“While working Americans struggle to put food on the table, Trump has found another way to cut costs for the ultra-wealthy,” said one House Democrat. “Same story, different day.”
Stock buybacks. Sales taxes. Loopholes. ... Let's count the ways that tax reforms to benefit the rich and big corporations have exacerbated inequality and drained resources from funding vital public programs.
The presumptive Democratic nominee can appeal to the working class by slapping a higher tax rate on corporations that lavish money on their chief executives but don’t adequately pay their workers.
And this is the policy Republicans and their presumptive presidential nominee are vowing to extend if they win in November.
The idea that billionaires should pay a minimum amount of income tax is not a radical idea. A global coordinated minimum tax on the superrich will not fix capitalism. But it is a necessary first step.
Tesla, Ford, Netflix, and T-Mobile are among scores of profitable U.S. firms that pay their top executives more than they pay in federal taxes.
Compensation for senior bosses at firms from Tesla to T-Mobile US worth more than those companies’ net tax payments, study finds
There is pressure on Congress from business interests to delay a corporate tax increase; Congress should not consider any business tax breaks without also expanding the Child Tax Credit.
To challenge the GOP and corporate media narrative on inflation, start with exposing the underreported causes, identifying those exploiting rising prices, describing why the conservative fix of jacking up interest rates will cause far worse pain
Despite growing profits, casino operators used predictions of “grave danger” to convince the state to slash their tax burden, denying millions to the city, its school district and the county.
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