Thursday, March 12, 2026

Tag: taxes

A deal with the devil

What’s that tax deduction really worth?

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.

Dems blast House GOP for bill adding $114 billion to deficit...

"Once again," said Congressional Progressive Caucus Chair Pramila Jayapal, Republicans are "putting politics over poor and working people."

This graph shows where surging corporate profits increasingly go: Tax havens

The global corporate minimum tax would ensure all companies worldwide pay a minimum tax of 15% and would require higher taxes of large companies in countries where they have customers.

Hypocrisy abounds as PPP loans to 1% forgiven, while Biden seeks...

Word has leaked out that the Biden administration is about to enter negotiations with Big Pharma, for the express intent of shifting the cost of COVID vaccines and lifesaving antiviral medications, to the patient. 

Ten ways billionaires avoid taxes on an epic scale

After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.

‘Tax the Rich,’ say millionaire activists protesting at Davos amid record...

"Any millionaire who has sense enough to see that our current economic model is failing will support these protests."

Still another reason for taxing the rich

America’s wealthiest, new ProPublica data suggest, may be even richer than we thought.

Rep. Jamaal Brown introduces legislation that will propose income tax reform...

The introduced tax code for the nearly 700 billionaires would raise $1 trillion over ten years, according to a press release.

About that $900 you gave Pentagon contractors

This tax season, I’d rather fund green jobs and disease control than jets that spontaneously combust. Wouldn’t you?

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The $5.6 billion opening salvo: inside the staggering cost of Trump’s war on Iran

New reporting reveals that the United States burned through billions in munitions within days of launching its assault on Iran, highlighting the scale of the military campaign and its mounting financial and humanitarian toll.

How 300 billionaires poured $3 billion into the 2024 elections

A tiny fraction of donors supplied nearly one-fifth of all federal campaign spending as billionaire influence surged to unprecedented levels.

The war on Iran—and Washington’s missing exit strategy

That means inflicting real costs: U.S. casualties, political backlash at home, strained relations with allies, global economic disruption and a further erosion of Washington’s standing in the world.

After loneliness

Left for dead in Donald Trump's America; could communal life stir?

US-Israel strikes on Iranian oil depots trigger environmental disaster and historic oil shock

Bombing of energy infrastructure in Tehran sparks toxic rainfall warnings, record crude price surge, and accusations of war crimes as fires and smoke engulf Iran’s capital.