Sunday, November 24, 2024

Tag: taxes

Ten ways billionaires avoid taxes on an epic scale

After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.

‘Tax the Rich,’ say millionaire activists protesting at Davos amid record...

"Any millionaire who has sense enough to see that our current economic model is failing will support these protests."

Still another reason for taxing the rich

America’s wealthiest, new ProPublica data suggest, may be even richer than we thought.

Rep. Jamaal Brown introduces legislation that will propose income tax reform...

The introduced tax code for the nearly 700 billionaires would raise $1 trillion over ten years, according to a press release.

About that $900 you gave Pentagon contractors

This tax season, I’d rather fund green jobs and disease control than jets that spontaneously combust. Wouldn’t you?

America’s top 15 earners and what they reveal about the US...

A new report reveals that the very richest pay lower rates than the merely rich.

‘Too distraught’

My confessions of a failed tax resister.

Taking aim at billionaire tax avoiders, Biden proposes minimum tax for...

After ProPublica's Secret IRS Files showed how the richest avoid taxes — often by minimizing income and relying on their wealth — the Biden administration unveiled a plan that could raise hundreds of billions in tax revenues. Its fate is uncertain.

Sanders introduces legislation to impose a 95 percent windfall tax on...

"The time has come for Congress to work for working families and demand that large, profitable corporations make a little bit less money and pay their fair share of taxes.”

America’s inherited wealth dynasties park trillions out of reach of taxation

It is equally important to understand how multi-generational wealth dynasties are deploying dynasty trusts and other elaborate tax dodges to sequester trillions and dodge inheritance taxes.

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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.”

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.

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.

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.