Truthout
Taxes
Former Liberal Congressman Is Now a Top Lobbyist Defending a Tax Scam
A tax scheme that benefits the wealthy is protected by lobbyists — including former "liberal lion" Henry Waxman.
Sanders Wants to Up Social Security Benefit by $2,400 a Year by Taxing the Rich
"Our job is to expand Social Security so that everyone in America can retire" with dignity, Sanders said.
Trump, Ivanka and Don Jr. Agree to Testify in New York AG’s Investigation
The investigation is looking into whether Trump misstated the value of his businesses for financial benefit.
26 of US’s Richest Billionaires Paid 4.8 Percent Tax Rate in Recent Years
Warren Buffett paid an effective tax rate of only 0.1 percent between 2013 and 2018, IRS documents show.
Boris Johnson Rejects Windfall Tax on Massive BP Profits as Gas Prices Soar
Johnson claims the profits go to investment, but 60 percent has been going to share buybacks.
As Gas Prices Soared in 2021, Big Oil CEOs Got a Nearly $45 Million Raise
Twenty-eight major oil and gas CEOs collected a whopping $394 million in compensation in 2021.
Majority of Voters Support Biden’s Billionaire Income Tax, Poll Finds
Fifty-nine percent of likely voters support the proposal to levy a minimum tax on the ultrarich.
Warren Argues Windfall Profits Tax Can Help Democrats Avert Big Midterm Losses
The senator noted that there is much President Biden can do unilaterally to deliver relief to people across the U.S.
Leaked IRS Data Show the Very Richest Pay Lower Tax Rates Than the Merely Rich
An unprecedented trove of leaked data shows who reported the most income in the U.S. — as well as their tax rates.
Majority of Corporations Don’t Pay State Income Taxes in at Least 7 States
Between 60 and 90 percent of corporations in seven states paid zero state corporate income taxes between 2015 and 2019.