JUNEAU – The Senate Rules Committee introduced legislation Friday to fix several flaws in Alaska’s oil tax structure. Senate Bill 114 would level the playing field by having all oil producers pay the same corporate income tax rate as corporations at 9.4%. This would only apply after the first $4 million in annual net income. […]
“Yes. Dr. King was right,” says the U.S. Senator from Vermont. “We have socialism for the rich, rugged capitalism for the rest.” Senator Bernie Sanders is not asking anyone to be shocked that Donald J. Trump was very good at not paying taxes, but he also wants people to know that the disgraced former Republican […]
“This is the right thing for President Biden to do,” said Rep. Ro Khanna. “It’s time to hold Big Oil accountable for high gas prices and put that money back in the pockets of Americans.” Following months of sustained pressure from progressive campaigners and members of Congress, President Joe Biden on Monday is reportedly planning to […]
Trump’s request comes after a federal appeals court paved the way for the Internal Revenue Service to turn over his tax returns to the Democratic-led House Ways and Means Committee. Former President Donald Trump filed an emergency appeal Monday asking the U.S. Supreme Court to halt the release of his tax returns. Trump’s request comes after a federal […]