Wednesday, December 18, 2024

Tag: corporate tax cuts

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.

Shock tax bill proposal: Mega corporations to receive massive cuts while...

The Tax Relief for American Families and Workers Act has been promoted for its child tax credit component. However, it also contains provisions that substantially benefit the wealthy and corporations.

Senate Democrats propose minimum corporate tax

“While these companies report billions in profits, they often pay no income tax to the IRS and leave hardworking families holding the bag.”

“We are a plutocracy”: Jeffrey Sachs slams Biden for offering to...

“The corporations have had an unbelievable run of unjust and affordable tax cuts.”

While the rest of the U.S. was struggling, 55 corporations paid...

“We should continue to call on policymakers to address the gaping corporate tax loopholes that make this kind of tax avoidance possible.”

What’s missing from the coronavirus bill

Corporate tax cuts won’t save us. The coronavirus doesn’t distinguish between rich and poor.

Chair of the Patriotic Millionaires blasts Trumps coronavirus relief plan to...

"At the very least these workers need immediate paid sick leave, but for them to be able to pay their bills and support their families, they need economic relief more than any other group of Americans."

The 2017 Tax Cuts and Jobs Act is a case study...

Republicans passed tax cuts — then profited

Here are the 19 companies that have laid people off after...

More than half of the coalition of companies that fought for slashing the corporate tax rate have made layoffs since the GOP tax bill's enactment.

Trump’s Trojan horse tax cut

Using the promise of middle-class tax cuts as a Trojan horse for a tax windfall for the rich and deep spending cuts is a tactic dating back to the Reagan administration.

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GOP-led states risk leaving 10 million children hungry by rejecting $1.14 billion summer food...

Twelve Republican-led states face a January 1 deadline to join the Summer EBT program, a lifeline for millions of hungry kids, as advocates urge governors to act amid rising food insecurity and economic challenges.

More than 120 House Democrats urge Biden to ratify Equal Rights Amendment as deadline...

Lawmakers push President Joe Biden to finalize a constitutional ban on sex discrimination while Republicans invoke past deadlines to stall progress.

Trump’s Cabinet picks aren’t just unqualified and inexperienced—they’re morally bankrupt

While every president has a right to select their own Cabinet appointees, the Senate also has the Constitutional authority to decide whether each nominee is fit to serve.

6 fracking Billionaires and climate denial groups behind Trump’s cabinet

Trump’s nominees are backed by major players in the world of climate obstruction – from Project 2025 and Koch network fixtures to oil-soaked Christian nationalists.

Endo’s end around: How one of the nation’s largest opioid makers escaped a $7...

Endo “came with a strategy purposely intended to reduce payments to opioid victims."