Truthout
Taxes
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.
Come Tax Day, Billionaires Who’d Rather Not Pay Can Usually Find a Way Not to
Tax season looks very different for those who make their money via wealth instead of wages.
Warren & Chu Call Out IRS Auditors for Targeting Households Making $25K or Less
Households with incomes below $25,000 are five times more likely to be audited than everyone else.
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.