Tag: tax code

Leaked IRS data proves the rumors are true: Many billionaires pay no income taxes. Will that spur reform?

"Congress should be making it easier for Americans to file their taxes each year, not bowing to the interests of the tax prep industry."

The most generous charitable deduction in the federal tax code is being manipulated to make big profits – and there’s no sign that Congress has any intention of fixing the problem.

“The current tax code has become an echo chamber for the economic forces driving the increase in income and wealth inequality, the blurring of economic and political influence, and the degradation of paid work.”