Wednesday, December 7, 2022

Tag: taxes

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.

Hypocrisy abounds as PPP loans to 1% forgiven, while Biden seeks...

Word has leaked out that the Biden administration is about to enter negotiations with Big Pharma, for the express intent of shifting the cost of COVID vaccines and lifesaving antiviral medications, to the patient. 

Ten ways billionaires avoid taxes on an epic scale

After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.

‘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."

Still another reason for taxing the rich

America’s wealthiest, new ProPublica data suggest, may be even richer than we thought.

Rep. Jamaal Brown introduces legislation that will propose income tax reform...

The introduced tax code for the nearly 700 billionaires would raise $1 trillion over ten years, according to a press release.

About that $900 you gave Pentagon contractors

This tax season, I’d rather fund green jobs and disease control than jets that spontaneously combust. Wouldn’t you?

America’s top 15 earners and what they reveal about the US...

A new report reveals that the very richest pay lower rates than the merely rich.

‘Too distraught’

My confessions of a failed tax resister.

Taking aim at billionaire tax avoiders, Biden proposes minimum tax for...

After ProPublica's Secret IRS Files showed how the richest avoid taxes — often by minimizing income and relying on their wealth — the Biden administration unveiled a plan that could raise hundreds of billions in tax revenues. Its fate is uncertain.

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Ultimate rightwing transgression: the mockery of politics as a preposterous joke 

The Big Lie is "yoked to an older deception, without which it could not survive: the idea that American politics is a joke," attackable without consequences.

Tax the rich? We did that once

A little history might just inspire us to try that taxing again.

Right-wing SCOTUS majority signals support for anti-LGBTQ+ reactionaries

"It does not bode well for the future of civil rights law that Gorsuch believes a state imposes 'reeducation training' on employers when it reminds them how to comply with nondiscrimination rules," said one court observer.

Does Elon Musk have a right to destroy Twitter?

Do we really think that the super-wealthy should be allowed to control so much wealth and wield so much influence?

Puerto Rican cities sue fossil fuel companies in major class-action, climate fraud case

Municipalities aim to hold industry liable for damages from catastrophic 2017 hurricanes.