Thursday, April 18, 2024

Tag: Senate Finance Committee

Democratic senators call for investigation of tax avoidance by the ultrawealthy

Sens. Elizabeth Warren and Sheldon Whitehouse demanded an investigation into how the rich use “legal tax loopholes to avoid paying their fair share of income taxes.”

The ultra wealthy have hijacked Roth IRAs. The Senate Finance chair...

Sen. Ron Wyden, chair of the Senate Finance Committee, said he planned to rein in tax breaks for gargantuan Roth retirement accounts after ProPublica exposed how the super rich used them to shield their fortunes from taxes.

Senate Finance Committee deals a blow to Big Pharma

As the Trump administration explores executive action to lower drug prices, drugmakers, private insurers, hospitals and pharmacy benefit managers are engaged in a lobbying war.

Should former Big Pharma CEO be in charge of regulating Big...

The Senate Finance Committee responsible for the decision has a long history with Big Pharma.

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New report reveals millionaires’ tax rates slashed by half since 1950s, fueling wealth inequality

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.

Missouri Republican Attorney General Bailey sues Media Matters using consumer law to censor the...

An analysis of Mo. Attorney General Andrew Bailey's bogus allegations against Media Matters.

Democrats challenge Biden administration: Are US weapons used by Israel in accordance with international...

This inquiry, led by Texas Representatives Veronica Escobar and Joaquin Castro, targets the very heart of America's foreign arms policies and its ethical implications.

US diplomacy thwarts Palestinian UN membership amid claims of supporting statehood leaked cable shows

This diplomatic maneuvering seeks to avoid a U.S. veto, which would publicly align the country against Palestinian self-determination.

New study reveals microplastics’ alarming journey from everyday items to human organs

The extensive reach of these particles beyond the gut and into critical body tissues, raises significant concerns particularly for the most vulnerable: Our children.