About twice as many of the largest U.S. companies reported they didn’t owe taxes in 2018 compared with previous years, a partial result of the 2017 Trump tax law, according to a report.
The proposal, called the “Real Corporate Profits Tax,” would only apply to companies that report more than $100 million in worldwide profits, and every dollar above $100 million would be taxed at 7 percent
Humphreys County, Mississippi -- an odd place for the IRS to hunt tax cheats. A rural county in the Mississippi Delta known for catfish farms, more than a third of its mostly African American residents are below the poverty line
American wealth inequality is staggering. A wealth tax, which would home in on the money people actually have, rather than just the money we earn and spend, could be a solution.
A continued “colorblind” approach to tax and economic policies is outmoded and ineffective. Acknowledging the disparate impact tax policies have based on race is paramount to building truly equitable and sustainable tax systems.
Fox News refused to air this interview with Dutch historian Rutger Bregman after Fox News host Tucker Carlson lost his temper, calling his guest a 'tiny brain...moron' during the interview.
In my research as an economist studying corporate welfare, I have reviewed much evidence on the effectiveness of tax and other incentives. My conclusion: Incentives just don’t work.
Sanders plans to introduce an estate tax plan with rates up to 77 percent. The "For the 99.8% Act," would tax the estates of those who inherit more than $3.5 million. The proposal comes after Republican senators call for eliminating the estate tax.
The concentration of wealth in America has reached levels that make the gilt of the 19th century Gilded Age look like dross. There’s sound economic and social sense in taxing the hell out of excessive incomes and excessive wealth.
AOC’s tax proposal finds inspiration not in Karl Marx, but in mainstream American political philosophy. How we tax the rich depends on why we tax the rich, and AOC’s proposal reflects a surprisingly moderate view of economic justice.
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