Paul Krugman: Tax Cuts for Billionaires are GOP’s Number One Priority
Remember Paul Ryan? The speaker of the House used to be a media darling, lionized as the epitome of the...
Category: Taxes
Donald Trump Wants to Give His Rich Cronies Huge Tax Breaks
Democratic presidential candidate Hillary Clinton’s tax plan would raise trillions in revenue by increasing taxes on the wealthy, according to...
Bernie Sanders Exposes The Top 10 Corporate Tax Dodgers
Bernie Sanders is making Big Business shudder by using his platform as a presidential candidate to expose the top 10...
Bernie Sanders Calls Out “Pathological Liar” Trump For Lying About His Tax Plan
Democratic presidential candidate Bernie Sanders ripped Donald Trump apart after the billionaire lied about the Sanders tax plan. At the...
The One Percent Has Devised A Tax System That Saves Them Billions
The hedge fund magnates Daniel S. Loeb, Louis Moore Bacon and Steven A. Cohen have much in common. They have...
Bernie Sander’s Plan to Prevent Corporate Tax Dodging
Sanders has proposed a detailed plan for addressing the country’s infrastructure needs, with an investment of $1 trillion. His plan...
GOP Plans To Rob Taxpayers and Bankrupt America with Bloated Pentagon Spending
Apparently, there are Americans who hate the idea of contributing to the general welfare of the United States, what George...
Drug Giant Pfizer Moves Its Operations to Ireland to Dodge Taxes
Drug giant Pfizer has merged with Irish company Allergan in order to benefit from tax evasion by relocating its headquarters...
Marco Rubio’s Crazy Tax Scheme: An Unprecedented Giveaway to the One Percent
Last week, Citizens for Tax Justice, a liberal think tank that uses mainstream economic tax modeling, analyzed Marco Rubio’s tax-cut...
Jeb Bush’s Tax Plan Treats the Top 1% to an Average Tax Cut of Nearly $180,000
A Citizens for Tax Justice analysis of Jeb Bush’s tax plan reveals that it would cut taxes by $7.1 trillion[i]...
Pentagon gave sports franchises taxpayer money to promote military
The best kind of patriotism is the compulsory kind. And the best kind of compulsory patriotism is that most American...
U.S. Corporations Stash $2.1 Trillion Overseas to Dodge Taxes
The 500 largest American corporations are hiding over $2 trillion in total profits in offshore tax havens in order to...
Elizabeth Warren Exposes the Republican Trickle Down Con
Last week, Elizabeth Warren appeared on The Late Show with Stephen Colbert, where she hammered the Republicans’ refusal to give...
Tax Havens and the New U.S. Aristocracy
To Gabriel Zucman, protégé of rock star French economist Thomas Piketty, the United States is starting to look a lot...
Jeb Bush Campaigns on Giving More Tax Cuts to the Rich
Republican presidential hopeful Jeb Bush outlined a tax plan on Wednesday that broadly resembles the tax platform presented in 2000...
Robert Reich: Corporate Welfare is Sucking the Life Out of Ordinary Americans
Corporate welfare is often camouflaged in taxes that seem neutral on their face but give windfalls to big entrenched corporations...
Right Wing Billionaires Believe They are Over-Taxed
As we celebrate our collective history this Fourth of July, we should remember that we live in a country where...
Bernie Sanders’ Proposal to Raise Taxes on Billionaires
Sen. Bernie Sanders has introduced a bold new bill to combat income inequality by increasing taxes on the wealthiest Americans....
Rand Paul Wants to Transfer More Wealth to America’s Rich
Senator Rand Paul, having recently taken on the GOP’s foreign policy wing in his battle against the Patriot Act, has...
Scott Walker Intends to Rob Taxpayers to Enrich His Billionaire Contributors
It is no great secret that Republicans can never find a penny for education, infrastructure improvements, social services, or safety...
Walmart Perfects the Art of Using Overseas Companies to Hide Money and Dodge Taxes
Overseas tax evasion by American corporations has become a political hot button of late: It haunted Mitt Romney in 2012,...
Report Shows The Oil Industry Benefits From $5.3 Trillion in Taxpayer Subsidies Annually
According to the oil industry, the very idea of ending billions-of-dollars in taxpayer subsidies for the profitable industry is un-American;...
Scott Walker Wrecks Wisconsin And Proves That Tax Cuts For The Rich Don’t Work
Governor Scott Walker promised Wisconsinites that he could jump start the economy with tax cuts for big business, even though...
How do corporations avoid paying taxes?
For most Americans, Tax Day is one of the most agonizing days of the year. But many multi-billion dollar companies...
Bernie Sanders Introduces Bill to Get Corporations to Pay Their Fair Share
Sen. Bernie Sanders drops a bomb on corporations who are dodging taxes by hiding money overseas by introducing new legislation...
Obama Calls Out Republicans About Their Plan To Cut Taxes For The Rich
President Obama used facts and math to reveal the true agenda behind the Republican plan to cut taxes for the...
GOP Controlled House Votes To Give Richest 0.2 Percent Of Americans a Tax Cut
The House of Representatives voted Thursday to give a tax break worth $269 billion to the richest few thousand estates...
Obama Gashes Republicans for Trying to Give 4,000 Millionaires a $4 Million Tax Cut
President Obama exposed the Republican agenda by calling out the morally repugnant GOP budget plan to give 4,000 of the...
Bernie Sanders Demands War Tax On Millionaires To Pay For GOP Military Spending Increase
Sen. Sanders isn’t just demanding the war tax. He is going to force Republicans to vote on it by proposing...
Connected Big Boys Access A Bottomless Pit Of Tax Credits
There’s a bill parked in the House Ways & Means Committee called the New Markets Tax Credit (NMTC) Extension Act...
Kansas Governor Sam Brownback Takes From Children And Retirees To Give Tax Cuts To The Wealthy
Despite the state of Kansas facing bankruptcy and a billion dollar deficit due to monumental tax cuts for the rich...
Top Democrats In Congress To Release Unapologetically Progressive Tax Plan
In a sharp departure from party leaders’ proposals over the last few years, Rep. Chris Van Hollen (D-MD) today announced...
More lethal than the Whopper: How Burger King pleases the 1 percent, screws its workers
For the past year, I’ve worked at a Burger King in Tampa, Florida, making $9 an hour. Taxes are taken...
Congress Refuses to Add to the Deficit—Except When Giving Tax Breaks to Big Business
Congress routinely allows huge packages of nominally temporary tax incentives, loopholes, deductions, and credits to expire, only to revive them...
US Corporations Top List of Those Living in ‘Magical Fairyland’ of Tax-Dodging
More than 300 global corporations and financial institutions—including well-known names like Pepsi Co., FedEx, JP Morgan Chase, and Amazon—have created...
Obama Scores Big Win Against Tax-Dodging Deals
LONDON, Oct 16 (Reuters) – U.S. drugmaker AbbVie has pulled the plug on its plan to buy Dublin-based Shire ,...
How U.S. Corporations Skip Out on Their Tax Bill
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though,...
Microsoft’s Staggering Tax Dodge Alone Would Fund the Entire State of Washington for Two Years
Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though,...
Paul Ryan’s convinced: time to cut taxes on the wealthy
There are some congressional Republicans who believe the party’s commitment to supply-side, trickle-down tax policy is in need of an...
Wall Street Has Raked In Almost A Billion Dollars Helping Companies Move Overseas To Dodge Taxes
As more and more American companies have used international mergers to move their profits out of U.S. tax jurisdiction, the...
20 Big Profitable US Companies Paid No Taxes
U.S. companies are looking for all sorts of ways to reduce their tax bill. But scores of big U.S. companies...
Tax Dodger Running for Governor in Illinois
If you are not in the Chicago media market, you might not know much about Bruce Rauner, the Mitt Romney-like...
House Republicans Pass Bill to Lower Taxes on the Rich and Raise Taxes on the Poor
So what are Republicans in the House of Representatives up to these days? According to Danny Vinik, they just passed...
Jon Stewart Explains The Most Outrageous Corporate Tax Dodge Yet
It’s the corporate tax loophole that could be costing you billions. American companies are quietly changing their paperwork to make...
Billionaire Blasts Companies That Jump Overseas To Duck Taxes: ‘I’m Selling Your Stock’
As more and more American corporations have used mergers and shell companies to shift profits and shrink their U.S. tax...
The Bad Boss Tax: When Workers at Walmart Need Food Stamps to Survive, Should Walmart be Taxed Accordingly?
Can you name the worst job you’ve ever had? For Cliff Martin, that’s not an easy question. All three of...
Paul Krugman: Corporate Artful Dodgers
In recent decisions, the conservative majority on the Supreme Court has made clear its view that corporations are people, with...
Dick Cheney: Give More Money to the Pentagon, Not to Infrastructure
WASHINGTON — Former Vice President Dick Cheney said Monday that President Barack Obama is “devastating” the U.S. military and needs...
Corporate Tax Cheats Still Get Billions In Government Business
Despite supposed bans on companies that move offshore to avoid paying U.S. taxes getting federal contracts, more than a dozen...
How Much Wealth Are Our Wealthiest Hiding?
How much are the mega rich hiding offshore? Independent analysts have been working to pin that figure down. The most...
