All Articles on Taxation

Local news outlets cover stories and offer community-level information—potentially lifesaving during a global pandemic—that national outlets will never provide. (Photo: iStock / Getty Images Plus) Views
The Answer to the Media Industry's Woes? Publicly Owned Newspapers.
Newspapers must be for the people. It’s worth investing our tax dollars in them.
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Senate Majority Leader Mitch McConnell (R-Ky.) speaks as House Minority Leader Kevin McCarthy (R-Calif.) and President Donald Trump listen during a signing ceremony in the Oval Office of the White House on March 27, 2020 in Washington, D.C. (Photo: Erin Schaff-Pool/Getty Images) Views
The Right Vision for Remaking Our Economy Does Not Include Tax Cuts for the Rich
People are getting sick and losing jobs in every corner of this country . So the same-old trickle-down, tax-cut agenda that drowns government in a bathtub won’t get us out of this .
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Ambulance workers clean a gurney at Mount Sinai Hospital amid the coronavirus pandemic on April 1, 2020 in New York City. (Photo: Spencer Platt/Getty Images) Views
Two Pandemics, Separate and Unequal
Why policy solutions must address underlying causes of vastly different health and economic outcomes
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News
Trump Says He Won't Approve Covid-19 Package Without Tax Cut That Offers Zero Relief for 30 Million Newly Unemployed
"'Payroll tax cut' is code for 'gut Social Security and Medicare's dedicated funding, then demand benefit cuts.' Democrats must stand strong and continue blocking Trump's terrible idea."
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"Pharmaceutical companies view Covid-19 as a once-in-a-lifetime business opportunity." (Photo: Creative Commons) Views
No, We're Not All in This Together. How the Super-Rich Are Cheating America.
Unlike the farsighted and people-oriented decision-makers in other countries, America's unregulated capitalist leaders have failed us, both in the past and in our current crisis.
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In early April this year, as 22 million Americans lost their jobs and the U.S. employment rate approached 15 percent, the combined wealth of America’s billionaires had increased from March 18 by $282 billion — nearly a 10 percent increase. That’s among the findings in a new report published today by the Institute for Policy Studies, "Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers." (Image: Insitute for Policy Studies) Views
U.S. Billionaire Wealth Surges as Covid-19 Pandemic Worsens
As percentage of wealth, billionaire taxes have fallen 79% since 1980
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Matt Hart, beverage director at Harvard Gardens, helps to distribute bagged lunches to Massachusetts General Hospital employees in Boston on April 1, 2020. The restaurant has offered help by providing free lunches for medical professionals. (Photo: Erin Clark/The Boston Globe/Getty Images) Views
History, Economic Justice, and COVID-19
After an era of right-wing ascendance—and staring at the carnage of this ongoing pandemic—we must make sure the pendulum swings swiftly toward a more equitable future and a better society for all .
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Central to the program should be a tax that limits the further accumulation—that is, hoarding—of wealth by the billionaire class. (Photo: Mario Tama/Getty Images) Views
Taxes Paid By Billionaires Decreased 79 Percent Since 1980, as Percentage of Their Wealth
As we emerge from this pandemic, substantial tax increases are inevitable. Central to the program should be a tax that limits the hoarding of wealth by the billionaire class.
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House Speaker Nancy Pelosi (D-Calif.) speaks during a news conference with Senate Minority Leader Chuck Schumer (D-N.Y.) at the U.S. Capitol January 25, 2019 in Washington, D.C. (Photo: Zach Gibson/Getty Images) Views
Returning to the Economic Status Quo After COVID-19 Crisis Should Not Be an Option
A growing contingent of grassroots advocates are raising their voices , demanding change, and telling our elected officials that the challenges working families face are deeply ingrained and must be addressed .
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 It took only a few days for Congress to unanimously pass the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which will be doling out $2.2 trillion in crisis relief, most of it going to Corporate America with few strings attached.  (Photo: Public domain) Views
Was the Fed Just Nationalized?
Did Congress just nationalize the Fed? No. But the door to that result has been cracked open.
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