The administration has gutted enforcement of a corporate tax enacted as part of the Biden-era Inflation Reducation Act.
This post has been syndicated from Truthout, where it was published under this address.
Trump Continues to Slash Corporate Taxes as GOP Pushes to Cut Medicaid and SNAP Read Post »
A 2 percent wealth tax is like shaving off a fraction of a spire from a large cathedral, says economist Nancy Folbre.
This post has been syndicated from Truthout, where it was published under this address.
Wealth Taxes Will Barely Slow Inequality. So Why Do the Super-Rich Resist Them? Read Post »
If you’ve been thinking about tax resistance lately, you’re not alone. On progressive social channels, I’ve seen increasing calls for a federal tax strike in response to a federal government that doesn’t even pretend to represent all Americans, that uses base language to demonize immigrants and left-leaning citizens, and openly penalizes cities and states the […]
This post has been syndicated from Mother Jones, where it was published under this address.
Sorry Geese: If You Don’t Pay Your Taxes, Uncle Sam Might Have You Plucked Read Post »
One of the largest health care worker unions is spearheading the push to get the proposal on the November 2026 ballot.
This post has been syndicated from Truthout, where it was published under this address.
CA Organizers’ Proposal Would Tax Billionaires to Mitigate Medicaid Cut Harm Read Post »
In an exclusive story on Wednesday, the Wall Street Journal reported on the Trump administration’s plans to weaponize the IRS, much as he has weaponized the Department of Justice, against his perceived enemies. “Sweeping changes” are planned, the Journal reported, citing anonymous sources, “that would allow the agency to pursue criminal inquiries of left-leaning groups […]
This post has been syndicated from Mother Jones, where it was published under this address.
It Sure Looks Like Trump Is About to Weaponize the IRS Read Post »
If you’ve ever lived west of the Mississippi, you’ve probably mailed a tax return to the IRS service center in Ogden, Utah. Inside a sprawling campus near the city’s historic downtown, workers process millions of tax returns a year, plus nonprofit paperwork and enforcement actions. Before President Donald Trump took office in January, the IRS […]
This post has been syndicated from Mother Jones, where it was published under this address.
The tariffs will remain in effect until October, giving the Trump administration time to bring the case to SCOTUS.
This post has been syndicated from Truthout, where it was published under this address.
Appeals Court Strikes Down Trump’s Tariffs as Illegal and Unconstitutional Read Post »
Amid the rancor and rhetoric of the fight over the “big, beautiful bill,” we heard many a story about Americans likely to suffer as a result of it—families who might lose access to elder care and food stamps and homes and health insurance and other important things. Largely missing were insiders’ views of the kinds […]
This post has been syndicated from Mother Jones, where it was published under this address.
How a Rich Dad’s Obsession With the Estate Tax Nearly Tore His Family Apart Read Post »
Sunday marked six months of President Donald Trump’s return to office. To celebrate, he and top Republicans kicked the hagiography into full gear. “Today is Six Month Anniversary of my Second Term. Importantly, it’s being hailed as one of the most consequential periods of any President,” Trump claimed in a Truth Social rant. House Speaker […]
This post has been syndicated from Mother Jones, where it was published under this address.
Six Months in, Trump Has Made American Life Immeasurably Worse Read Post »
Only 9 percent of Americans have pensions today, compared to 44 percent in 1975.
This post has been syndicated from Truthout, where it was published under this address.
Sanders Introduces “Pensions for All Act” to Ensure Workers Can Retire Read Post »
The system, which would enable sharing of massive amounts of sensitive data, may be launched before the end of July.
This post has been syndicated from Truthout, where it was published under this address.
Trump Plans to Hand Taxpayer Data to Homeland Security to Speed Up Deportations Read Post »
As a lobbyist, Ken Kies secured tax giveaways for major corporations. Now, he’s helping implement the GOP budget bill.
This post has been syndicated from Truthout, where it was published under this address.
“Tax-Dodging Consultant” Is Now the US Treasury’s Top Tax Policy Official Read Post »
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