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Taxes
Executives Cut Their Own Salaries to Save Even More on Taxes Under Trump Law
Some business owners used a loophole in the Trump tax cut to reclassify their wages as profit, reducing their tax bill.
Wealth Tax and IRS Funding Could Pay for Entire $3.5T Bill, Warren Writes
The senator writes that her tax plans could pay for the reconciliation and infrastructure plans with money to spare.
New Warren Bill Proposes Taxing Real Company Profits, Not What’s Reported to IRS
The Real Corporate Profits Tax Act would create a 7 percent tax on income over $100 million reported to shareholders.
Republicans Balk at Infrastructure Adding to Deficit After Opposing Pay-Fors
Republicans have rejected proposals to tax corporations and the rich and a proposal to enforce tax law on the rich.
In Nod to Tax-Dodging Donors, Republicans Nix IRS Funding for Tax Enforcement
Republicans have dropped a proposal to increase funding for the IRS from the bipartisan infrastructure bill.
5 Republicans Who Worked on Bipartisan Infrastructure Now Won’t Commit to It
Several GOP senators now say they’re wary of the bipartisan infrastructure proposal, leaving it in limbo.
Billionaire Tax Cheat Travels to Not-Space for a Few Minutes
This corporate billionaire space race? You can keep it.
Right-Wing Groups Mobilize Against Effort to Counter Tax Dodging by the Rich
“So you're telling me they're against catching tax cheaters?” asked Rep. Ro Khanna.
25 Richest Americans Pay Few Taxes — Partly Thanks to the “Family Fund” Loophole
Billionaires’ “family investment offices” help them to dodge taxes and snarl efforts to make their finances transparent.
CEO Pay Has Risen to Unprecedented Levels During the Pandemic, Report Finds
A majority of the companies surveyed widened their CEO-to-median-worker pay ratio last year as CEO pay skyrocketed.