Tag: tax reform

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.

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.

New report reveals the potential impacts of corporate tax cuts on income inequality, with wealthy Americans benefiting while the bottom half suffers.

Senators Warren and Whitehouse, along with Representative Casar, lead a call for fair taxation amid revelations of corporate tax avoidance and CEO overcompensation.

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.

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.

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 crackdown on complex tax maneuvers is set to generate significant federal revenue by enforcing compliance among high-income taxpayers.

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

The Corporate Tax Dodging Prevention Act is a bold initiative designed to close the gap in the corporate tax code that allows for extensive tax avoidance.