Friday, February 14, 2025

Tag: tax breaks

Billionaire wealth surges by $276 billion post-Trump election as GOP pushes...

U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.

Senate investigation shows how GOP law enabled Big Pharma’s ‘extreme’ tax...

"Big Pharma gets us coming and going—they charge Americans sky-high prices and they pay absolute rock-bottom taxes, not anywhere near a fair share."

How the wealthy save billions in taxes by skirting a century-old...

Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

You paid taxes. These corporations didn’t.

About twice as many of the largest U.S. companies reported they didn’t owe taxes in 2018 compared with previous years, a partial result of the 2017 Trump tax law, according to a report.

Why cities should stop playing Amazon’s game and quit offering companies...

My conclusion: Incentives just don’t work.

As Jeff Bezos earns $191K per minute, why are NY &...

Many local politicians have openly criticized authorities in New York and Virginia for backing the deals, which will create a total of 50,000 jobs.

Why reward bad corporate behavior with more tax breaks?

"Why are you even considering giving more tax breaks to corporate giants?"

Stunning truths about the bloated safety net for the wealthy

It's not a game for the 200 million struggling Americans who depend on tax revenue for education and housing and health care. 

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

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

The ‘lower the tax rate to boost businesses’ competitiveness scam

When we cut taxes on corporations we are actually cutting taxes on a few people. And not just people, but very, very rich people.

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GOP’s $4.5 trillion tax giveaway: Slashing Medicaid and food stamps to fund the wealthy

House Republicans propose massive tax cuts for billionaires while gutting Medicaid, food assistance, and student loan programs, sparking outrage from lawmakers and advocacy groups.

Musk’s double standard: SpaceX wins government contract while public services face deep cuts

A $38.85 million contract awarded to Elon Musk’s SpaceX sparks outrage as his government office slashes funding for health care, education, and social programs.

Tesla paid zero federal income tax in 2024 while GOP pushes more corporate tax...

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.

The opposition needs to make Elon Musk’s coup its sole, singular focus

This should be the sole, singular focus of the anti-Trump opposition for the foreseeable future.

Trump to Gaza: We will replace you

Finally, there’s a people who want to stay, and now Trump wants them to go.