Tag: tax cuts

It resulted in significant corporate stock buybacks rather than investments in workers or innovation.

The report sheds light on the private equity sector, often criticized as "vulture capitalism," revealing that 45 private-equity billionaires alone have amassed a collective wealth of $210.8 billion.

Greasing the way: three different — and massive — rounds of rich people-friendly tax cuts.

According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups.

Exploring the roots of the U.S. debt crisis: unpacking how tax cuts for the rich have fueled fiscal challenges.

"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."

The poorest fifth, meanwhile, would get just $1.4 billion in tax cuts under the Republican legislation, according to a new analysis.

"If House Republicans were actually serious about the deficit, they would demand wealthy corporations pay their fair share in taxes," one advocate said.

"It's not a slap in the face. It's a step in the right direction. We shouldn't be going [into] debt for getting an education."

Billionaire business owners deployed lobbyists to make sure Trump’s 2017 tax bill was tailored to their benefit. Confidential IRS records show the windfall that followed.