Monday, December 23, 2024

Tag: taxes

One year later: GOP tax scam results in $9 billion in...

"These shameful actions—and the Republican tax law that permitted them—indicate just how rigged the system is against working people and the middle class."

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.

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Teamsters launch largest strike against Amazon in US history to demand fair wages and...

Amazon workers launch historic nationwide strike, demanding better wages, safer conditions, and union recognition from the $2 trillion corporation.

Israeli soldiers enforce kill zone in Gaza, targeting civilians and leaving bodies to rot

Israeli forces implement open-fire policies in Gaza’s Netzarim Corridor, targeting civilians and leaving corpses uncollected as a warning to others.

Elon Musk for Speaker of the House? Republicans float billionaire amid spending bill fight

Republicans propose Elon Musk as Speaker of the House after his role in sinking a spending bill, raising unprecedented ethical and governance concerns.

Pregnant woman in labor cited under Kentucky anti-homelessness law

Pregnant homeless woman in labor ticketed under Kentucky’s anti-camping law, sparking national outrage over the criminalization of homelessness.

Elon Musk endorses Germany’s far-right Neo-Nazi party amid Sanders’ warning of authoritarian oligarchy

Amid criticism from Bernie Sanders for undermining democracy, Elon Musk endorses Germany’s Alternative for Germany party, known for its neo-Nazi ties and extremist platform.