Truthout
Economy
CEO Pay Has Risen to Unprecedented Levels During the Pandemic, Report Finds
A majority of the companies surveyed widened their CEO-to-median-worker pay ratio last year as CEO pay skyrocketed.
Only 3 Percent of Jobs on Tennessee Government Website Pay Over $20,000
GOP Gov. Bill Lee has ended extra pandemic unemployment benefits in the state, touting jobs listed on the website.
Business Coalition Spends Millions to Lobby Against Biden’s Proposed Tax Hikes
Several members of the coalition against tax hikes lobbied on behalf of Trump's tax cuts.
A National Strike Has Reignited in Colombia — and Is Winning Some Victories
The strike forced the government to withdraw a tax on basic necessities and subsidize college for low-income students.
Public Banking Can Improve the Lives of US Workers While Helping Save the Planet
The movement to create state-level public banks is gaining strong ground in at least 12 states.
“Tax the Rich” Gains Momentum After Explosive Report on Billionaire Tax Dodging
The report found that the wealthiest Americans are often able to dodge most, if not all, federal income taxes.
New Analysis Shows Just How Little Richest .001 Percent Pay in Taxes
Recent wealth gains of U.S. billionaires compared to IRS data show the true tax rate paid by the mega-rich.
G7 Heralds 15 Percent Corporate Tax Rate. Critics Say It Fails Poorer Nations.
Tax justice advocates warn that a minimum tax rate lower than 25 percent is likely to benefit rich nations only.
Unemployment Falls to 5.8 Percent as Productivity Growth Quashes Inflation Fears
The recovery continues to disproportionately benefit workers with higher levels of formal education.
Biden Offers to Keep Trump’s Tax Cuts to Win GOP Backing for Infrastructure Plan
Economist Jeffrey Sachs says a capitulation on the Trump tax cuts would be a huge mistake for the Biden administration.