Truthout
Taxes
Elon Musk Opposes Billionaire Tax While Making a Record $36 Billion in One Day
Musk’s net worth of over $288 billion is over 1 percent of the U.S. GDP of $22.7 trillion.
Warren Introduces Bill to Levy 15 Percent Minimum Tax on Corporate Profits
The tax would be levied on profits that corporations report to shareholders with the aim of capturing a truer tax rate.
Democrats Eye Billionaire Tax With Potential Backing From “Centrists”
The tax would be levied only on the investment incomes of the wealthiest 0.0002 percent of Americans.
5 Charts Show How Tax Reform Can Tackle Bad Corporate Behavior
Taxes proposed in the Build Back Better Act could restrict offshoring, excessive CEO pay and wasteful stock buybacks.
Leaked Email Shows Verizon Pushing Employees to Oppose Corporate Tax Hike
The company sent an email to employees with a link to a tax-opposing form letter to send their elected representatives.
Elizabeth Warren Probes “Corrupt” Link Between Tax System and Private Sector
A recent report found that top accounting firms send employees to the federal government to rewrite tax code.
Bombshell Leak of Tax Haven Info Exposes US as “Peddler of Financial Secrecy”
The leak of an enormous trove of tax haven files offers a further glimpse into the secretive world of offshore finance.
Former Sinema Aide Now Fights Tax Hikes as JPMorgan Chase Lobbyist
The bank is a top critic of Biden's proposed corporate tax hike and has donated $47,500 to Sinema's campaign and PACs.
A Desperate Trump Is Suing His Niece & New York Times for Reporting on His Taxes
A spokesperson for The New York Times called the lawsuit “an attempt to silence independent news organizations.”
Warren Says Reconciliation Bill Should Include Wealth Tax
For progressives, the reconciliation bill is an opportunity to make the rich pay their fair share in taxes.