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Louisiana’s Tough-On-Crime Policies Will Cost Taxpayers Millions More

The day after a shooting last month killed a teenager and injured five people at the Mall of Louisiana, Gov. Jeff Landry blasted what he referred to as “hug-a-thug” policies — reforms put in place prior to his tenure when the state was trying to shed its reputation as the nation’s incarceration capital. He also demanded harsher penalties for violent minors. “I’m done with them. It doesn’t matter how old they are,” Landry, a Republican, said during a news conference in Baton Rouge. “We’ve got 18,000 acres at Angola — if it was up to me, I would send them all there for the rest of their lives.”’

The Average Taxpayer Shelled Out Over $4,000 For War And Weapons Last Year

Well it’s tax season again. Do you know where your tax dollars actually go? As federal budgeting experts, we get asked about this a lot—often, it’s something people simply have no idea about. But if you’ve watched the Trump administration launch one war after another, flood the streets of American cities with Immigration and Custom Enforcement agents, and call the very idea of an affordability crisis a “hoax” by their political opponents, you might be getting the general idea. Around half of Americans are struggling to afford basic necessities.

We Asked Tax Experts Everything About Mutual Aid

For years, Bean, a former resident of the Twin Cities currently living in Central Minnesota, has helped her neighbors raise money for rent and other needs. So earlier this year, when she became aware of Stand with Minnesota’s Adopt a Rent program, she knew she wanted to help. “That turned into, very literally, a full-time gig,” Bean says. Because she lives on disability and isn’t based in the Twin Cities, where most of the ICE chaos was centralized, she had the time to throw herself into fundraising rent for Minnesota families. “By the last week of February, I was like, ‘Alright, this is what I do now,’” she says.

Mali Recovers Over USD 1.2 Billion After Renegotiating Mining Deals

Mali’s government announced earlier this month that it has secured more than 761 billion CFA francs (about USD 1.2 billion) in unpaid revenue from mining companies following a comprehensive audit and renegotiation of contracts in the extractive sector, making it one of the most significant resource governance interventions in the country’s recent history. Mali is one of the world’s top 20 gold producers and Africa’s third largest gold producer and it relies heavily on mining as a pillar of its economy. Yet, in light of the disparity in the amount of minerals exported and revenue that Mali was obtaining for them, authorities concluded that the country was not receiving its fair share of benefits from its natural resources.

Half Of The World’s Population Owns Just 2% Of Global Wealth

Neoliberal free-market economic policies are creating an unprecedented concentration of wealth and power in the hands of a few, leaving the majority of the world population with little or no means to make a decent life and almost no power over their destiny, claims the 2026 World Inequality Report published earlier this month. The report claims, “inequality today is not confined to income or wealth; it affects every domain of economic and social life” resulting in the world facing unequal access to basic material resources, gender disparities, territorial divides and climate change, among others.

Michigan Coalition Puts Billionaires On Notice

Lansing, Michigan - Corporate-backed lawyers descended on the state capital in late June in a frantic attempt to derail a popular ballot initiative that would tax the wealthiest Michiganders to fund the state’s starving public schools. The Invest in MI Kids campaign (with the MI pronounced like “my”), an evolution of the “Babies over Billionaires” movement, arrived at a Board of State Canvassers meeting to get its 100-word petition summary approved. The measure would levy a 5% tax on annual income over $500,000 for individuals and $1,000,000 for couples, directing the revenue exclusively to the State School Aid Fund.

Another Crazy Idea On How To Steal Russia’s Assets

The war hawks have long tried to steal Russian assets held in West to then use the money to finance the proxy war against Russia. The sums involved are serious: Nearly three years after the start of Russia’s invasion of Ukraine, Belgium holds €258 billion in frozen or immobilised Russian assets. The General Administration of Treasury at the Ministry of Finance confirmed the figures on Wednesday to La Libre and De Tijd. Some of these assets belong to institutions not sanctioned by the European Union. Frozen assets amount to €65 billion, with an additional €193 billion in immobilised transactions, primarily from the Central Bank of Russia. The money is not really held by Belgium but by the Belgium company Euroclear which acts as depository for  international central bank assets denominated in Euros. Currently the EU is confiscating the interest, not the principal, of that money to distribute it to Ukraine. That step is likely already illegal and Russia will certainly use the courts to get it back.

How To Reach Persuadable Audiences On Taxes

Polling has shown over and over that Americans support higher taxes on the wealthy. But when they actually get to the ballot box, they simply aren’t voting in ways that would make that happen. As advocates for an economy that would lift all people up and end extreme wealth concentration, this disconnect can feel incredibly frustrating. We at the Excessive Wealth Disorder Institute and Wonder for Good did some deep listening to better understand the disconnect between audiences’ support for change in the abstract and how they actually vote. Through in-depth, qualitative audience research and message testing, we identified strategies that consistently worked — and some that didn’t — in creating positive mindsets and support for reforming the tax code. Some of our findings may be surprising to advocates accustomed to messaging to base audiences.

A Textbook Case Of How Tax Policy Fuels Obscene Wealth Accumulation

The recent wedding of Jeff Bezos and Lauren Sánchez in Venice set off quite the furor over tax avoidance. An enormous banner in the Piazza San Marco put the matter plainly: “If you can rent Venice for your wedding, you can pay more tax.” That banner prompted a commentary from Phoebe Liu at Forbes on how much tax Bezos does indeed pay. For the year 2024, according to a Forbes estimate, Bezos paid about $2.7 billion in tax on the gain from his sale of $13.6 billion worth of Amazon stock. That stock — the heart of the Bezos fortune since he started Amazon in 1994 — originally cost him no more than $13,600.

Spain And Brazil Launch Initiative To Push Global Tax On The Ultra-Rich

On Tuesday, Spain and Brazil will launch a joint initiative to promote a global tax increase on the superrich, aiming to achieve a fairer redistribution of wealth. The initiative, to be presented at the fourth U.N. International Conference on Financing for Development in Seville, seeks to encourage a multilateral debate on the effective taxation of large fortunes and how it impacts social cohesion. The project aims to tackle the issue of extreme inequality and move toward a fairer redistribution of wealth “through a progressive and just tax system in which those who have more, pay more,” Spain’s Finance Ministry said.

Washington’s ‘Golden Dome’ – Multi-Trillion Tax Dollar Heist At Best

During President Trump’s announcement on May 21, 2025, it was claimed the Golden Dome will consist of technology deployed across land, sea, and space capable of intercepting hypersonic, ballistic, and advanced cruise missiles, “even if they are launched from other sides of the world and even if they are launched from space.” Former-US President Ronald Reagan’s “Star Wars” program (also known as the Strategic Defense Initiative) was repeatedly cited during the announcement. That program sought to use space-based weapons to void the doctrine of “mutually assured destruction” allowing the US to conduct a nuclear or non-nuclear first strike on another nation and avoid what had otherwise been an inevitable nuclear retaliation that would destroy both nations in the process.

Committee Passes Charity Killer Provision In Tax Bill

This morning, the House Ways and Means Committee passed their tax bill granting the Secretary of Treasury the ability to accuse any nonprofit of being a “terrorist supporting organization” without basic due process. Defending Rights & Dissent joined over 200 organizations on the following statement condemning the provision: “Charities that feed the hungry, churches and faith communities that comfort the grieving, veterans’ groups that care for our heroes, and countless other service providing organizations are at risk today because of this legislation. “Nonprofits are on the front lines of meeting every community need. Instead of supporting those who serve our neighbors, this bill would hand any president’s administration the power to cast them as potential enemies of the state if they happen to disagree with their political agenda.

Louisiana Gas Tax Break Could Cost Local Communities $2.8 Billion

When Australia’s Woodside Energy Group announced April 29 that it plans to move forward with its Louisiana LNG export terminal, the state hailed the move as the “largest single foreign direct investment and greenfield project in Louisiana history.” It could also create perhaps the largest single local tax giveaway in U.S. history, under a Louisiana law offering corporations property tax breaks worth billions of dollars, a new Sierra Club study shared with DeSmog finds — representing a massive subsidy from Louisiana communities for exporting fossil fuels from the U.S. to Europe and Asia.

Return Of The Robber Barons: Trump’s Distorted View Of US Tariff History

Donald Trump’s tariff policy has thrown markets into turmoil among his allies and enemies alike. This anarchy reflects the fact that his major aim was not really tariff policy, but simply to cut income taxes on the wealthy, by replacing them with tariffs as the main source of government revenue. Extracting economic concessions from other countries is part of his justification for this tax shift as offering a nationalistic benefit for the United States. His cover story, and perhaps even his belief, is that tariffs by themselves can revive American industry. But he has no plans to deal with the problems that caused America’s deindustrialization in the first place.

Fake ‘Populism’: Trump’s Billionaire Administration Serves The Rich

When Donald Trump campaigned to be US president in 2024, he promised he would help working-class Americans. He even did a photo op at a McDonald’s, pretending to be a fast food worker. When he returned to the White House, however, Trump made it clear that his policies would be serving a small handful of billionaire oligarchs, not the majority of the country. Trump appointed 13 billionaires as top officials in his administration. As Public Citizen reported, this means that the Trump administration represents not just the 1% richest Americans, but the 0.0001%.
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