Tag: taxes

In class and status-conscious, materialistic America (was it ever otherwise?), scoring net worth is easier than figuring out messy election results.

Ethics experts say such trading undermines faith in government and the markets.

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

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

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

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.

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

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.

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.

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.