Sunday, December 29, 2024

Tag: taxes

Billionaire fortunes double in wake of Trump’s tax cuts

The report sheds light on the private equity sector, often criticized as "vulture capitalism," revealing that 45 private-equity billionaires alone have amassed a collective wealth of $210.8 billion.

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.

POPULAR

Energy prices drop below zero in UK thanks to record wind-generated electricity

The record output provided more than 68 percent of the country’s power.

New study finds Smartwatch wristbands contain high levels of PFAS

Researchers found elevated level of PFAS in mostly fluorinated synthetic rubber wristbands.

Across the Middle East, the BDS movement is thriving

The Boycott, Divestment and Sanctions movement, or BDS, has gained momentum, encouraging individuals to use their purchasing power as an effective tool for change.

Luigi Mangione and Daniel Penny display the scale of acceptance for vigilante violence

The contrast in how Penny and Mangione have been covered in the media and treated by the elite show that vigilante violence actually is acceptable in America when carried out against those with little to no agency.

US Fish and Wildlife Service protects Indonesian monitor lizard under Endangered Species Act

The species, which was threatened by the U.S. pet trade and habitat loss, will receive emergency protection.