Presidential candidates should take a pledge: The middle class should not pay one dollar more in new taxes until the super-rich pay their fair share. Already candidates are outlining ambitious [...]
By Steve Wamhoff, Institute on Taxation and Economic Policy -
A direct federal tax on wealth, as described in a January report from ITEP and proposed by Sen. Elizabeth Warren, could raise substantial revenue to make public investments, curb rising [...]
A year after a US-backed coup attempt rocked Nicaragua, a major scandal is unfolding over the alleged theft of half a million dollars in US taxpayer money by an organization at the center of the [...]
New Delhi – Since reducing inequality became an official goal of the international community, income disparities have widened. This trend, typically blamed on trade liberalization and [...]
Three men in the U.S. have more accumulated wealth than half of all Americans, 165 million people. Our corporations control more shareholder wealth than 99 percent of Americans combined. 90 [...]
The GOP Tax Cuts and Jobs Act enacted late in 2017, the nonpartisan Congressional Research Service reported late this spring, has been a smashing success — for the U.S. corporations that have [...]
The GOP Tax Cuts and Jobs Act enacted late in 2017, the nonpartisan Congressional Research Service reported late this spring, has been a smashing success — for the U.S. corporations that have [...]
The poll tax Florida Governor Ron DeSantis just signed into law may cost his state $365 million a year — indefinitely. DeSantis and the GOP-led Florida legislature recently made quick work of [...]
Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use was legalized in 2014.
Marijuana tax, license and fee revenue has reached $1.02 billion, [...]
This tax season, Amazon filed for a $129 million refund. How much did you get back? Maybe you were one of the many people who got less in refunds then they expected—or actually had to pay taxes [...]
Activists in Massachusetts were disappointed when the state’s Supreme Court struck down a ballot initiative last year to increase taxes on millionaires. But they’re already gearing up for round [...]
Comparing labor tax rates across countries is a tricky endeavor. Some countries rely mostly on income and payroll taxes charged to workers, others on payroll taxes charged to employers, and still [...]
One area where the two parties of the millionaires and billionaires put in place policies that favor the rich are tax laws. Tax policy has favored the wealthy under both parties, but the [...]
Four pharmaceutical companies — Johnson & Johnson, Pfizer, Merck and Abbott Laboratories — collectively kept $7 billion in tax savings in 2018 due to Republicans' 2017 corporate tax overhaul, [...]
Comparing labor tax rates across countries is a tricky endeavor. Some countries rely mostly on income and payroll taxes charged to workers, others on payroll taxes charged to employers, and still [...]
