Tag: rich
Undocumented immigrants pay higher tax rates than top 1% in most...
New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.
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.