Truthout
Taxes
Report: Trump’s Policies Would Raise Taxes — Except for the Top 5 Percent
The average middle class worker would see a $1,500 increase on their taxes if Trump's economic policies become reality.
Congressional Dems Call Out Companies That Pay Execs More Than They Pay in Taxes
Among the 35 companies named and shamed were giants like Netflix, Ford and Tesla.
Study Finds Wealth Tax, Oil Subsidy Phaseout Could Generate $5T for Climate
The new report was released as world leaders gathered in New York City for UN General Assembly talks.
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
“The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years,” Sen. Ron Wyden said during a hearing.
US Leads World in Subsidies for Ineffective Tech Fixes for Climate Crisis
Over the last 40 years, the US has spent $12 billion in taxpayer money for carbon capture technology.
Project 2025 Proposal Would Tax Benefits for More Than 15 Million Workers
A new analysis finds that the policy would particularly cut into employer-sponsored health insurance.
Report: US Allows Tax Incentives for Donations to Israeli Groups Blocking Aid
Three groups, including one sanctioned by the U.S., have raised $200k in tax deductible donations.
Arizona’s “Model” School Voucher Program Is Causing Massive Budget Meltdown
The state is facing a $1.4 billion budget shortfall, much of it due to a tax-funded private school voucher program.
IRS Has Collected Over $1B From Wealthy Tax Cheats, Thanks to New Funding
Republicans have clawed back part of the funding allowing the agency to chase after millionaires for unpaid taxes.
Trump’s Empty Promise to Tipped Workers Won’t Provide a Living Wage
Labor advocates say Democrats should campaign on ending subminimum wages for tipped workers altogether.