Truthout
Taxes
Activists Say Wealthy Universities’ Property Tax Exemptions Hurt Public Schools
The University of Pennsylvania is exempt from property taxes, which Philly's public school system relies on.
Dems Demand Increase in IRS Funding to Pursue Rich Tax Shirkers — Like Trump
An upcoming appropriations bill will ensure that the wealthy are no longer able to shirk their responsibilities.
Under Biden, We’ll Still Need to Protect Social Security
While Biden’s Social Security proposals are encouraging, his potential centrist cabinet picks are cause for concern.
Nearly 1,000 Homeless People Died in LA in 2020 as 93,000 Homes Sit Vacant
Vacant homes and mass homelessness show that the market is the problem, not the solution, to the housing crisis.
New Sanders Bill Would Tax “Obscene” Pandemic Windfall of Billionaires
The tax would help fund the U.S. recovery from the pandemic and resulting economic collapse.
Sanders: “Richest 1 Percent Is Responsible for 70 Percent of All Unpaid Taxes”
An estimated $381 billion per year revenue shortfall follows a sharp decline in enforcement against tax evasion.
Trump Against Additional COVID-19 Relief, Backs Cuts to Social Security Instead
Trump has expressed interest in slashing payroll taxes, which fund Social Security and Medicare.
Billionaires Have Paid 79 Percent Fewer Taxes Since 1980
As we emerge from this pandemic, any recovery program should include a tax that limits the hoarding of wealth.
Millions of Americans Might Not Get Stimulus Checks
Meanwhile, some might be tricked into paying TurboTax to receive their checks.
Mick Mulvaney Says GOP Won’t Act on Climate Because They Don’t Want Higher Taxes
The acting White House chief of staff's remarks were met with laughter during a speech at the Oxford Union on Wednesday.