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An Unequal Tax Trade

David Dayen The American Prospect
The business tax credits in the Wyden-Smith deal are five times as generous as the Child Tax Credit expansion, according to government scorekeepers.

Friday Nite Videos | June 30, 2023

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The Democrats Have Moves To Flip the House. Grandmaster Flash 50 Years of Hip Hop - Full Performance. When Flight Attendants Fought the Airline Industry and Won. Every Body | Movie. How America’s Richest Donate Their Money

Tidbits – June 8, 2023 – Reader Comments: Why I Voted No on the McCarthy Agreement; Supreme Court Rulings; Henry Kissinger; Ukraine War; UPS Strike?; Karl Marx Critics; Wealthiest Billionaire in Each State; Bill Fletcher’s New Novel; Cartoons;

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Reader Comments: Why I voted no on the McCarthy agreement; Supreme Court rulings; Henry Kissinger; Ukraine War; UPS Ready To Strike; Karl Marx’s Critics; Wealthiest Billionaire in Each State; Bill Fletcher's New Novel; Cartoons; more....

The Wealthy Save Billions in Taxes by Skirting Old Law

Paul Kiel and Jeff Ernsthausen ProPublica
Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
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