Truthout
Economy & Labor
Millionaires’ Effective Tax Rate Has Been Cut by Half Since Mid-20th Century
Between 1945 and 1980, households with a $1 million income or more paid effective tax rates as high as 60 percent.
Here Are the 5 Key State Tax Trends to Watch This Year
Several states are adopting bold progressive policy, while others are cutting taxes on the wealthy.
Sanders Introduces Bill to Combat “Legalized Tax Dodging” for Corporations
Over the next decade, the bill would allow the federal government to collect an additional $2.3 trillion in tax revenue.
Activists: Biden Risking Student Debt Relief Plans by Continuing MOHELA Contract
Sticking with the servicer at the center of the SCOTUS debt relief case threatens current forgiveness plans, they say.
US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul
Billionaires now control 1 out of every 25 dollars of American wealth.
Project 2025 Threatens Not Only Workers’ Livelihoods, But Also Their Very Lives
The right-wing plan aims to gut everything from anti-discrimination protections to child labor standards.
CA Lawmaker Proposes Bill Forbidding Employers From Calling Workers After Hours
The bill aims to lessen the chances of burnout by creating agreeable rules for when bosses can call workers.
Supermajority of Mercedes-Benz Workers in Alabama File for Union Vote
The vote is the latest victory of the UAW's aggressive union organizing drive, the largest in U.S. history.
Lax Regulations and Poor Safety Planning Set Stage for Baltimore Bridge Collapse
Decades of regulation failures and port policies prioritizing profits over safety led to the disaster in Baltimore.
University of Texas at Austin Fires 60 Staff Focused on Diversity and Inclusion
The layoffs were prompted by a diversity, equity, and inclusion ban that went into effect in January.