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Tag: Tax Breaks

GOP Plan Would Dismantle Much of Obamacare and Cut Taxes for the Rich


The proposed American Health Care Act abandons many of President Trump’s campaign commitments while unraveling key aspects of the existing law.

Posted on Mar 7, 2017 READ MORE
Square, Category Page

Trump Will Continue to Scam the White Working Class. Here’s How to Stop Him.


Progressives need to sharpen their understanding of why blue-collar Americans voted a billionaire into the White House and find a way to connect with them.

Posted on Feb 16, 2017 READ MORE

Fact-Checking Donald Trump and Hillary Clinton on the Billionaires’ Tax Break


When the presidential candidates vowed in their second debate to eliminate the “carried-interest” loophole, they left out some important context.

Posted on Oct 16, 2016 READ MORE

Tax Bracketology









Posted on Mar 20, 2015 ENLARGE

How Taxpayers Unknowingly Fund Elite Private Universities as Public School Subsidies Shrink


What justifies so much government spending per student in private elite universities relative to public ones?

Posted on Oct 14, 2014 READ MORE

David Cay Johnston: Budget Deal ‘Makes Absolutely No Sense’

A House-approved bipartisan budget deal will be considered by the Senate this week. The Pulitzer Prize-winning investigative reporter tells “Democracy Now!” how it replaces across-the-board spending cuts with airline fees and reductions in federal pensions while failing to extend unemployment benefits, which expire this month, to 1.3 million people.

Posted on Dec 16, 2013 WATCH & LISTEN

GOP Christmas









GOP to the poor: That lump of coal represents the fuel that drives the engines of commerce. Use it wisely and you may rise to become a titan of industry. You'll thank me later.
Posted on Dec 12, 2013 ENLARGE

How the U.S. Tax Code Benefits the Wealthy (and Screws Over Most Everyone Else)


Flickr/Tax Credits

One thing to remember on Tax Day 2013: It’s good to be a wealthy citizen in the United States. Thanks to tax breaks aimed specifically at those who make boatloads of money, the average rich person takes in an additional $250,000 in income each year. The rest of us? Not so fortunate.

Posted on Apr 15, 2013 READ MORE

How Facebook Made a Billion Dollars, Paid No Taxes and Expects a Huge Refund


Flickr/Andrew Feinberg

Despite making $1.1 billion after going public last year, Facebook didn’t pay a dime in state or federal income taxes in 2012. Instead, thanks to the social media company’s use of a single tax break, it anticipates getting a massive refund from the government totaling $429 million.

Posted on Feb 17, 2013 READ MORE

Video Game Companies Cash In on Tax Tokens


Flickr / Pink Sherbet Photography

American video game developers are benefiting from an odd combination of tax breaks many analysts say are intended to encourage industries that serve the public good by providing broadly valuable social services. (more)

Posted on Sep 11, 2011 READ MORE

Dueling Fireworks Shows









Posted on Jul 4, 2011 ENLARGE

Boehner Pays Lip Service to Cutting Government Oil Subsidies


Flickr / JoelK75

With gas prices still rising, House Speaker John Boehner has broken from traditional GOP rhetoric to voice his support for ending tax breaks to the oil industry.

Posted on Apr 26, 2011 READ MORE

Let’s Be Honest About Taxes

We need to do something about tax expenditures, those spending programs disguised as tax breaks that cost us close to $1.2 trillion a year.

Posted on Aug 26, 2010 READ MORE

Obama Pushes His Budget Plan

Obama

In his weekly address, President Barack Obama makes the case for his proposed budget scheme, arguing that while it might rankle the likes of Washington lobbyists, it will deliver on the promises he made during his campaign.

Posted on Feb 28, 2009 WATCH & LISTEN

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