Tag: tax reform
House Republicans advance massive budget bill with Medicaid cuts and tax...
GOP lawmakers pushed a sweeping bill forward in a rare Sunday vote after cutting a backroom deal with far-right Republicans to fast-track deeper Medicaid cuts and slash food aid—while offering permanent tax cuts for the wealthy and corporations.
Patriotic Millionaires challenge oligarch power with sweeping economic plan
As economic inequality worsens and public frustration grows, a coalition of wealthy Americans offers a radical legislative blueprint to dismantle the grip of the ultra-rich on democracy.
How billionaires have sidestepped a tax aimed at the rich
Lawmakers created a new type of Medicare tax to capture the kinds of income the rich often enjoy, but a host of billionaires have managed to avoid paying it.
Walz calls out Trump’s economic failures in Fox News interview, emphasizes...
Minnesota Gov. Tim Walz defends the Democratic economic plan on Fox News, drawing sharp contrasts with Donald Trump’s tax policies and calling out corporate price gouging.
Trump’s tax plan: More wealth for the rich, less for working...
New report reveals the potential impacts of corporate tax cuts on income inequality, with wealthy Americans benefiting while the bottom half suffers.
Lawmakers demand tax reform as major corporations pay executives more than...
Senators Warren and Whitehouse, along with Representative Casar, lead a call for fair taxation amid revelations of corporate tax avoidance and CEO overcompensation.
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.
Secretive Project 2025 proposal could tax benefits for 15 million workers,...
A little-known proposal in Project 2025, authored by Trump administration alumni, threatens to impose significant new taxes on workers’ benefits, potentially cutting healthcare and increasing financial burdens for millions of families.
Supreme Court upholds mandatory repatriation tax in Moore case
The mandatory repatriation tax (MRT) was enacted in 2017 as part of the Tax Cuts and Jobs Act and the provision has raised more than $300 billion of revenue for the federal government since then.
IRS targets basis shifting loophole to reclaim $50 billion from super...
IRS crackdown on complex tax maneuvers is set to generate significant federal revenue by enforcing compliance among high-income taxpayers.
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No king but madness reigns
Today I'll survey several factors feeding this unfolding fiasco.
Traders placed massive bets minutes before Trump Iran post raising insider trading concerns
Unusual oil and stock trades worth hundreds of millions of dollars occurred minutes before the president’s social media announcement about Iran peace talks, prompting calls for investigations into possible insider knowledge.
Mo. Senator Eric Schmitt’s asinine SHIELD Act would classify blowing whistles as ‘Obstruction of...
Meanwhile Schmitt ignores blatant obstruction by Bondi’s DOJ.
Multi-million dollar agreement to import giant pandas from China collapses
Reports from advocacy groups like SF Zoo Watch and In Defense of Animals call on Mayor Daniel Lurie to halt new animal acquisitions and transform the 100-acre site from a traditional exhibition-based zoo into a 21st-century ecological park.
ICE at the gates: Rights groups warn Trump airport deployment risks civil liberties crisis
Civil liberties advocates, unions, and lawmakers raise alarm over use of immigration agents in airport security amid shutdown-driven staffing crisis.