Tag: tax breaks

U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.

"Big Pharma gets us coming and going—they charge Americans sky-high prices and they pay absolute rock-bottom taxes, not anywhere near a fair share."

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.

About twice as many of the largest U.S. companies reported they didn’t owe taxes in 2018 compared with previous years, a partial result of the 2017 Trump tax law, according to a report.

My conclusion: Incentives just don’t work.

Many local politicians have openly criticized authorities in New York and Virginia for backing the deals, which will create a total of 50,000 jobs.

"Why are you even considering giving more tax breaks to corporate giants?"

It's not a game for the 200 million struggling Americans who depend on tax revenue for education and housing and health care. 

Donald Trump hates the IRS and has spent years battling it.

When we cut taxes on corporations we are actually cutting taxes on a few people. And not just people, but very, very rich people.