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August 26, 2016
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Tag: Taxes


How Donald Trump and Chris Christie Colluded to Pilfer $25 Million From New Jersey Taxpayers

The sketchy relationship between the New Jersey governor and the Republican presidential nominee took a new twist after a New York Times report showed that Trump’s $30 million casino tax debt, something New Jersey officials fought endlessly to collect, suddenly was slashed after Christie took office in 2010.

Posted on Aug 18, 2016 READ MORE


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Why a Tax on Wall Street Trades Is a Great Idea (Video)

By Robert Reich / RobertReich.org

One of Bernie Sanders’ most important proposals didn’t receive enough attention and should become law.

Posted on Aug 14, 2016 WATCH & LISTEN



Where the Presidential Candidates Stand on Their Tax Returns

Hillary Clinton and Jill Stein released their personal tax returns this week, putting pressure on rivals Gary Johnson and Donald Trump to release theirs.

Posted on Aug 13, 2016 READ MORE


Trump’s Economic Plan









Posted on Aug 11, 2016 ENLARGE


Chris Hedges: Taxpayers Pay for Primaries, but DNC Determines Rules in Order to Steal Votes (Video)

“It is our job to make the powerful frightened of us,” the Truthdig columnist said at the Left Forum in New York City. “That is what movements do. Movements keep power in check, and as any good anarchist will tell you, power is always the problem, no matter who holds it.”

Posted on May 24, 2016 WATCH & LISTEN


New Option to Withhold Taxes









Posted on Apr 18, 2016 ENLARGE



The Best Reporting on Bernie Sanders Over the Years

A look back at Bernie Sanders’ career through accountability stories and other in-depth news reports.

Posted on Apr 17, 2016 READ MORE



How Much Money Would Bernie Sanders’ Tax Proposals Save or Cost You? This Calculator Will Tell You

Scared that Sanders would raise your taxes? Many people are, especially after reading what The Nation describes as Vox’s “wildly misleading” calculator of income taxes under the policies of various presidential candidates.

Posted on Apr 9, 2016 READ MORE


VIDEO: John Oliver on the Billions in Tax Dollars Being Spent on Unaccountable ‘Ghost Government’

What on earth are special districts and why are they being paid for with $100 billion in taxes? The “Last Week Tonight” host aims to find out.

Posted on Mar 7, 2016 WATCH & LISTEN



Remember That CEO Pay Cap? It’s Even Less Effective Than We Knew

Companies are increasingly using pay-for-performance to get around a $1 million federal limit on tax deductions for executive compensation.

Posted on Mar 6, 2016 READ MORE



How Mark Zuckerberg’s ‘Philanthropy’ Lets Him Stash His Billions Without Paying Taxes

The wunderkind of Silicon Valley who co-founded Facebook and amassed roughly a gabillion dollars in personal wealth is now being hailed as a new giant of American altruism.

Posted on Jan 27, 2016 READ MORE


VIDEO: Trevor Noah Admits He Agrees With Bernie Sanders’ Economic Plans to Tax the Filthy Rich

Now that the “surging Sanders” is starting to reveal himself as a strong contender for the Democratic nomination in the polls, “The Daily Show” decided to give viewers a brief primer on who the Vermont senator is and what he stands for.

Posted on Jan 13, 2016 WATCH & LISTEN



New York City Lets Luxury Building Owners Stiff Workers and Still Get a Tax Break

City regulators haven’t enforced a 2007 law that requires doormen, janitors and other service workers at taxpayer-subsidized apartment buildings to be paid wages comparable to union rates.

Posted on Dec 31, 2015 READ MORE



What to Do About Disloyal Corporations

If Pfizer or other American corporations want to leave the country to avoid U.S. taxes, that’s their business. But they should no longer get any of the benefits of American citizenship—because they’ve stopped paying for them.

Posted on Dec 7, 2015 READ MORE



Despite Low Grad Rates at For-Profit Colleges, One Accreditor Keeps Billions in Tax Dollars Flowing

Accreditation agencies are supposed to make sure that colleges are putting students in a position to succeed. That’s not happening at schools overseen by one accreditor in particular.

Posted on Nov 3, 2015 READ MORE



The Latest GOP Fight: How to Reject President Obama’s Nuclear Iran Deal

Just when you think the Republican Party can’t possibly be more chaotic and disorganized, another internal brawl breaks out.

Posted on Sep 10, 2015 READ MORE



Taxpayers Fund Yet Another Unneeded Building in Afghanistan

The U.S. military shelled out millions before deciding the project was unnecessary, bringing the total for unused buildings spotted by the inspector general for Afghanistan to nearly $42 million.

Posted on Sep 9, 2015 READ MORE



Remember John Oliver’s Investigation of Televangelists? The IRS May Have Gotten the Message

Who knew political comedy could make such an impact?

Posted on Aug 25, 2015 READ MORE


VIDEO: John Oliver Exposes Dark Underbelly of Televangelism

The “Last Week Tonight” host investigates corrupt televangelists raking in millions of dollars in tax-exempt donations every year.

Posted on Aug 17, 2015 WATCH & LISTEN


Tax Cuts









Posted on Jun 8, 2015 ENLARGE


Taxes









Posted on Apr 14, 2015 ENLARGE


John Oliver Attempts the Near Impossible: to Make Americans Sympathize With the IRS

Tax season is upon us, and with it the usual grumblings about the Internal Revenue Service. But HBO’s “Last Week Tonight” host, joined by singer Michael Bolton, may make you think twice this year before you curse the IRS.

Posted on Apr 13, 2015 WATCH & LISTEN



The Republican Budget Plan Will Devastate American Families

As I understand the Republican view of our country, as manifested in the House and Senate budgets, millions of middle class and working families need to see a major reduction in federal programs that help make their lives, and the lives of their kids, a little bit better.

Posted on Mar 19, 2015 READ MORE



The Majority of Americans Want to Raise Taxes on the Rich, So What Gives?

Elected officials are usually voted in to represent their constituents. So why do Republicans in Congress oppose Obama’s plan to raise investment taxes on the rich when two-thirds of Americans think the wealthy aren’t paying enough in taxes?

Posted on Feb 25, 2015 READ MORE



Shutterstock

Tax Fairness Could Mean More Resources

Roads are crumbling, bridges require repairs, schools need upgrades and public pension systems remain underfunded. How can states and cities find the money to address any of these problems? One way could be through their tax codes.

Posted on Feb 20, 2015 READ MORE



Shutterstock

Big Tax Bills for the Poor, Tiny Ones for the Rich

The rich are certainly entitled to their own opinions—but, as the old saying goes, nobody is entitled to his or her own facts.

Posted on Jan 23, 2015 READ MORE



Why Martin Luther King Jr. Would Support Obama’s Tax on the Super-Rich

In one of his last speeches, at Grosse Point, MI., the Rev. Martin Luther King, Jr., laid out his next campaign, the one he died pursuing. It was not about civil rights for minorities but economic rights for “the other America.”

Posted on Jan 19, 2015 READ MORE



Shutterstock

How Government Helps the 1 Percent

The Institute on Taxation and Economic Policy (ITEP) has issued a report showing that at the state and local level, government is, indeed, engaged in redistribution—but it’s redistribution from the poor and the middle class to the wealthy.

Posted on Jan 15, 2015 READ MORE



Time for the GOP to Pitch In

With Republican majorities in both houses, the new Congress should begin by focusing on traditional GOP priorities: improving the nation’s sagging infrastructure, reforming an unwieldy tax code and finding ways to boost middle-class opportunity.

Posted on Jan 6, 2015 READ MORE



How States Are Redistributing the Wealth

In 2008, candidate Obama was lambasted for supposedly endorsing policies of wealth redistribution. Yet only a few years later, the most explicit examples of such redistribution are happening in the states, and often at the urging of Republicans.

Posted on Dec 26, 2014 READ MORE


Secret Santa









Posted on Dec 25, 2014 ENLARGE


Wall St. Cushion









Posted on Dec 15, 2014 ENLARGE



Shutterstock

In Politics, Does Evidence Matter?

Whatever your views, you should want government programs to achieve what they set out to do.

Posted on Dec 8, 2014 READ MORE



Mykhaylo Palinchak / Shutterstock.com

The Imperial Congress

Now that we have a Republican Congress versus a Democratic president, voters will have a much easier time seeing who stands for what.

Posted on Dec 1, 2014 READ MORE



Darren Brode / Shutterstock.com

Some of America’s Biggest Corporations Pay Their CEOs More Than They Owe in Taxes

How does a company like Ford, which did $139.4 billion in business last year, qualify for a tax refund?

Posted on Nov 19, 2014 READ MORE



White House/Pete Souza

You Can’t Govern on Fantasies

When high-mindedness collides with reality, reality usually wins.

Posted on Nov 10, 2014 READ MORE


Pepsi and Coca-Cola Are Pulling Out All the Stops Against Berkeley’s Soda Tax

By Robert Reich

One out of three American kids is obese and at risk of early-onset diabetes. A major culprit is Big Soda.

Posted on Oct 23, 2014 WATCH & LISTEN



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



Shutterstock

A Progressive Estate Tax

Unless we reduce skyrocketing wealth and income inequality, unless we end the ability of the super-rich to buy elections, the United States will be well on its way toward becoming an oligarchic form of society where almost all power rests with the billionaire class.

Posted on Sep 9, 2014 READ MORE


Inverted Corporate Deserters









Posted on Sep 9, 2014 ENLARGE



How Businesses Get Enriched by Taxes

Millions of tax-paying Americans pick up the check left by multinational corporations that escape their obligations while enjoying all the benefits of doing business in America—including tax credits of up to 33 cents for every dollar of profit—David Cay Johnston writes at Newsweek.

Posted on Sep 4, 2014 READ MORE



My Dinner With the 1 Percent

“Why don’t you simply do what other rich folks do? Hide your money offshore so you don’t have to pay any taxes.” Laughter erupted at the table at my sarcastic comment and my question remained unanswered.

Posted on Sep 4, 2014 READ MORE


Corporate Inversion Tax Dodge









Posted on Sep 2, 2014 ENLARGE


Happy Labor Day, America!









Posted on Sep 1, 2014 ENLARGE


Fox News Logic









Posted on Aug 31, 2014 ENLARGE


Canada









Posted on Aug 30, 2014 ENLARGE



360b / Shutterstock.com

Should Companies Have to Pay Taxes?

Reading companies’ annual reports to the Securities and Exchange Commission is a reliable cure for insomnia. Every so often, though, there is a significant revelation in the paperwork.

Posted on Aug 29, 2014 READ MORE



The Increasing Irrelevance of Corporate Nationality

“You shouldn’t get to call yourself an American company only when you want a handout from the American taxpayers,” President Obama said Thursday.

Posted on Jul 29, 2014 READ MORE


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