“Instead of choosing to protect the American people, they chose to protect billionaires and corporations,” said the top Democrat on the House Budget Committee. House Republicans advanced their budget plan out of committee Thursday night after a 12-hour markup session during which they rejected dozens of Democratic amendments, including proposed changes that would have protected […]
“Congress has a choice—they can either extend a failed policy or create tax reform that actually works for Main Street and communities.” As the Trump administration and congressional Republicans pursue trillions of dollars in new tax giveaways for wealthy individuals and corporations, economists and pollsters this week are warning about how devastating the GOP’s plan would be […]
One economist warned the tariffs would amount to the “largest tax increase… that has ever been imposed” on working-class families. The trade war that U.S. President Donald Trump launched over the weekend by announcing sweeping new tariffs on imports from Canada, Mexico, and China drew intense criticism from experts and analysts across the ideological spectrum, including those who believe […]
Gabriel Zucman, a leading authority on tax evasion by the rich, welcomed news that Kamala Harris’ presidential campaign is embracing proposals to tax the ultra-wealthy and large corporations. An economist at the forefront of the growing global push for a billionaire wealth tax is welcoming news that U.S. Democratic presidential nominee Kamala Harris is embracing calls for a minimum […]