Revenue from the U.S. estate tax has been cut in half in two years, new data from the Internal Revenue Service shows, even as dynastic wealth soars.
“Stop funding wars, and stop funding the rich, and stop funding [big] tech. Stop giving away our money to the billionaires — tax the rich and give us a dignified living. We want what we need and we want it right now."
Trump doesn't even deny his tax fraud. He justifies it.
"You can't be on the side of the wealthy and the powerful if you're going to really fight for working families."
FedEx and Nike are among those found to have avoided U.S. tax liability for three straight years.
The bottom line is that U.S. Africa policy will be most productive if U.S. policymakers are willing to learn and collaborate rather than to preach or dictate.
Thigpenn says the path forward means reversing public spending priorities that direct resources away from low-income communities — priorities that create tax structure that makes low-income communities in California scramble to fund schools.
Buried in Trump's 2017 Tax Cut Act are automatic tax increases every two years from 2021 to 2027. All taxpayers with incomes of $75,000 and under (about 65 percent of taxpayers) will face a higher tax rate in 2027 than in 2019. Elections matter.
With fortunes inflated by corporate welfare, wealthy real estate owners can afford to cancel housing-related expenses and debts for millions of struggling American families.
Two articles: The Fair Tax Amendment: Why the ‘Illinois Exodus’ Could Be a Red Herring (The Chicago Reporter), Flat tax: 'Subsidy for Wealthiest Illinoisans' (One Illinois)
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