Truthout
Economy

IRS Said He Led the “Worst of the Worst” Tax Scams. Now He’s a Trump Adviser.
A proponent of a tax deduction decried as “abusive” is now advising the agency that manages US government property.

Behind Trump Tariffs Is Capital’s Warfare Against the Working Class
Trump’s tariffs will escalate exploitation and desperation of US workers. That’s the point.

Wealthy Investors Exploit This Loophole to Raise Rents on Poor Tenants
The loophole has remained open for decades despite widespread agreement among regulators and advocates about its harm.

Group Says Some Airbnb Hosts Illegally Spiked Rental Prices Amid LA Fires
Many wildfire evacuees looked to short-term rentals as a stop-gap measure while they looked for new housing.

GOP Proposes $4.5T Tax Giveaway to Rich While Slashing Food Stamps, Medicaid
House Republicans’ draft budget calls for $2 trillion in cuts to federal nutrition assistance and other programs.

Agency Tasked With Regulating Commercial Space Flight Braces for Musk’s DOGE
The Office of Commercial Space Transportation has proposed fines and grounded Elon Musk's SpaceX for numerous incidents.

On Super Bowl Sunday, Remember Billions of Taxpayer Dollars Subsidize the NFL
NFL owners opened up 20 new stadiums with the help of $4.7 billion in taxpayer funds between 1997 and 2015.

What Do Trump’s Tariffs Really Mean for the US Working Class?
Trump’s challenge to the neoliberal order is aimed at increasing capitalists’ profits, not helping workers.

LA Fires Didn’t Discriminate in Their Destruction — But Recovery Efforts Could
Amid rent gouging, land speculators and insurance woes, the cost of rebuilding may exceed working people’s means.

Trump Orders Imposition of High Tariffs on Canada, Mexico and China
Experts warned the steep tariffs on the nation's three largest trading partners would spike prices for US consumers.