Tag: tax breaks
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…
CBO warns employment won’t recover until 2024, GOP offers 3-month extension of jobless aid
‘Inhumane’ “Workers who have lost their jobs through no fault of their own shouldn’t be constantly worrying that they are going to lose their income overnight.” by Jake Johnson, staff writer Monday, February 1, 2021 As…
Susan Collins, supporter of $1.5 trillion in tax cuts for the rich, claims $1,400 survival checks not ‘targeted’ enough
“Susan Collins didn’t care so much about the ‘rich people getting more than they need’ issue when it was massive upper income tax cuts on the table.” by Jake Johnson, staff writer Monday, January 25, 2021…
Study of 50 years of tax cuts for rich confirms ‘trickle down’ theory is a sham
“Major tax cuts for the rich since the 1980s have increased income inequality, with all the problems that brings, without any offsetting gains in economic performance.” by Kenny Stancil, staff writer Wednesday, December 16, 2020 Neoliberal…
US slammed as ‘Rogue State’ for withdrawing from global effort to make tech giants pay fair share in taxes
“It is a provocation… to all the citizens of the world who say that it is still legitimate for all the digital giants to pay their taxes.” by Jake Johnson, staff writer Thursday, June 18 The…
Analysis reveals that GOP corporate giveaway buried in COVID-19 relief package will overwhelmingly benefit millionaires
“It’s a scandal for Republicans to loot American taxpayers in the midst of an economic and human tragedy,” declared Sen. Sheldon Whitehouse. by Jessica Corbett, staff writer Democratic lawmakers and progressive critics expressed outrage Tuesday after…
Nuclear industry effort to exploit crisis for bailout decried as ‘disaster capitalism at its worst’
“The nuclear industry begged for a bailout last fall and is now using coronavirus to try and brazenly grab more cash,” warned Friends of the Earth. by Andrea Germanos, staff writer, Jon Queally, staff writer Friends…
