Truthout
Economy
GOP Is Coordinating With Far Right Hungarian Government to Block Corporate Taxes
A watchdog group slammed Republicans for “choosing to sabotage” the U.S.'s ability to tax corporations.
Second-Richest Man Jeff Bezos Defends Oil Industry Price-Gouging
Prices at the pump have bolstered the call by progressives for a windfall profits tax, which Bezos would oppose.
New Proposal Would Tax the Rich to House Low-Income People in Los Angeles
A proposal on the ballot in Los Angeles would tax turnovers of luxury properties to fund affordable housing.
Billionaires Avoid Taxes on an Epic Scale. Here’s How.
The key ways in which the ultrawealthy avoid taxes are largely unavailable to most taxpayers.
Sanders Calls for Windfall Tax to Defend Economy Against Corporate Greed
The demand for the popular proposal comes as Biden's call for a federal gas tax holiday faces growing pushback.
Don’t Let Corporations Profit From Our Inflation Pain
Corporations are blaming rising prices on elected officials and worker organizing even as they rake in record profits.
A TikTok Investor Has Avoided $1 Billion in Taxes. Now He’s a GOP Megadonor.
Susquehanna founder Jeff Yass is now pouring his money into campaigns to cut taxes and support election deniers.
Corporate Profits Soared to Highest Levels in 7 Decades Last Year
Experts call for a tax on excess corporate profits as a tool to rein in sky-high inflation.
Many Nations Have Used COVID to Impose the Tyranny of Transnational Capital
The “new normal” rammed during the pandemic involves increasingly obscene power held by transnational corporations.
Federal Reserve Puts Burden of Curbing Inflation on Global Working Class
The Fed's plan to raise interest rates could increase unemployment and set the stage for lowering wages.