Tag: taxes

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.

Senators Warren and Whitehouse, along with Representative Casar, lead a call for fair taxation amid revelations of corporate tax avoidance and CEO overcompensation.

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.

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, 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.

A giant tax fight awaits next year—when a number of the 2017 tax cuts for the rich and businesses expire.

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.

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.

New IRS funding from the Inflation Reduction Act targets wealthy tax dodgers, reclaiming over $1 billion in unpaid taxes.

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.