Friday, July 26, 2024

Tag: tax cuts

Expert reveals trillions spent on stock buybacks post-Trump tax cuts

It resulted in significant corporate stock buybacks rather than investments in workers or innovation.

Billionaire fortunes double in wake of Trump’s tax cuts

The report sheds light on the private equity sector, often criticized as "vulture capitalism," revealing that 45 private-equity billionaires alone have amassed a collective wealth of $210.8 billion.

For America’s wealthy, a sweet start to our 21st century

Greasing the way: three different — and massive — rounds of rich people-friendly tax cuts.

Wealth over fairness: Shocking report unveils tax favoritism for the rich...

According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups.

Rebuking fiscal hypocrisy: how tax cuts for the wealthy have skyrocketed...

Exploring the roots of the U.S. debt crisis: unpacking how tax cuts for the rich have fueled fiscal challenges.

Supreme Court could trigger hundreds of billions in corporate tax cuts...

"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."

New GOP bills would hand richest 1% over $28 billion in...

The poorest fifth, meanwhile, would get just $1.4 billion in tax cuts under the Republican legislation, according to a new analysis.

‘Tax scam’: Republicans follow debt ceiling fight by proposing tax cuts...

"If House Republicans were actually serious about the deficit, they would demand wealthy corporations pay their fair share in taxes," one advocate said.

After $1.9 trillion giveaway to rich, McConnell calls debt relief for...

"It's not a slap in the face. It's a step in the right direction. We shouldn't be going [into] debt for getting an education."

Secret IRS files reveal how much the ultrawealthy gained by shaping...

Billionaire business owners deployed lobbyists to make sure Trump’s 2017 tax bill was tailored to their benefit. Confidential IRS records show the windfall that followed.

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Uncertainty looms over Trump’s assassination attempt: FBI questions details

FBI Director Christopher Wray’s testimony reveals doubts about whether Donald Trump was hit by a bullet or shrapnel during an assassination attempt, raising questions about the investigation’s progress and transparency.

Vance’s popularity crisis: Can the RNC afford to keep him on the ticket?

Polling reveals deep unpopularity for GOP vice presidential nominee J.D. Vance, raising questions about the Republican Party’s strategy and the potential consequences for the 2024 election.

American healthcare workers demand Biden and Harris end support for Israeli assault on Gaza

As President Joe Biden and Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu, American healthcare workers who volunteered in Gaza urge U.S. leaders to end Israel’s assault, citing the atrocities witnessed firsthand.

Public opposition to Project 2025 surges as Trump distances himself

Awareness and disapproval of Project 2025 increase significantly despite Trump’s attempts to disassociate from the controversial conservative policy agenda.

730 million people faced hunger last year: A global crisis demanding urgent action

The latest UN report reveals alarming levels of hunger and malnutrition, highlighting the need for urgent political and financial commitments to address food insecurity worldwide.