Tuesday, August 11, 2026

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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The dark side of ecotourism: When green travel exploits people and the planet

As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.

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The west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.