Wednesday, May 14, 2025

Tag: taxes

Trump-Musk plan to gut the IRS could cost US public $30...

Analysis shows dismantling IRS enforcement would benefit wealthy tax evaders, burden working families, and deepen inequality.

How DOGE’s cuts to the IRS threaten to cost more than...

“When you hamstring the IRS, it’s just a tax cut for tax cheats.”

Elon Musk’s billionaire welfare: How the world’s richest man built his...

An extensive Washington Post investigation has revealed a very different reality—one where Musk’s business empire has been deeply dependent on taxpayer money.

GOP pushes drastic cuts to Medicaid & Food Aid while proposing...

The Center on Budget and Policy Priorities found the bill includes tax cuts for the wealthy and businesses, paired with cuts on the programs that support low-income Americans.

GOP’s $4.5 trillion tax giveaway: Slashing Medicaid and food stamps to...

House Republicans propose massive tax cuts for billionaires while gutting Medicaid, food assistance, and student loan programs, sparking outrage from lawmakers and advocacy groups.

Heard about buy-borrow-die? Meet buy-hold for decades-sell

We don’t need to just close the buy-borrow-die loophole. We desperately need to shut the buy-hold for decades-sell loophole just as firmly.

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.

Taxing Big Oil could boost UN loss and damage fund by...

Targeting the world’s seven largest publicly traded oil and gas companies—ExxonMobil, Shell, Chevron, TotalEnergies, BP, Equinor, and ENI—the tax would hold major polluters accountable for their contributions to the climate crisis.

Segregation academies across the South are getting millions in taxpayer dollars

Segregation academies that remain vastly white continue to play an integral role in perpetuating school segregation—and, as a result, racial separation in the surrounding communities.

“Billionaires and big corporations sharpening their knives”: Progressive tax groups sound...

With a Congress poised to push for sweeping tax cuts for the wealthy and corporations, progressive organizations brace for a fierce battle to prevent policies that would deepen inequality and burden working Americans.

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Trump-GOP tax bill delivers $5 trillion to billionaires while slashing aid for working families

The legislation extends Trump-era tax breaks for the ultra-wealthy, adds new corporate giveaways, and revives controversial provisions targeting civil society, while gutting Medicaid and SNAP.

Poof! It’s gone

The America we once knew...gone!

The MAGA Movement is Jonestown writ large

The reversion to primitivism bears a striking resemblance to the rise of the MAGA movement.

What are Erik Prince’s plans for the second Trump administration?

New plans from Erik Prince, a persistent figure in America’s private military complex, signal a wider push to privatize government functions in Trump’s second term.

NOAA will stop tracking costs of climate crisis-fueled disasters in wake of Trump cuts

The agency said updates will no longer be made to its Billion-Dollar Weather and Climate Disasters database by the National Centers for Environmental Information (NCEI), and that this information—which stretches back 45 years—would be archived.