Thursday, March 30, 2023

Tag: wealth tax

Democratic senators call for investigation of tax avoidance by the ultrawealthy

Sens. Elizabeth Warren and Sheldon Whitehouse demanded an investigation into how the rich use “legal tax loopholes to avoid paying their fair share of income taxes.”

11 charts on taxing the wealthy and corporations

The raging debate over public investment financing has created a huge opening for long overdue fair tax reforms.

A global tax deal for the rich, not the poor

Despite the recent G7 agreement on corporate taxation, global leadership requires going beyond national interests to ensure that all countries have sufficient resources to develop healthier post-pandemic economies.

Patriotic Millionaires urge global leaders to combat tax avoidance through wealth...

"We need to foster a recovery beyond regressing to the same-old, same-old. We need to tax the rich.”

New poll shows two-thirds of voters support a wealth tax to...

“There is growing concern about the influence large corporations and wealthy individuals have on American elections.”

Watch: Viral animated video shows how just a fraction of Bill...

“You’d have to save more than a $100,000 per year for a MILLION years to get there. So where's that wealth tax?”

The income inequality crisis: Why we need a wealth tax

Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.

Let’s have a wealth tax to fund Medicare for All

The total amount of tax would be $8.426 trillion. At present, the federal government spends $4.407 trillion annually. The wealth tax would be nearly twice as large.

Trying out the wealth tax for size

This wealth tax looks like a very good thing. Repair the infrastructure, wipe out the student debt, and get single-payer healthcare well established. And all just by taxing a bunch of uber-wealthy.

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Australia becomes first country to approve psychedelics as form of medicine

Australia is reclassifying them as “controlled substances” and making them available for use in managed medical settings.

Congress has been captured by the arms industry

And what a price to pay!

How Indigenous land management practices are a blueprint for climate-resilient agriculture

As a rapidly warming world strains at the shortcomings in industrial farming, key lessons can be taken from Indigenous practices.

We don’t have to choose between nuclear madmen

We can make a difference -- maybe even the difference -- to avert global nuclear annihilation.

California passes law to fine oil companies over price gouging

The new law prohibiting fuel price gouging will go into effect June 26.