Thursday, April 18, 2024

Tag: taxes

Taking aim at billionaire tax avoiders, Biden proposes minimum tax for...

After ProPublica's Secret IRS Files showed how the richest avoid taxes — often by minimizing income and relying on their wealth — the Biden administration unveiled a plan that could raise hundreds of billions in tax revenues. Its fate is uncertain.

Sanders introduces legislation to impose a 95 percent windfall tax on...

"The time has come for Congress to work for working families and demand that large, profitable corporations make a little bit less money and pay their fair share of taxes.”

America’s inherited wealth dynasties park trillions out of reach of taxation

It is equally important to understand how multi-generational wealth dynasties are deploying dynasty trusts and other elaborate tax dodges to sequester trillions and dodge inheritance taxes.

In a single year, $1.78 trillion was stolen from the working...

And much of the money workers should be getting is instead being pumped up to the top 0.3% of income earners.

As CTC ends, study says monthly payments boost baby brain activity

"Policy impacts biology. It's past time we made the Child Tax Credit increases permanent."

Two sides, same coin: Suppressing votes, cutting rich people’s taxes

America’s national media typically pay little attention to the moves the nation’s state lawmakers make. Not this year. State legislative battles have...

Report: Taxing the world’s richest would raise US $2.52 trillion a...

A new analysis, “Taxing Extreme Wealth,” by the Fight Inequality Alliance, Institute for Policy Studies, Oxfam, and Patriotic Millionaires found a shocking...

What’s that ‘surtax’ doing in Build Back Better?

The new Build Back Better surtax might just turn out to be a giant first tax step toward the more equal America that we all so desperately need.

Should rich people get a free pass at tax time?

We’re finally debating that question.

The United States of tax havens

The United States, where countless corrupt billionaires and dictators have stashed their loot, is not a single tax haven, but many separate tax havens.

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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.

Missouri Republican Attorney General Bailey sues Media Matters using consumer law to censor the...

An analysis of Mo. Attorney General Andrew Bailey's bogus allegations against Media Matters.

Democrats challenge Biden administration: Are US weapons used by Israel in accordance with international...

This inquiry, led by Texas Representatives Veronica Escobar and Joaquin Castro, targets the very heart of America's foreign arms policies and its ethical implications.

New study reveals microplastics’ alarming journey from everyday items to human organs

The extensive reach of these particles beyond the gut and into critical body tissues, raises significant concerns particularly for the most vulnerable: Our children.

An urgent plea to leftists in the 6 battleground states likely to decide the...

If we want to remain a country where we still have the ability to agitate for justice and equality, then it’s incumbent on us to vote with that in mind.