Stewart Acuff of Jefferson County, West Virginia and Rev. Dr. William Barber of the Poor People's Campaign hold a news conference in Washington, D.C. on December 14, 2021. (Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images)
Posted in Analysis 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…

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Sen. Kyrsten Sinema (D-Ariz.) speaks to reporters as they arrive at the U.S. Capitol on June 24, 2021. (Photo: Alex Wong/Getty Images)
Posted in News Restart 2021 Wealth Tax

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…

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Posted in Corporate Taxes Restart 2021 Wealth Tax

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…

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Posted in Analysis Wealth Tax Workers

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…

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Posted in News Restart 2021 Taxes Wealth Tax

‘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…

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