Truthout
Taxes
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.
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.