Truthout
Taxes

GOP Tax Cut Plan Would Add $3.5T to Deficit, Congressional Budget Office Finds
If the GOP got its way, trillions would be transferred from the public straight into the pockets of the rich.

“Greatest Wealth Transfer in History” Is Poised to Further Entrench Inequality
A recent New York Times analysis demonstrates that "we are not taxing the very wealthy enough,” said one professor.

A Series of Climate Catastrophes Have Exacerbated the Debt Ceiling Crisis
A barrage of climate-fueled disasters has slowed down federal tax collection just when it's needed most.

Georgia Anti-Abortion Law Adds “Unborn Dependents” to Tax Code
Tax exemption for “fetal personhood” worries reproductive rights activists, who say the law invites unknown risks.

The Debt Ceiling Debate Is a Manufactured Crisis. Tax the Wealthy What They Owe.
The budget-balancing problem in the U.S. stems from military spending and tax cuts for the rich.

Critics Say House GOP’s Debt Ceiling Legislation Would Benefit Rich Tax Dodgers
The Republican bill, which also targets key aid programs and climate investments, faces long odds in Congress.

Lockheed Martin Got $106 From the Average Taxpayer, While Renewables Got Just $6
Tax Day analysis also shows defense contractors received four times as much money as primary and secondary education.

IRS Vows to Renew Pursuit of Wealthy Tax Dodgers
With $80 billion in new funding, the agency aims to ramp up audits of wealthy individuals and large corporations.

Luxury Yachts and Private Planes Are Huge Tax Breaks for the Ultrawealthy
The fact that billionaires’ luxury rides come with millions in tax savings says a lot about how the system really works.

Republicans File to Repeal a Tax That Only Affects the Richest 0.1 Percent
Republicans are seeking to close the loop on tax avoidance for the ultra-wealthy.