Tax laws allow owners to claim that their teams lose value, lowering their tax bills. The government misses out on billions in revenue.
If the hyperbolic claims are to be believed, American workers are luxuriating in the largesse of taxpayer-funded payments, thumbing their noses at the benevolent and generous employers who are struggling to fill job vacancies.
Rich Americans pay only about 2 percent on inherited fortunes, “less than one-seventh the average tax rate on income from work and savings.”
Reader Comments: Manchin and the Filibuster; Secret IRS Files; Police Reform; Palestinian Workers; Gender Diversity; Evangelicals and MAGA; Whiteness of Wealth; Art of the Spanish Civil War; Books on Sale; Announcements; and more...
The White House is proposing substantial increases in personal income tax rates for those earning about a half-million dollars and higher tax rates on large corporations. Republicans are aghast.
On Tax Day, there’s more than one elephant in the room, and they’re all in mansions.
Defining imperialism today - what’s changed, and what hasn’t?
Congress should immediately pass the Wall Street Tax Act,(A Financial Transaction Tax - FTT), which would tax the sort of high-speed trading that has turned the financial sector into a casino at the expense of our communities.
Reader Comments: He's Gone, Trump is GOP Past, Present and Future; 'Tax the Rich' to Raise State Revenue; DC Statehood; Trump as Citizen Kane; Rosenberg Children; Woody Guthrie's 'This Land Is Your Land'; Student Activist Scholarship Applications;
All the Ways Georgia Is Suppressing the Vote. The 2020 Song - A Year in Review | We Didn't Start the Fire Parody. Bernie Sanders Slams Mitch McConnell on $2,000 Stimulus Checks. What $1.7 Trillion in Student Debt Looks Like. Do You Love Me?
Spread the word