Truthout
Taxes
Tax Day Should Remind Us How Much of Our Money Funds War
We are all deeply implicated in this country’s military death machine, whether we pay income taxes or not.
Sanders Announces Budget Committee Hearing on Corporate Greed and Profiteering
“The American people are sick and tired of corporate greed,” Sanders said.
Corporate Profits Reached Record High of Nearly $3 Trillion in 2021
Corporate profits increased by 25 percent in 2021 while inflation rose by 7 percent.
Bernie Sanders Wants WWII-Style Tax on 95 Percent of Corporate Windfall Profits
A new bill introduced by the Vermont senator targets large corporations as they profiteer from ongoing crises.
Biden’s 2023 Budget Includes a 20 Percent Billionaire Minimum Income Tax
The tax would be levied on unrealized gains from things like stocks, making it similar to a wealth tax.
Research Finds Investment in Permanent Child Tax Credit Would Pay Off 10-Fold
Raising family incomes by $1,000 yearly would cost $97 billion and create $982 billion in benefits, research finds.
AOC Demands Accountability for High Gas Prices as Crude Oil Price Drops
Crude oil prices have dropped over the past week, but consumers are still stuck shelling out.
Billionaires Have Gotten $1.7 Trillion Richer Over the Pandemic, Report Finds
Analysis from Americans for Tax Fairness shows billionaires are 57 percent richer now than they were in March 2020.
Democrats Unveil Bill to Tax Big Oil’s Profits and Send Checks to the Public
The bill comes as oil and gas companies are raking in profits and spending tens of billions on buybacks and dividends.
GOP’s Tax Plan Would Raise Taxes by Over $1,000 Annually for Poorest Americans
A new report found that GOP Sen. Rick Scott's tax plan would disproportionately tax the poor.