Truthout
Taxes
Sanders: GOP Wants to Repeal Estate Tax, Give Elon Musk’s Family $83B Tax Break
If the estate tax were repealed, it would give $1.75 trillion in tax breaks to the 0.1 percent, he said.
A Wealth Tax on the 0.25 Percent Could Fund Biden’s Entire Student Debt Plan
A modest 2 percent wealth tax on households with over $30 million in wealth could have raised over $400 billion in 2022.
Renowned Economists Urge “Emergency” Corporate Taxes to Avert Global Recession
A new report says it's crucial to tax “the multinationals and the super-rich,” who have benefited from recent crises.
Leak Reveals Billionaire Donor Advising GOP to Spread Lies on Dem Tax Policies
The megadonor suggested running ads warning, “They're coming after you if you're a waiter, if you're a bartender....”
Trump Invokes Fifth Amendment in Deposition for New York Civil Investigation
Some are speculating Trump's real motivations in pleading the Fifth are related to other criminal inquiries he's facing.
Schumer: Inflation Reduction Act Has Votes to Pass After Concessions to Sinema
Democrats removed a proposal to block hedge fund managers from dodging millions in taxes on Sinema’s behalf.
GOP Is Coordinating With Far Right Hungarian Government to Block Corporate Taxes
A watchdog group slammed Republicans for “choosing to sabotage” the U.S.'s ability to tax corporations.
A TikTok Investor Has Avoided $1 Billion in Taxes. Now He’s a GOP Megadonor.
Susquehanna founder Jeff Yass is now pouring his money into campaigns to cut taxes and support election deniers.
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.