To donate by check, phone, or other method, see our More Ways to Give page.

×
      LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
      LATEST NEWS
      OPINION

      americans for tax fairness

      U.S. President Joe Biden delivers remarks on the February jobs report flanked by Council of Economic Advisers Chair Cecilia Rouse and National Economic Council Director Lael Brainard in the Roosevelt Room at the White House in Washington, D.C. on March 10, 2023.

      Biden Tax Boost Targeting the Rich Called 'Fair, Popular, and Long Overdue'

      "Republicans have already made clear they're on the side of the 1 Percenters and big corporations by trying to shield rich tax cheats and endangering Social Security and Medicare with deficit-busting tax cuts for the wealthy and corporations," said one expert. "The contrast couldn't be sharper."

      Jessica Corbett
      Mar 10, 2023

      While far-right Republicans continue threatening to blow up the global economy unless Congress makes cuts to popular social programs, progressive taxation experts are celebrating U.S. President Joe Biden's latest push to invest in "widespread prosperity" by raising taxes on wealthy individuals and corporations.

      As part of his fiscal year 2024 budget blueprint unveiled Thursday, Biden calls for a 25% minimum tax on the wealthiest 0.01%; reforms to ensure high-income individuals pay their fair share into the Medicare Hospital Insurance trust fund; and repealing 2017 tax cuts and restoring the top tax rate of 39.6% for people making over $400,000 a year.

      Keep ReadingShow Less
      News
      taxation
      Sens. Ron Wyden and Joe Manchin at a hearing

      Progressives Say Democrats Should Raise--Not Cut--Corporate Taxes During Lame Duck

      "Even as major, profitable corporations are price gouging the American people, they are demanding that Congress give them a new round of tax breaks before year's end that could cost up to $600 billion over ten years."

      Jake Johnson
      Nov 22, 2022

      Tax justice campaigners are urging Democratic lawmakers to resist corporate America's push for a series of major giveaways during the lame-duck session, arguing Congress should instead be raising taxes on large businesses as they continue to drive up prices for consumers while raking in record profits.

      "In 2021, corporations recorded annual profits of $2.8 trillion, up 25% from the year before. And, in 2022, they're enjoying the highest profit margin in over 70 years," the Americans for Tax Fairness Action Fund notes in a new petition. "Now, even as major, profitable corporations are price gouging the American people, they are demanding that Congress give them a new round of tax breaks before year's end that could cost up to $600 billion over ten years."

      Keep ReadingShow Less
      News
      Politics
      Peter Thiel

      'Drowning Our Democracy': US Billionaires Have Pumped Nearly $900,000,000 Into Midterms

      "Billionaires represent 0.000002% of the American population, but they're responsible for 7.4% of all political donations so far this cycle," according to Americans for Tax Fairness.

      Jessica Corbett
      Nov 03, 2022

      With under a week until the U.S. midterm elections, Americans for Tax Fairness revealed Thursday that billionaires have poured hundreds of millions of dollars into campaigns this cycle, largely to benefit Republican candidates.

      "Money talks when it comes to influencing candidates and winning elections, and the loudest voices by far are billionaires."

      Keep ReadingShow Less
      News
      Politics
      SIGN UP FOR OUR NEWSLETTER
      Quality journalism. Progressive values. Direct to your inbox.
      Follow Us
      Most Popular

      Internet Archive to Appeal 'Chilling' Federal Ruling Against Digital Books

      'Shocking and Immoral': Report Details Private Equity's Stranglehold on US Healthcare

      Trump Rally in Waco Called Not a Dog Whistle, But a 'Blaring Air Horn' to Far-Right

      Progressives Slam House Passage of GOP Book Banning Bill That Turns Children Into 'Pawns'

      'Never Seen Anything Like This': US Librarians Report Book Bans Hit Record High in 2022

      Seymour Hersh Accuses US of 'Cover Up' Over Nord Stream Sabotage

      Senate Dems Blast Medicare Advantage Giants Over 'Exorbitant' CEO Pay

      Fears of Monarch Butterfly Extinction as Numbers Plummet 22% in Annual Count

      Beware This Libertarian Oligarch's Ecological Utopia in Texas

      The Deadly Results of Economic Inequality

      SUPPORT OUR WORK.
      We are independent, non-profit, advertising-free and 100%
      reader supported.