The Lightfoot administration intercepted at least $27 million in 2020 from residents’ state tax refunds to collect on debt, disproportionately hitting lower income neighborhoods and communities of color.
The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
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)
The upward redistribution of income has cost Americans workers $50 trillion over the past several decades. On average, extreme inequality is costing the median income full-time worker about $42,000 a year.
New York Democratic legislators are trying to tax stock trades and capital gains. Wall Street is horrified by such a development — but luckily, their millions in campaign contributions have helped create a solid friend in Andrew Cuomo.
The Proposition 15 ballot measure aims to hike commercial tax rates and potentially raise billions to support funding for schools and other public infrastructure.
'Cheating is a way of life'
Why do we fail in protecting our own people’s health and well-being while we squander more than a trillion dollars each year – with the assent of both Republicans and Democrats – on maintaining a failed and futile military empire across the world?
Some problems can only be solved when public officials have the resources to act. Today’s public health crisis is that kind of problem. The current disaster threatens our health and our economy.
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