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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Could Trump’s Iran fiasco be America’s Suez crisis?
The U.S. war on Iran today, but similarities in the larger context, suggest that the United States is facing the same kind of “end of empire” moment that the British Empire faced in that historic crisis.
Trump DOJ subpoenas reporters after Iran war leaks trigger escalating clash with the press
The Trump administration has reportedly issued subpoenas targeting journalists and news organizations over Iran war reporting, intensifying concerns that the Justice Department is being used to expose confidential sources and pressure outlets covering national security issues
Wow! Losing the war PLUS losing the peace – the frenzy of fiascos ravage...
What other blundering buffoons ever lost a war (of choice), then willfully lost the peace via threats, phony bluffs and tin-ear, belligerent BS?
Too much money, too little democracy: Americans across party lines reject billionaire power in...
A new national poll finds widespread bipartisan concern that billionaires, dark money and special interest spending are overpowering ordinary voters in U.S. elections as campaign spending continues to shatter records.
Now you see them… now you don’t
Women leaders and Trump 2.0.