels of hunger and malnutrition, highlighting the need for urgent political and financial commitments to address food insecurity worldwide.