Truthout
Economy & Labor
South Dakota Is a Major Global Tax Shelter, According to the Pandora Papers
This massive exposé will hopefully boost momentum to fund IRS enforcement to ensure the wealthy pay their fair share.
Ending Unemployment Benefits Had Little Impact on Job Growth
A mixed jobs report shows many of the lowest-paying industries are losing jobs.
Manchin’s Gutting of Biden Agenda Would Cut 2 Million Jobs Per Year
Analysis shows Manchin's cuts would lead to his own home state seeing 9,880 fewer jobs each year.
Hurricanes Aren’t Just Natural Disasters — They Also Fuel Inequality
Hurricane Ida showed that natural disasters are good at making poor people poorer and rich people richer.
Biden Slams GOP for Obstructing Debt Limit in Wake of “Reckless” Trump Agenda
“Their obstruction and irresponsibility knows absolutely no bounds,” the president said on Monday.
Warren Introduces Bill to Protect Bank Customers, Small Banks From Consolidation
Federal regulators haven’t formally rejected a bank merger in 15 years.
Bombshell Leak of Tax Haven Info Exposes US as “Peddler of Financial Secrecy”
The leak of an enormous trove of tax haven files offers a further glimpse into the secretive world of offshore finance.
Amid Labor Shortage and Supply Chain Disruption, Workers Have Historic Leverage
This favorable labor market is an opportunity for workers and unions to undo concessions or to win long-sought demands.
Republicans Show They’d Rather Risk Recession Than Allow Democrats to Pass Bills
Republicans are making it clear that they are willing to risk a recession in order to gut the Build Back Better Act.
More Than Half of US’s 100 Richest People Dodge Estate Taxes Via Special Trusts
The estate tax can be easily avoided by exploiting a loophole unwittingly created by Congress three decades ago.