Category: Wealth Tax
‘Can’t afford’ Build Back Better? US billionaires saw $1 trillion wealth boom in 2021 alone
A new analysis shows that Sen. Ron Wyden’s proposed tax on billionaires “would be more than enough to cover the expansion of the child tax credit in the Build Back Better Act.” by Jake Johnson, Common…
Sinema targeted over tax break for rich
“It’s time for her to decide who she works for: Arizonans, or private equity billionaires.” by Jake Johnson, Common Dreams Tuesday, December 7, 2021 A group of wealthy investors and business leaders who support progressive…
As ‘unhinged’ Sinema blocks corporate rate hike, demand grows for billionaire tax
“It seems truly unhinged to look at a country full of working people struggling to get by… and decide that it’s more important to preserve low tax rates for billionaires and corporations than it is to…
How Biden’s paid leave proposal would benefit workers, their families and their employers too
by Joya Misra, University of Massachusetts Amherst Friday, April 30, 2021 Making ends meet when you have a newborn is easier with paid family leave. John Moore/Getty Images. The Biden administration is proposing a…
‘How about a counter-argument based on fact?’: Warren tells CNBC host over two-cent Wealth Tax criticism
“The wealthiest in this country are paying less in taxes than everyone else,” said the Democratic senator. “If they added a two-cent wealth tax, they’d still be paying less than most of the people in this…