Thursday, December 5, 2024

Tag: tax cuts

Wyden calls out trillions dodged by ultra-rich, proposes tax reform to...

Democratic senators propose fair tax contributions from the ultra-wealthy as a solution to protect Social Security for future generations, challenging Republican cuts and calling for real revenue reform.

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."

POPULAR

The Oligarchic Dozen: Top 12 US billionaires amass $2 trillion in wealth

The wealth of America’s richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

Watchdogs say Elon Musk has ‘declared war on Social Security’

Critics warn Musk’s endorsement of anti-Social Security rhetoric and his advisory role could pave the way for privatization, threatening millions of Americans’ financial security.

Billionaire pick for key Pentagon job tied to Khashoggi’s murderers and defense industry conflicts

Critics warn Stephen Feinberg’s nomination for a top Pentagon role underscores troubling ties to Khashoggi’s murder and the defense industry.

Biden faces pressure to act as Trump’s mass deportation plan sparks fear

With Trump’s return to office looming, undocumented immigrants and mixed-status families brace for unprecedented deportation efforts. Activists call on Biden to take immediate action to protect vulnerable populations.

Can recycling save the clean energy revolution?

It's necessary, but not sufficient.