Thursday, November 21, 2024

Tag: taxes

Taxing Big Oil could boost UN loss and damage fund by...

Targeting the world’s seven largest publicly traded oil and gas companies—ExxonMobil, Shell, Chevron, TotalEnergies, BP, Equinor, and ENI—the tax would hold major polluters accountable for their contributions to the climate crisis.

Segregation academies across the South are getting millions in taxpayer dollars

Segregation academies that remain vastly white continue to play an integral role in perpetuating school segregation—and, as a result, racial separation in the surrounding communities.

“Billionaires and big corporations sharpening their knives”: Progressive tax groups sound...

With a Congress poised to push for sweeping tax cuts for the wealthy and corporations, progressive organizations brace for a fierce battle to prevent policies that would deepen inequality and burden working Americans.

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.

Ending oil subsidies and taxing the rich could unlock $5 trillion...

The report, released during the United Nations General Assembly talks and ahead of the COP29 climate summit, outlines a series of proposals that could shift resources away from environmentally harmful practices and toward sustainable development.

Harris breaks with Biden on capital gains tax based on ‘failed...

Speaking to supporters, Harris emphasized the importance of supporting investment in small businesses and innovation while ensuring that the wealthy pay their fair share.

Project 2025: How the far-right’s tax plan would hike middle-class taxes...

Project 2025, a far-right agenda, proposes radical tax reforms that would disproportionately burden middle-income Americans while granting significant tax breaks to the wealthiest households and large corporations.

The United States needs a ‘Robin Hood Tax’

A giant tax fight awaits next year—when a number of the 2017 tax cuts for the rich and businesses expire.

Kamala Harris signals support for billionaires tax amid growing wealth inequality

This endorsement marks a crucial step in addressing the widening wealth gap in the country, particularly as billionaires continue to amass vast fortunes while millions of Americans struggle financially.

Undocumented immigrants pay higher tax rates than top 1% in most...

New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.

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David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Trump’s Energy Department pick: A Fracking CEO who claims ‘there is no climate crisis’

Wright’s history of denying the severity of climate change raise critical questions about his ability to lead an agency central to energy innovation and climate policy.

Pentagon fails seventh straight audit amid $1 trillion military budget

Meanwhile, Congress continues to approve unprecedented increases in military spending, pushing the budget close to $1 trillion.

Protesters demand US Senate block weapons sales to Israel amid Gaza death toll exceeding...

Emblazoned with slogans like “Stop Arming Israel” and “Fund Housing, Not Genocide,” demonstrators gathered in the Hart Senate Office Building ahead of a pivotal Senate vote on Wednesday.

In five years, Chicago has barely made progress on its court-ordered police reforms. Here’s...

Now many of the city’s reform advocates have lost faith in the process and are increasingly concerned that the opportunity for lasting reform is slipping away.