Sunday, November 24, 2024

Tag: taxes

American taxpayers foot $5,000 bill each for militarism

The analysis disclosed that a staggering $2,974 of the average taxpayer's income was funneled directly to the Pentagon.

Can Brazil convince the world to tax billionaire wealth?

The ambitious goal: To shove the case for taxing the wealth of our world’s wealthiest onto the world’s political stage.

The elites’ tax evasion: Unveiling the global decline in fair taxation

The wealthiest 1 percent in the globe's most influential economies have seen their tax obligations dramatically reduced.

Shock tax bill proposal: Mega corporations to receive massive cuts while...

The Tax Relief for American Families and Workers Act has been promoted for its child tax credit component. However, it also contains provisions that substantially benefit the wealthy and corporations.

DeSantis rejects GOP bill for taxpayer-funded legal aid to Trump amid...

The bill, filed by Sen. Garcia, was designed to support presidential candidates from Florida, including Trump, in their legal battles.

Economic inequality exposed: The Roosevelt reports unmask the fallacy of corporate...

"Reforming corporate tax policies is crucial for building a more equitable economy."

Sanders’ bill targets sky-high CEO pay: A push for economic equity

The legislation, titled the Tax Excessive CEO Pay Act, targets corporations with stark discrepancies in compensation between CEOs and their workers.

Wealth over fairness: Shocking report unveils tax favoritism for the rich...

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.

New Massachusetts ‘Tax the Rich’ law raises $1.5 billion for public...

The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.

Our richest can move to avoid taxes. But can they hide?

Washington is contemplating a state wealth tax, a levy that would cost Jeff Bezos.

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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.

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.

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.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.