Tag: taxes
Seattle Buckles Under Corporate Pressure, Repeals ‘Amazon Tax’ to Fight Homelessness
Socialist City Councilwoman Kshama Sawant says that as long as corporate Democrats run government, we should expect them to buckle under Amazon’s and Starbucks’ pressure Visit http://therealnews.com for more stories and help support our work…
Weak Underfunded IRS Behind Trump’s Wealth and History of Avoiding Taxes
Investigative tax attorney James Henry talks about the New York Times’ investigation into the origins of Trump’s wealth, how it is related to tax evasion, and how the US tax system has systematically and increasingly…
How Local Taxes Fuel America’s Income Inequality Machine
A new report shows that the poorest Americans pay a much larger proportion of their income in state and local taxes than the the wealthy Visit https://therealnews.com for more stories and help support our work…
Even for Local Taxes, the Rich Pay Far less Than the Poor
While much attention has been paid to Republican-backed tax cuts for the wealthiest, a new report reveals that even local levies take a greater share of income from the poor than the rich Visit https://therealnews.com…
Republican Estate Tax Repeal: An Effort to Avoid Ever Being Taxed
While Sen. Bernie Sanders proposes an important increase in the estate tax, Republicans are gearing for its complete repeal. Morris Pearl of the group Patriotic Millionaires, talks about how the Republicans’ plan would help the…
Elite Institutions Hoard Wealth While Cities Die Around Them
A movement to tax non-profits in a city mired in poverty has hit an obstacle: The richest institutions claim they already pay enough. Subscribe to our page and support our work at https://therealnews.com/donate. ** (Disclaimer:…
IRS says Americans failed to pay $688 billion in taxes in 2021
Americans failed to pay $688 billion in taxes on their 2021 returns, a record level, according to a new estimate from the IRS. The agency said that it is taking urgent steps to increase compliance…
