Tag: taxes
NYT exposé: ‘Self-made billionaire’ Donald Trump built empire on father’s money,...
A New York Times exposé has revealed that Trump inherited much of his family’s wealth through tax dodging and outright fraud.
After budget cuts, the IRS’ work against tax cheats is facing...
Audits and criminal referrals are down sharply since Congress cut the tax agency’s budget and management changed priorities.
Another tax scam for the rich
It’s another big handout to the wealthy, another huge increase in the federal deficit, and it’s illegal.
House Republican ‘2.0’ tax plan includes ill-conceived ‘universal savings account’ proposal
The USA is fundamentally flawed: it would do little to boost private savings, drain federal revenues, and overwhelmingly benefit the nation’s wealthiest households.
Heavy-handed industry maneuver to crush soda and grocery taxes is on...
Measure 103 was reportedly proposed to counter efforts to raise corporate taxes at the state level, such as 2016's Measure 97, which voters rejected.
Executive excess: How taxpayers subsidize giant corporate pay gaps
More than two-thirds of the top federal contractors and corporate subsidy recipients paid their CEO more than 100 times their median worker pay in 2017.
Taxpayers are subsidizing corporations that pay CEOs hundreds of times more...
Author says the findings should fuel the movement to "use the power of the public purse to crack down on corporations that refuse to share the wealth."
Trump’s Trade Wars
He’s put tariffs, which are essentially taxes, on what they sell to us. And they’ve retaliated by putting tariffs on what we sell to them.
Trump administration attempts to tweak capital gains tax only to benefit...
But tax analysts said the proposed tweak would create more tax shelters and increase national debt.
Progressive Briefing for Tuesday, July 31, 2018
Worker's wages fall, Federal judge orders government to seek consent before medicating migrant children, Bernie Sanders thanks the Koch brothers, and more.
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143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water
Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.
House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...
Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.
Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA
“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”
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.
Senate rejects Sanders’ push to halt US arms sales as weapons fuel 44,000 deaths...
The Senate overwhelmingly voted against the measures, leaving advocates of peace and human rights questioning U.S. complicity in the alleged war crimes unfolding in Gaza.