How U.S. Taxpayers Fund The World’s Most Profitable Corporations

By David DeGraw, -

May 13, 2018 "Information Clearing House" -  We were trying to think of an issue that could possibly be more significant than $21 Trillion in taxpayer money disappearing from the Pentagon. While [...]

Wind Farms Boost Tax Base For Local U.S. Governments

By Hilary Russ, -

NEW YORK, May 7 (Reuters) - Wind farms have boosted local tax bases and generated new revenue as they expand across the United States, especially for rural areas, Moody’s Investors Service said [...]

Tax Luxury Housing to Fund Social Housing

By Chuck Collins, -

I’ve traveled in a lot of major US cities in the last year outside of my hometown of Boston, Mass. Most of them are experiencing gentrification as wealthy newcomers drive up the cost of housing [...]

Fox In The Hen House: Why Interest Rates Are Rising

By Ellen Brown, -

On March 31st the Federal Reserve raised its benchmark interest rate for the sixth time in 3 years and signaled its intention to raise rates twice more in 2018, aiming for a fed funds target of [...]

Supreme Court Decision On Sales Tax Potential Big Impact On Local Businesses

By Olivia Lavecchia,  -

On April 17, the U.S. Supreme Court will hear arguments in a case on sales tax collection that could — long after online commerce has transformed the retail sector in the United States — finally [...]

Tax Day 2018: A Bonanza For Corporations And The Military

By Lindsay Koshgarian, -

The IRS is projected to gather roughly $1.6 trillion in individual income taxes this year, and these taxes will make up almost half of the revenue of the federal government for 2017. By [...]

Seven Surprising Tax Facts For 2018

By Staff, -

In 2017, individuals and corporations were still paying taxes under the old system. The Trump tax plan that Congress passed in December 2017 hadn’t yet taken effect. In 2018, the rules have [...]

Where The Biggest Corporate Handouts Come From

By Eleanor Goldfield, -

As tax day looms, most of us are grumbling and griping about the joyless task of shelling out hard-earned wages to the Empire. Regardless of political perspective, the people are overwhelmingly [...]

Inside The Tax Bill’s $25 Billion Oil Company Bonanza

By Antonia Juhasz, -

Last month, during a retreat in West Virginia, congressional Republicans set out their 2018 party goals. Their primary objective is to hold onto their majorities in the House of Representatives [...]

Time To Eliminate Your Wall Street Tax?

By Rudy Avizius, -

As we get older, and hopefully wiser, we generally start to become more discerning on how we view the world and the problems we face. Many of us who seek to make the world a better place try to [...]

Flawed Assessments Caused $2 Billion Shift In Property Taxes

By Jason Grotto, -

In the first effort to measure the cost of Cook County’s error-ridden assessment system under Assessor Joseph Berrios, a new study estimates that at least $2.2 billion in property taxes was [...]

Warren Buffett’s Berkshire Hathaway Made $29 Billion Off Republican Tax Cuts

By Emily Stewart, -

Warren Buffett’s multinational conglomerate, Berkshire Hathaway, made an extra $29 billion in 2017 thanks to the Republican tax bill, the billionaire investor said in his annual letter to [...]

Big Banks Got Huge Tax Cuts, Then Hiked States’ And Cities’ Interest Rates

By Staff, -

The monster banks get monster tax cuts … then turn around and hike interest rates for states and cities. The hikes could translate into millions of dollars of extra costs for cash-strapped [...]

From Billions To Bombs & Our Gun Problem

By Eleanor Goldfield, -

We’ve heard the anti-gun and pro-gun conversation. But that’s not a complete conversation - by any stretch of the imagination. scott crow discusses the very real gun problem we have in this [...]

The Tax Scam Is Starting To Sink In

By Josh Hoxie, -

While billionaires fund a PR push for the tax law, most ordinary workers report seeing no increase in their take-home pay. It’s no fun being scammed. I distinctly remember looking for my first [...]