Friday, April 19, 2024

Tag: tax code

Now’s the time to unrig the tax code

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

Why the government makes filing your taxes intentionally difficult

"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 billion-dollar loophole

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.

For the Wealthy, a Taxing New Worry

“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.”

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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.

Supreme silence: High court decision curtails protest rights, stifling voices in the South

As the case now returns to lower courts for further proceedings, the national discourse on the limits of free speech and the right to protest continues to evolve.

Supreme Court questions use of obstruction law in Jan. 6 riot cases amid concerns...

This law is now at the center of a legal battle concerning its suitability for punishing those who stormed the Capitol during the certification of the 2020 election results.

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.