Friday, December 27, 2024

Tag: 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.

In a single year, $1.78 trillion was stolen from the working...

And much of the money workers should be getting is instead being pumped up to the top 0.3% of income earners.

As CTC ends, study says monthly payments boost baby brain activity

"Policy impacts biology. It's past time we made the Child Tax Credit increases permanent."

Two sides, same coin: Suppressing votes, cutting rich people’s taxes

America’s national media typically pay little attention to the moves the nation’s state lawmakers make. Not this year. State legislative battles have...

Report: Taxing the world’s richest would raise US $2.52 trillion a...

A new analysis, “Taxing Extreme Wealth,” by the Fight Inequality Alliance, Institute for Policy Studies, Oxfam, and Patriotic Millionaires found a shocking...

What’s that ‘surtax’ doing in Build Back Better?

The new Build Back Better surtax might just turn out to be a giant first tax step toward the more equal America that we all so desperately need.

Should rich people get a free pass at tax time?

We’re finally debating that question.

The United States of tax havens

The United States, where countless corrupt billionaires and dictators have stashed their loot, is not a single tax haven, but many separate tax havens.

Watch: Bernie Sanders argues ‘we must end the greed of Big...

"Why is it that the pharmaceutical industry is able to charge the American people the highest prices on the planet for prescription drugs? Because their greed goes unchallenged in Washington, D.C."

US billionaires are now $2.1 trillion richer than before the pandemic

Not only did the wealth of U.S. billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts. Today there are 745.

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New study finds Smartwatch wristbands contain high levels of PFAS

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

Israelis invade Syria: Who will stop Israel?

Israel's latest land-grab in Syria, and the UN and the rest of the world's inability to stop Israel from ignoring and violating the UN Charter, the Geneva Conventions and the Genocide Convention.

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.

Trump’s pick to lead federal housing agency has opposed efforts to aid the poor

Such views would seemingly place Turner at odds with the core work of HUD, a sprawling federal agency that serves as a backstop against homelessness for millions of the nation’s poor, elderly and disabled.

The world’s four legacy empires going down

In a future full of signs that the four empires that have long dominated our world are all crumbling.