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If taxpayers are subsidizing high-flying write-offs, shouldn’t we be able to buy a private jet too? If you’re spending more ...
House Ethics Committee found Alexandria Ocasio-Cortez failed to pay full market value for items at the 2021 MET Gala, where ...
Progressives reflexively denounce tax cuts and spending cuts as "giveaways to the wealthy" or "stealing from the poor." ...
The Rich Have Many Legal Means To Avoid Paying Taxes It's taken for granted that the rich have ways of wiggling out of their tax bill. They have plenty of ways, and there's nothing illegal about it.
As children of the 1930s, a few of us still recall the era of President Franklin Delano Roosevelt (1933-1945), who mobilized the Greatest Generation of Americans, through the Great Depression and ...
Punchbowl’s reporting suggests Republicans refuse to consider tax hikes on the rich because they’re eager to attack it in campaign ads. But that motive doesn’t really track, either.
To have a personal memory of that tax-the-rich era, you now have to be well into your seventies. Back at the tail-end of that era, in the early 1960s, America’s richest faced a 91 percent tax ...
Progressives are pushing for a wealth tax targeted at the ultra rich like Jeff Bezos and Elon Musk. However, as it turns out, taxing the richest people in the world is easier said than done.
And if we tax the 300 people with $500 million in wealth at a rate of 1%, we’d have more than $2.6 billion to spend on education, housing, child care, treatment and recovery centers, or anything ...
Supporters of taxes on the very rich contend that people are emerging from the COVID-19 pandemic with a bigger appetite for what they’re calling “tax justice.” Bills announced Thursday in ...