Truthout
Taxes
Trump Tax Cuts May Have Contributed to Decline in Donations to Higher Ed
Individual donations declined by about 4 percent two years after the Tax Cuts and Jobs Act was signed into law.
These Companies Pay Their Executives More Than They Pay in Taxes
Tesla, Ford, Netflix and T-Mobile are among scores of U.S. firms that pay their top execs more than they pay the IRS.
President Biden’s Budget Proposes a National Paid Family Leave Program
Proposing new social services and higher taxes on the wealthy, the plan also includes $1 trillion in military spending.
IRS Pursues 125,000 Non-Filing Cases in Crackdown on Wealthy Tax Evaders
The IRS chief said there was a “tax gap” of over $150 billion each year that the wealthy owe but do not pay.
New Survey of Early Childhood Educators Finds a Sector in Crisis
Child care bill languishing in Congress would cost a fraction of the $150 billion a year the US loses from tax dodgers.
IRS Estimates $561B Tax Revenue Rise With Crackdown on Corporations and the Rich
Republicans have waged a multiyear effort to claw back the funding that allows the IRS to increase scrutiny on the rich.
Tlaib: Meta’s Taxes Would Drop From 25 Percent to -2 Percent Under New Tax Bill
Congressional leaders are working on a bipartisan tax bill that would hand tax cuts to corporations and the rich.
Sanders Unveils Bill to Tax Corporations Paying CEOs 50 Times More Than Workers
In 2022, the top 350 U.S. firms had an average CEO to worker pay ratio of 345 to 1.
Bipartisan Tax Bill Offers Generous Corporate Tax Relief, Inadequate Poverty Aid
A proposed bill increases the child tax credit, but fails the poorest families. Yet corporations would see a windfall.
Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth
Meanwhile, 260 millionaires and billionaires signed a letter imploring leaders to raise taxes on rich people like them.