Friday, December 3, 2021

Tag: tax the rich

Senate Democrats propose minimum corporate tax

“While these companies report billions in profits, they often pay no income tax to the IRS and leave hardworking families holding the bag.”

5 charts on taxing wealth to pay for the build back...

Proposals in play to pay for the ambitious public investment plan could help reverse skyrocketing wealth inequality.

NYT runs interference for billionaires who don’t want their wealth taxed

Fortunately for them, they’ve got the New York Times running interference.

The secret to actually taxing the rich

Imagine what programs we could fund, how many people we could help, if the IRS was able to recoup that $163 billion that the top 1 percent shorts the government every year. Fully funding the IRS should be a no-brainer.

‘Tax the rich’? Democrats’ plans to make the wealthy pay a...

It's far below the level of progressivity the United States embraced in the middle of the 20th century—when wealthier individuals paid a much higher share of their income in taxes than the poor.

Sports teams: The everlasting tax shelter for billionaires

A perverse loophole allows owners of profitable teams — and their heirs — to lower their tax bills by claiming huge paper losses.

The billionaire playbook: How sports owners use their teams to avoid...

Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.

New Analysis reveals how little the top .001% pay in taxes

“Looks like the biggest tax story of the year, if not the decade.”

What if we actually taxed the rich?

It’s not radical to rein in this irresponsibility. It’s radical to let it continue.

Tax the rich and divert billions from NYPD budget to fund...

“The working class and the middle class and the poor are getting shafted.”

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Countdown to World War III?

It may arrive sooner than you think...

Tucson cop fired after fatally shooting disabled man on video

“It is moments like this that test our resolve to ensure justice and accountability. We owe this to all Tucsonans.”

As executives hike prices, US corporations rake in biggest profits since 1950

"Corporations can get away with it because they have too much power in the economy."

Ending Latin America’s sewage decade

The victory of Xiomara Castro in Honduras is a sign that region is ready to exit its lost decade.

As SCOTUS considers ‘extinguishing’ right to abortion, calls mount for Congress to ‘step up’

“Despite the protections that the legal framework like Roe provides, it has never been enough,” said one doctor. “We continue to work toward reproductive justice.”