A first-of-its-kind analysis of newly disclosed Internal Revenue Service data shows that the richest 25 billionaires in the United States paid a true federal tax … How Little Richest .001% Pay in TaxesRead more
Tax
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You May Be Paying a Higher Tax Rate Than a Billionaire
The very richest Americans win at the tax game no matter which measure you use. ProPublica has published an article, based on a vast trove … You May Be Paying a Higher Tax Rate Than a BillionaireRead more
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Why 52,911 Profitable Indian Companies Pay 0% Tax
So effective have some incentives been that companies making larger profits are now paying a lower rate of effective tax, reveals my analysis of national … Why 52,911 Profitable Indian Companies Pay 0% TaxRead more
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Records Reveals How the Wealthiest Avoid Income Tax
In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the … Records Reveals How the Wealthiest Avoid Income TaxRead more
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Billionaires Bezos, Musk, Bloomberg, Buffett Avoided Taxes as Wealth Soared
A major leak of IRS tax filing has revealed new details about how U.S. billionaires pay little in income tax compared to their massive wealth … Billionaires Bezos, Musk, Bloomberg, Buffett Avoided Taxes as Wealth SoaredRead more
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Fossil Fuel Companies Got $8.2 Billion in Tax Bailouts—Then Fired Over 58,000 Workers
Bolstering arguments against providing further public benefits to the fossil fuel industry, a BailoutWatch analysis published Friday reveals that 77 companies got a collective $8.24 … Fossil Fuel Companies Got $8.2 Billion in Tax Bailouts—Then Fired Over 58,000 WorkersRead more
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Denying India its Tax Revenue is Neo-colonialism
MORE than 23 crore Indians have been pushed into poverty (that is below the national minimum wage threshold of Rs 375) since the covid pandemic … Denying India its Tax Revenue is Neo-colonialismRead more
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Biden to Preserve Trump’s Corporate Tax Cuts
As Democrats and Republicans in Washington continue to negotiate over an infrastructure bill, President Biden is reportedly considering dropping his demand to roll back the … Biden to Preserve Trump’s Corporate Tax CutsRead more
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Tax on Amazon’s Pandemic Profits Could Pay to Vaccinate 580 Million People Worldwide
While the average US worker pays a tax rate of 22%, Amazon’s federal tax rate last year was just 9%, despite earning a record $20 … Tax on Amazon’s Pandemic Profits Could Pay to Vaccinate 580 Million People WorldwideRead more
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The Secret Tax Loophole Making the Rich Even Richer
[youtube https://www.youtube.com/watch?v=7onxDNmSLwA&rel=0&feature=relmfu] Robert Reich