Tuesday, April 8, 2025

Tag: taxes

‘We are not taxing the very wealthy enough’: runaway inequality about...

"Americans overwhelmingly prefer raising taxes on the ultra-wealthy and huge corporations to making cuts to critical programs like healthcare, medical research, and infrastructure," said Sen. Elizabeth Warren.

A deal with the devil

What’s that tax deduction really worth?

How the wealthy save billions in taxes by skirting a century-old...

Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

Dems blast House GOP for bill adding $114 billion to deficit...

"Once again," said Congressional Progressive Caucus Chair Pramila Jayapal, Republicans are "putting politics over poor and working people."

This graph shows where surging corporate profits increasingly go: Tax havens

The global corporate minimum tax would ensure all companies worldwide pay a minimum tax of 15% and would require higher taxes of large companies in countries where they have customers.

Hypocrisy abounds as PPP loans to 1% forgiven, while Biden seeks...

Word has leaked out that the Biden administration is about to enter negotiations with Big Pharma, for the express intent of shifting the cost of COVID vaccines and lifesaving antiviral medications, to the patient. 

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.

POPULAR

Over 4,000 factory workers laid off as Trump tariffs spark economic chaos

A wave of mass layoffs across the U.S. exposes the real cost of Trump’s trade war, as union leaders and lawmakers warn of deepening instability in American manufacturing.

Now the putz has really done it, exposing the USA as trade pariah but,...

As a destroyer of global trade and hard-won allied trust, Trump mayhem in eight weeks tops the devastation Covid took two years to achieve.

Newly launched scorecard tool ranks food packaging for sustainability and safety

The goal of the project is to help businesses and consumers make informed decisions that reduce their environmental impact while also protecting human health.

The AI power play: How ChatGPT, Gemini, Claude, and others are shaping the future...

The competition among top AI models is transforming how we work, create, and communicate. But as these systems grow smarter and more accessible, new questions emerge about cost, sustainability, and responsible development in a rapidly evolving landscape.

Only 15 senators back effort to block arms to Israel as Gaza deaths surpass...

Despite an escalating humanitarian crisis in Gaza and allegations of war crimes, the U.S. Senate overwhelmingly rejected resolutions to halt $8.8 billion in weapons sales to Israel, with only 15 senators supporting the effort.