Wednesday, August 12, 2026

Tag: taxes

Lawmakers demand tax reform as major corporations pay executives more than...

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

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.

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The dark side of ecotourism: When green travel exploits people and the planet

As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.

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FCC faces backlash over push to lift media ownership limits amid threats to local...

Press freedom and civil liberties groups warn that loosening media consolidation rules would further erode independent news, local coverage, and democratic accountability.
The E. Barrett Prettyman United States Courthouse in Washington, home of the U.S. District Court for the District of Columbia, where Judge Amit Mehta issued the order. Photo: AgnosticPreachersKid (public domain, via Wikimedia Commons)

Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...

The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.
The west front of the U.S. Capitol. The Protected Time Off Act, pending in Congress, would guarantee full-time workers two weeks of paid annual leave. Photo: Architect of the Capitol (public domain, via Wikimedia Commons)

US workers average 10 paid vacation days a year, and 33 million get none

Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.