News | Politics & Elections Warren, Sanders Urge Biden Officials to Crack Down on Crypto Tax Evaders Congress mandated new tax rules for crypto traders nearly two years ago, but officials have yet to implement them. By Sharon Zhang , Truthout August 2, 2023 Truthout
News | Politics & Elections Senator Files Bill Barring Fox From Getting $200M Tax Break From Lawsuit Payment An arcane tax provision lets the company save up to $213 million in taxes due to its $787 million defamation settlement. By Sharon Zhang , Truthout July 27, 2023 Truthout
News | Politics & Elections Progressives Unveil Bill to Tax Billionaire Wealth Up to 8 Percent The bill would create four tax brackets to tax those with “runaway wealth.” By Sharon Zhang , Truthout July 26, 2023 Truthout
News | Politics & Elections Warren, Sanders Report Reveals Tax Prep Firms Are Sending Taxpayer Data to Meta The data of millions of taxpayers has been shared with “stunning disregard for taxpayer privacy,” the report found. By Sharon Zhang , Truthout July 12, 2023 Truthout
News | Economy & Labor OECD Secretly Lobbied Against Law Requiring Corporations to Disclose Tax Records The club of wealthy nations strong-armed Australia's government into gutting a bill targeting corporate tax evasion. By Kenny Stancil , CommonDreams July 9, 2023 Truthout
News | Economy & Labor World’s Richest Added Average of $14M Per Day to Their Wealth Over Past 6 Months The 500 richest people on the planet collectively added $852 billion to their fortunes in the first half of 2023. By Jake Johnson , CommonDreams July 6, 2023 Truthout
News | Education & Youth Sanders Introduces Bill to Make Community College Free by Taxing Wall Street The College for All Act would be paid for by a tax on Wall Street transactions. By Sharon Zhang , Truthout June 14, 2023 Truthout
News | Economy & Labor Top 1 Percent Would Get $28B in Tax Cuts Under New Republican Plan The average member of the 1 percent would save $16,550 under the plan. A person in the bottom 20 percent would save $40. By Sharon Zhang , Truthout June 13, 2023 Truthout
News | Politics & Elections IRS Cuts in Debt Ceiling Deal Will Cost Over $40 Billion in Lost Revenue Sheldon Whitehouse, chair of the Senate Budget Committee, pointed out that the cuts will add $19 billion to the deficit. By Jake Johnson , CommonDreams June 2, 2023 Truthout
News | Economy & Labor GOP Tax Cut Plan Would Add $3.5T to Deficit, Congressional Budget Office Finds If the GOP got its way, trillions would be transferred from the public straight into the pockets of the rich. By Sharon Zhang , Truthout May 18, 2023 Truthout