Tag: tax the rich
Tax the rich? We did that once
A little history might just inspire us to try that taxing again.
This graph shows where surging corporate profits increasingly go: Tax havens
The global corporate minimum tax would ensure all companies worldwide pay a minimum tax of 15% and would require higher taxes of large companies in countries where they have customers.
‘Tax the Rich,’ say millionaire activists protesting at Davos amid record...
"Any millionaire who has sense enough to see that our current economic model is failing will support these protests."
Tax on global mega-rich could help lift 2.3 billion out of...
"During 2021, we witnessed the epidemic of Covid-19 and wealth-hiding, and it's time to reverse course."
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.
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Republicans can’t see the forest for the trees. Trump blocks their vision of the...
Yes, sometimes you can’t see the forest because of the trees. Republicans are so afraid of Trump that they have him on their minds all the time. Let’s call Trump the Trees.
Trump sends more troops to Los Angeles than to Iraq and Syria, escalating crackdown...
As thousands of troops descend on Los Angeles to suppress demonstrations against ICE raids, critics warn the unprecedented deployment signals a shift toward authoritarian rule and militarized governance.
Khanna unveils $12 trillion progressive plan to cut deficit and invest in working families
As Republicans push tax cuts for the wealthy, Rep. Ro Khanna releases a sweeping economic blueprint that targets Pentagon waste, corporate fraud, and billionaire loopholes to fund national priorities.
Planetary boundary crossed: Ocean acidification now threatens global ecosystems and coastal economies
Scientists warn that ocean acidification passed a critical tipping point years ago, threatening marine biodiversity and putting billions in economic value at risk as world leaders gather for emergency talks in France.
Trump and Republicans want taxpayers to fund their pet project: Private schools
A proposal for a nationwide federally supported school voucher program is just another of President Trump’s schemes to give advantages to the rich at the expense of the rest of us.