Tag: taxes
Wealth over fairness: Shocking report unveils tax favoritism for the rich...
According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups.
New Massachusetts ‘Tax the Rich’ law raises $1.5 billion for public...
The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.
Our richest can move to avoid taxes. But can they hide?
Washington is contemplating a state wealth tax, a levy that would cost Jeff Bezos.
Supreme Court could trigger hundreds of billions in corporate tax cuts...
"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."
Which nation has taxed the rich the most?
Britain and the United States were once the top two—have times changed?
World’s 500 richest people added $852 billion to their wealth in...
"They can afford to pay their fair share in taxes."
Right-wing indoctrination in charter schools at taxpayer expense
A “new breed” of charter schools is spreading conservative ideology and Christian nationalism.
‘We are not taxing the very wealthy enough’: runaway inequality about...
"Americans overwhelmingly prefer raising taxes on the ultra-wealthy and huge corporations to making cuts to critical programs like healthcare, medical research, and infrastructure," said Sen. Elizabeth Warren.
How the wealthy save billions in taxes by skirting a century-old...
Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
POPULAR
US diplomacy thwarts Palestinian UN membership amid claims of supporting statehood leaked cable shows
This diplomatic maneuvering seeks to avoid a U.S. veto, which would publicly align the country against Palestinian self-determination.
Supreme Court questions use of obstruction law in Jan. 6 riot cases amid concerns...
This law is now at the center of a legal battle concerning its suitability for punishing those who stormed the Capitol during the certification of the 2020 election results.
The Fourth Amendment is Not for Sale Act and the battle against government spying
The FANFSA, passed with a 219-199 vote, garnered support from both sides of the aisle, with 96 Democrats and 123 Republicans backing the bill.
Supreme silence: High court decision curtails protest rights, stifling voices in the South
As the case now returns to lower courts for further proceedings, the national discourse on the limits of free speech and the right to protest continues to evolve.
New report reveals millionaires’ tax rates slashed by half since 1950s, fueling wealth inequality
This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.