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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    corporate profits

    They Need More Tax Giveaways Why? Profits of Fortune 100 Companies Surged by $100 Billion Last Year

    They Need More Tax Giveaways Why? Profits of Fortune 100 Companies Surged by $100 Billion Last Year

    "All these goodies were paid for in part by denying families healthcare," said the executive director of Americans for Tax Fairness. "The tradeoff couldn't be more clear or more cruel."

    Brad Reed
    Aug 06, 2025

    A report released on Monday by Americans for Tax Fairness found that the profits of America's biggest corporations surged by $100 billion last year and were roughly twice the total profits these companies reported in 2017.

    The Americans for Tax Fairness (ATF) report, which was based on data collected by Fortune, found that the 100 biggest companies in the U.S. recorded collective after-tax profits of $1.2 trillion during a time when American voters have consistently told pollsters they are having trouble paying for groceries.

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    News
    corporate profits
    Natural Gas is Burned During Oil Production in North Dakota's Bakken Shale

    Trump’s Budget Plan Would Make America Sicker, Hungrier, Poorer, Dirtier, and Hotter

    His spending vision depicts a country where basic government functions—like keeping water safe and providing safety nets—are destroyed and corporate polluters can do what they please in the name of profits.

    Mia Difelice
    Mitch Jones
    Jul 22, 2025

    U.S. President Donald Trump is using every tool at his disposal to carry out his destructive agenda. From the passage of his Big, Ugly bill in Congress to his avalanche of executive orders, he’s breaking down basic government functions to clear the way for billionaire benefits and corporate profits. His latest tactic? A spending plan that would dismantle federal programs that keep us safe from pollution, support farmers and families, respond to disasters, and more.

    At the end of May, Trump released a proposal for agency spending to guide congressional committees as they craft the next annual spending bill. Not to be confused with the recently passed Big, Ugly Bill, the upcoming spending legislation will fund the basic workings of the federal government for the fiscal year ahead (in this case, October 2025 to September 2026).

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    Opinion
    donald trump
    House Republicans Unveil Budget Bill With Tax And Program Cuts

    3 Ways Rising Inequality Has Weakened US Democracy

    The class-based inequalities exacerbated by the Trump bill are not new. Rather, they are part of a 50-year trend linked to social cleavages, political corruption, and a declining belief in the common good.

    Nathan Meyers
    Jul 14, 2025

    America has never been richer. But the gains are so lopsided that the top 10% controls 69% of all wealth in the country, while the bottom half controls just 3%. Meanwhile, surging corporate profits have mostly benefited investors, not the broader public.

    This divide is expected to widen after President Donald Trump’s sweeping new spending bill drastically cuts Medicaid and food aid, programs that stabilize the economy and subsidize low-wage employers.

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    Opinion
    donald trump

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