Saturday, May 10, 2025

Tag: taxes

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.

The Medicare Advantage Paradox: How private insurers cost taxpayers billions

Recent studies and reports from the Medicare Payment Advisory Commission (MedPAC) reveal that MA overpayments have significantly burdened taxpayers.

Roman oligarchs avoided tax liability and restrictions on land size

The oligarchic tradition of land-grabbing and tax dodging goes back centuries.

Fossil fuel tax could unlock $720 billion for climate crisis, new...

The Climate Damages Tax aims to rectify historical injustices and provide a tangible pathway towards a more sustainable and just world.

New report reveals millionaires’ tax rates slashed by half since 1950s,...

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.

Sanders and Schakowsky champion corporate tax reform to end ‘legalized tax...

The Corporate Tax Dodging Prevention Act is a bold initiative designed to close the gap in the corporate tax code that allows for extensive tax avoidance.

Billionaire fortunes double in wake of Trump’s tax cuts

The report sheds light on the private equity sector, often criticized as "vulture capitalism," revealing that 45 private-equity billionaires alone have amassed a collective wealth of $210.8 billion.

American taxpayers foot $5,000 bill each for militarism

The analysis disclosed that a staggering $2,974 of the average taxpayer's income was funneled directly to the Pentagon.

Can Brazil convince the world to tax billionaire wealth?

The ambitious goal: To shove the case for taxing the wealth of our world’s wealthiest onto the world’s political stage.

The elites’ tax evasion: Unveiling the global decline in fair taxation

The wealthiest 1 percent in the globe's most influential economies have seen their tax obligations dramatically reduced.

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The real evil empire may surprise you

Serving in (or thinking about) the U.S. military for 40 years.

One in ten Americans lives in a sinking city, new study finds

Groundbreaking research from Columbia University reveals that land beneath America’s largest cities is sinking—mostly due to groundwater extraction—posing a hidden but growing threat to infrastructure, flood safety, and climate resilience.

Texas voters reject far right school boards in sweeping backlash to book bans

Dozens of candidates who backed book censorship policies lost their seats in school board elections across Texas, signaling public fatigue with partisan attacks on students, educators, and libraries.

GOP advances sweeping plan to fast-track drilling, mining, and logging on public lands

A new Republican bill would open millions of acres of protected land to fossil fuel and timber companies while gutting environmental review processes, in a bid to help fund massive tax cuts.

Millions would lose Medicaid under GOP cuts, says new CBO report

A nonpartisan analysis shows Republican efforts to slash Medicaid by $880 billion would strip healthcare from millions of low-income Americans in order to fund tax cuts for the wealthy.