Tag: taxes
Ending oil subsidies and taxing the rich could unlock $5 trillion...
The report, released during the United Nations General Assembly talks and ahead of the COP29 climate summit, outlines a series of proposals that could shift resources away from environmentally harmful practices and toward sustainable development.
Harris breaks with Biden on capital gains tax based on ‘failed...
Speaking to supporters, Harris emphasized the importance of supporting investment in small businesses and innovation while ensuring that the wealthy pay their fair share.
Project 2025: How the far-right’s tax plan would hike middle-class taxes...
Project 2025, a far-right agenda, proposes radical tax reforms that would disproportionately burden middle-income Americans while granting significant tax breaks to the wealthiest households and large corporations.
The United States needs a ‘Robin Hood Tax’
A giant tax fight awaits next year—when a number of the 2017 tax cuts for the rich and businesses expire.
Kamala Harris signals support for billionaires tax amid growing wealth inequality
This endorsement marks a crucial step in addressing the widening wealth gap in the country, particularly as billionaires continue to amass vast fortunes while millions of Americans struggle financially.
Undocumented immigrants pay higher tax rates than top 1% in most...
New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.
IRS reclaims over $1 billion from wealthy tax evaders in under...
New IRS funding from the Inflation Reduction Act targets wealthy tax dodgers, reclaiming over $1 billion in unpaid taxes.
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.
Trump’s $48 billion corporate tax cut proposal exceeds annual K-12 education...
The proposed reduction in the corporate tax rate from 21% to 15% would result in massive tax savings for the largest U.S. companies, benefiting wealthy shareholders while neglecting workers and public investments.
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Over 4,000 factory workers laid off as Trump tariffs spark economic chaos
A wave of mass layoffs across the U.S. exposes the real cost of Trump’s trade war, as union leaders and lawmakers warn of deepening instability in American manufacturing.
Now the putz has really done it, exposing the USA as trade pariah but,...
As a destroyer of global trade and hard-won allied trust, Trump mayhem in eight weeks tops the devastation Covid took two years to achieve.
Newly launched scorecard tool ranks food packaging for sustainability and safety
The goal of the project is to help businesses and consumers make informed decisions that reduce their environmental impact while also protecting human health.
The AI power play: How ChatGPT, Gemini, Claude, and others are shaping the future...
The competition among top AI models is transforming how we work, create, and communicate. But as these systems grow smarter and more accessible, new questions emerge about cost, sustainability, and responsible development in a rapidly evolving landscape.
Only 15 senators back effort to block arms to Israel as Gaza deaths surpass...
Despite an escalating humanitarian crisis in Gaza and allegations of war crimes, the U.S. Senate overwhelmingly rejected resolutions to halt $8.8 billion in weapons sales to Israel, with only 15 senators supporting the effort.