Thursday, April 17, 2025

Tag: tax reform

Patriotic Millionaires challenge oligarch power with sweeping economic plan

As economic inequality worsens and public frustration grows, a coalition of wealthy Americans offers a radical legislative blueprint to dismantle the grip of the ultra-rich on democracy.

How billionaires have sidestepped a tax aimed at the rich

Lawmakers created a new type of Medicare tax to capture the kinds of income the rich often enjoy, but a host of billionaires have managed to avoid paying it.

Walz calls out Trump’s economic failures in Fox News interview, emphasizes...

Minnesota Gov. Tim Walz defends the Democratic economic plan on Fox News, drawing sharp contrasts with Donald Trump’s tax policies and calling out corporate price gouging.

Trump’s tax plan: More wealth for the rich, less for working...

New report reveals the potential impacts of corporate tax cuts on income inequality, with wealthy Americans benefiting while the bottom half suffers.

Lawmakers demand tax reform as major corporations pay executives more than...

Senators Warren and Whitehouse, along with Representative Casar, lead a call for fair taxation amid revelations of corporate tax avoidance and CEO overcompensation.

Wyden calls out trillions dodged by ultra-rich, proposes tax reform to...

Democratic senators propose fair tax contributions from the ultra-wealthy as a solution to protect Social Security for future generations, challenging Republican cuts and calling for real revenue reform.

Secretive Project 2025 proposal could tax benefits for 15 million workers,...

A little-known proposal in Project 2025, authored by Trump administration alumni, threatens to impose significant new taxes on workers’ benefits, potentially cutting healthcare and increasing financial burdens for millions of families.

Supreme Court upholds mandatory repatriation tax in Moore case

The mandatory repatriation tax (MRT) was enacted in 2017 as part of the Tax Cuts and Jobs Act and the provision has raised more than $300 billion of revenue for the federal government since then.

IRS targets basis shifting loophole to reclaim $50 billion from super...

IRS crackdown on complex tax maneuvers is set to generate significant federal revenue by enforcing compliance among high-income taxpayers.

New era of inequality: Billionaires pay less in taxes than the...

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

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It’s time for ‘unified groups’ to declare war against Trump’s unscrupulous retribution schemes

They must use all the innovative techniques that they have to take down Trump before he turns them into his slaves, and America into a fascist state.

Trump fast-tracks Great Lakes oil tunnel, triggering outcry over water and climate risks

Environmental groups and tribal nations warn the Line 5 tunnel project could endanger drinking water for 40 million people after Trump administration classifies it as an emergency.

An Indian drugmaker, investigated by ProPublica last year, has recalled two dozen medications sold...

FDA inspectors found serious problems at a Glenmark factory in India that manufactured the recalled drugs.

Democrats push to ban congressional stock trading amid tariff-triggered market scandal

Lawmakers intensify calls to outlaw stock trades by members of Congress following Trump’s tariff reversal and suspicious GOP investments.

Trump may be blowing the economy up on purpose

Working-class Americans should view a purposefully engineered recession as blatant aggression by the ownership class.