Tag: Corporate Taxes
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…
‘Carrying water for big corporations’: Sinema faces backlash for opposing tax hikes
“Make no mistake, if she sides with her wealthy donors and kills popular investments to jump-start the economy, everyday families—including across Arizona—will pay the price.” by Jake Johnson, Common Dreams September 26, 2021 Sen. Kyrsten Sinema…
The Secret IRS files: Trove of never-before-seen records reveal how the wealthiest avoid income tax
ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing. by Jesse…
G7 countries reach deal on 15% global minimum tax rate for multinational corporations
One critic of the agreement said that “by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they’re willing to keep the race to the bottom…