Truthout
Economy
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.
“Poverty Is Violence!” Thousands March on DC to Demand Economic Justice
“Poverty is a policy choice and we will hold our leaders accountable,” said Rev. Dr. Liz Theoharis.
Former Liberal Congressman Is Now a Top Lobbyist Defending a Tax Scam
A tax scheme that benefits the wealthy is protected by lobbyists — including former “liberal lion” Henry Waxman.
Tomorrow’s March on Washington Will Target Poverty, Voter Suppression, Climate
The Poor People's Campaign will lead a march to demand the government address key issues facing low-income communities.