News | Economy & Labor “Greatest Wealth Transfer in History” Is Poised to Further Entrench Inequality A recent New York Times analysis demonstrates that "we are not taxing the very wealthy enough,” said one professor. By Jake Johnson , CommonDreams May 15, 2023 Truthout
News | Environment & Health A Series of Climate Catastrophes Have Exacerbated the Debt Ceiling Crisis A barrage of climate-fueled disasters has slowed down federal tax collection just when it's needed most. By Jake Bittle , Grist May 13, 2023 Truthout
News | Reproductive Rights Georgia Anti-Abortion Law Adds “Unborn Dependents” to Tax Code Tax exemption for “fetal personhood” worries reproductive rights activists, who say the law invites unknown risks. By Pria Mahadevan , Prism May 9, 2023 Truthout
Op-Ed | Economy & Labor The Debt Ceiling Debate Is a Manufactured Crisis. Tax the Wealthy What They Owe. The budget-balancing problem in the U.S. stems from military spending and tax cuts for the rich. By Sasha Abramsky , Truthout May 3, 2023 Truthout
News | Economy & Labor Critics Say House GOP’s Debt Ceiling Legislation Would Benefit Rich Tax Dodgers The Republican bill, which also targets key aid programs and climate investments, faces long odds in Congress. By Jake Johnson , CommonDreams April 20, 2023 Truthout
News | War & Peace Lockheed Martin Got $106 From the Average Taxpayer, While Renewables Got Just $6 Tax Day analysis also shows defense contractors received four times as much money as primary and secondary education. By Brett Wilkins , CommonDreams April 17, 2023 Truthout
News | Economy & Labor IRS Vows to Renew Pursuit of Wealthy Tax Dodgers With $80 billion in new funding, the agency aims to ramp up audits of wealthy individuals and large corporations. By Jeff Ernsthausen , ProPublica April 7, 2023 Truthout
News | Economy & Labor Luxury Yachts and Private Planes Are Huge Tax Breaks for the Ultrawealthy The fact that billionaires’ luxury rides come with millions in tax savings says a lot about how the system really works. By Paul Kiel , Propublica April 6, 2023 Truthout
News | Economy & Labor Republicans File to Repeal a Tax That Only Affects the Richest 0.1 Percent Republicans are seeking to close the loop on tax avoidance for the ultra-wealthy. By Sharon Zhang , Truthout April 5, 2023 Truthout
News | Economy & Labor Credit Suisse Helped Ultra Rich Americans Hide Over $700 Million From IRS Sen. Ron Wyden said GOP budget cuts decimated the IRS's ability to “root out this kind of offshore tax evasion scheme.” By Jake Johnson , CommonDreams March 29, 2023 Truthout