Truthout
Taxes
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.
How Are US Tax Dollars Being Spent? Hint: The Pentagon Is Cashing In.
The average US taxpayer sent $58 to fund antiwar diplomacy efforts versus $5,109 for militarism and its support systems.
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.
US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul
Billionaires now control 1 out of every 25 dollars of American wealth.
Israel’s Genocide in Gaza Is Provoking Tax Resistance in the US
As April 15 approaches, antiwar groups are responding to a surge of interest in tax resistance as a form of protest.
Report: Average US Taxpayer Paid Over $5,000 Toward Militarism in 2023
Lockheed Martin, which is profiting directly from Israel’s genocide, received $249 from the average taxpayer last year.
Trump Tax Cuts May Have Contributed to Decline in Donations to Higher Ed
Individual donations declined by about 4 percent two years after the Tax Cuts and Jobs Act was signed into law.
These Companies Pay Their Executives More Than They Pay in Taxes
Tesla, Ford, Netflix and T-Mobile are among scores of U.S. firms that pay their top execs more than they pay the IRS.
President Biden’s Budget Proposes a National Paid Family Leave Program
Proposing new social services and higher taxes on the wealthy, the plan also includes $1 trillion in military spending.