America’s richest 400 families now pay a lower tax rate than the middle class
The U.S. tax system is supposed to be progressive, meaning that wealthier households pay a larger share of their income...
Category: Taxes
Off by $1 Trillion — Two-Year Anniversary of Mnuchin Lie That Trump Tax Cuts Would Slash Deficit
“A treasury secretary who can’t count needs to be held accountable.” That was the message progressive advocacy group Americans for...
Trump Breaks The Law Every Time Taxpayer Money Is Spent At One Of His Properties
Rep. Jamie Raskin (D-MD) explained that Trump is not allowed to take any money from the taxpayers beyond his salary,...
Former Republican consultant busts party as racists who want tax cuts for the rich
In a furious tweetstorm, a former adviser to the Ohio Republican Party expressed disgust at how far the GOP has...
David Cay Johnston: Here’s how the super rich avoid paying taxes — and what we can do about it
Our investigative series The Koch Papers illustrates many deep problems in America’s creaky, century-old income tax system, especially how our...
Bosses pocket Trump tax windfall as workers see job promises vanish
Stephen Smith worked at an AT&T call center in Meriden, Connecticut, for over 20 years before the giant telecoms company...
Corporations paid $91 billion less in taxes under GOP tax code overhaul
As the mid-April deadline for filing 2018 tax returns was approaching, accountants and tax preparers had their share of clients who...
Trump’s Golf Has Cost Taxpayers $102 Million
President Donald Trump’s golf habit has cost taxpayers $102 million and counting, HuffPost estimated in a Wednesday report, based on an analysis...
Rigged: How US tax law props up people like Donald Trump
The New York Times disclosure that Donald Trump was able “to avoid paying income taxes” for years, while he racked up $1.17 billion...
Robert Reich: The 12 biggest myths about raising taxes on the rich
Some politicians are calling for higher taxes on the rich. Naturally, these proposals have unleashed a torrent of opposition –...
Republican Tax Scam: Consumers Lost $6 Billion, Big Banks Pocketed $28 Billion
The results are in regarding the Republican Tax Scam, and average American citizens are the big losers. According to the...
$28 Billion in Tax Cuts Last Year Went to Banks
As reports continue to come out from angry American voters saying that their tax refunds are shriveling or that they...
Taxpayers — not Big Pharma — have funded the research behind new drugs
Something odd happened when the Trump administration submitted the original version of its latest pro-corporate budget: Big Pharma didn’t like...
The Trump-GOP Tax Law Continues To Crater As Refunds Plummet By 17 Percent
The Trump-Republican tax scam continued to rear its ugly head for the third straight week as figures released late Friday...
Amazon To Pay $0 In Federal Taxes In 2019
Amazon almost doubled its profits from $5.6 billion in 2017 to $11.2 billion in 2018, but the company isn’t expected to...
Average Tax Refund Down 8.4 Percent As Money Under Republican Tax Plan Goes Into Accounts of Billionaires
Average tax refunds were down last week 8.4 percent for the first week of the tax season over the same...
Trump’s Vacations To Mar-A-Lago Cost Taxpayers $13.6M, Government Report Finds
President Trump and his entourage cost taxpayers a combined $13.6 million for just four trips over one month to his...
Billionaires Whine About Elizabeth Warren’s Proposed Billionaire Tax
I suppose this Morning Joe mini-discussion is the closest thing we’re going to get in terms of a discussion of...
Most Americans Support Ocasio-Cortez’ 70% Marginal Tax Rate Idea
In a blow to conservatives everywhere a new Hill-HarrisX survey supported Ocasio-Cortez’ beliefs and found that most Americans by a...
What does Alexandria Ocasio-Cortez know about tax policy? A lot. — Paul Krugman
I have no idea how well Alexandria Ocasio-Cortez will perform as a member of Congress. But her election is already...
The GOP Reboots Its Old Tax and Budget Scam
Get ready to see it on your TV. The GOP is about to kick back into Two Santa Clauses mode...
“Speaker Ryan will always be remembered for rigging the system to prioritize the wealthy”
As House Speaker Paul Ryan (R-Wis.) delivered his farewell address on Wednesday after 20 years of relentlessly working to gut social programs for the...
The Special Counsel’s Russia Probe is Making Millions by Catching Serial Tax Cheats
The special counsel’s spending on the Russia probe has now exceeded $25 million, according to the Department of Justice, but...
Trump Golf Count: $84,000,000 Billed to Taxpayers, So Far
Daytime visits to golf clubs since inauguration, with evidence of playing golf on at least 70 visits. The last recorded...
U.S. Charges Four in ‘Panama Papers’ Tax Evasion Scheme
U.S. prosecutors announced Tuesday that they have charged four people with taking part in a decades-long scheme to evade U.S....
Audit Shows that a Corrupt Pentagon Can’t Explain Where $800 Million of Taxpayer Money Went
NPR’s Mary Louise Kelly talks with Politico’s Bryan Bender about a story he broke earlier this week on troubling results...
David Cay Johnston on Tax Cheating: It’s Not Just The Trumps
In radio shows and talks from London to Boston to Richmond, Ind., people keep asking me how the Trump family got...
NY Times Unmasks Donald Trump: Built Empire on Father’s Money, Tax Dodging and Fraud
President Donald Trump built his personal brand and presidential candidacy on the claim that he was a self-made billionaire whose...
Why We Need to See Trump’s Tax Returns
Once upon a time, there was a little-known energy company called Enron. In its 16-year life, it went frombeing dubbed...
Trump Sacrifices Government Employees’ Raises To Billionaires’ Tax Cut
The White House announced Thursday that they would be canceling scheduled pay increases for government employees, citing budget concerns. In a...
The Tax-Cut Con Goes On: Paul Krugman
What will happen if the blue wave in the midterm elections falls short? Clearly, at this point it still might: Democrats...
Trump’s tax plan con exposed: Corporate tax revenue at 75-year low
The Trump White House got something wrong. It would be more surprising if it got something right. Do you remember...
Professed Christian Paul Ryan Fires House Chaplain For Praying About GOP Tax Bill
WASHINGTON ― House Chaplain Patrick Conroy was suddenly forced out of his job last week by Speaker Paul Ryan (R-Wis.),...
GOP Spends Big Money Trying To Sell Corporate Tax Cuts, But Poll Shows Most Americans Aren’t Buying
As right-wing advocacy groups embark on yet another campaign to sell the American public on the GOP’s corporate-friendly tax law...
Average American Taxpayer Sent $3,456 to Pentagon Last Year and Just $39 to the EPA
As Americans rushed to pay their taxes on Tuesday before the official deadline, peace groups reminded the public of the...
Under Republican Tax Law — Richest One Percent Get Extra $33,000 Per Year — The Poor Get $40
In its first analysis of how the GOP tax plan will affect Americans’ personal income taxes alone, the nonpartisan Tax Policy Center...
Budget Deficit Projected To Go Up 31 Percent Due To Trump Tax Cuts For Billionaires
The United States Treasury Department said Monday that the federal budget deficit in February was significantly higher than a year...
U.S. Now The Second Largest Tax Haven
According to the 2018 Financial Secrecy Index, the US ranks as the second largest tax haven on earth, surpassing the...
Trump’s Golf Trips Cost Taxpayers $43 Million In 2017
According to a new analysis of Trump’s golfing habits, his frequent trips to the golf course cost American taxpayers $43...
Billionaire Koch Bros Launch $20 Million Propaganda Campaign To Get Americans To Support Tax Cuts For The Rich
The Koch Brothers, through their political action networks, have decided to spend $20 million on a new ad campaign designed...
As The Rich Get Tax Cuts, More Americans Fall Into Extreme Poverty
The Republican Party that controls all branches of our federal government recently decided that the most important thing they could...
Trump Told Friends ‘You All Just Got a Lot Richer’ From Tax Bill
President Donald Trump told friends at his lavish Mar-a-Lago club “you all just got a lot richer” after the passage...
Protesters Heckle Paul Ryan And Scream Liar As He Celebrates Cutting Taxes For The Rich
As Ryan claimed that he was giving hard working people their money back, protesters interrupted his remarks on the House...
Whiny Millionaires Beg Trump To Give Them Even More Tax Breaks
In spite of the fact that every analysis performed on the Republican tax cut package shows that the legislation is...
Trump Family To Save $1 Billion Under New Tax Plan, Middle Class Gets Shafted
According to a new analysis of the tax plan that passed the House this week, the entire Trump family will...
Trump’s Exit From Anti-Corruption Pact Helps Big Oil Hide How Much It Pays In US Taxes
The Trump administration has pulled out of a global deal to combat corruption in the fossil fuel industry, a move...
