Wednesday, September 27, 2023

Tag: tax breaks for the wealthy

When you’re a billionaire, your hobbies can slash your tax bill

Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of the ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time.

Jeff Bezos, Elon Musk, and you. Which one pays taxes?

Leaked IRS data shows just how little billionaires pay in taxes.

New Analysis reveals how little the top .001% pay in taxes

“Looks like the biggest tax story of the year, if not the decade.”

Tax evasion and the 1%

“The richest 1% of U.S. households don’t report 21% of their income.”

“Liberals” need to nip this massive corporate tax break in the...

This tax-break not only lets the giant, multinational corporations get away with doing what Trump did, it hands them a huge, beautiful reward for doing it.

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Elected Democrats are conformist enablers of Biden for 2024

Alarm bells among pro-Biden pundits have finally begun to break the political sound barrier. So why is it quiet on Capitol Hill on the Democratic front?

Missouri set to execute Marcellus Williams despite DNA evidence proving innocence—again

Unless we reform this corrupt system, racist politicians will be rewarded with higher political offices–for–”frying a black man.” 

How ideology can help (or hurt) movements trying to build power

Political educator Harmony Goldberg discusses whether the ideological traditions of the left are helpful for practical organizing.

Research expedition discovers extensive emissions of methane from bottom of Baltic Sea

The research project aimed "to expand knowledge about methane and its sources and sinks in the oxygen-free environments in the deeper parts of the Baltic Sea."

Sunrise Movement launches Green New Deal for Schools campaigns in high schools across US

The campaigns are asking that school districts face the climate crisis, listen to students' needs and deliver on the campaign's promises to address climate change.