“The Treasury Department can and should exercise the full extent of its regulatory authority to limit this blatant abuse of our tax system by the ultrawealthy.” Four U.S senators this week called on Treasury Secretary Janet Yellen to use her existing authority to go after American billionaires and multimillionaires who “use trusts to shift wealth […]
On August 9th, 1899, the River Cutter Nunivak arrived at the mouth of the Yukon River to commence operations there. The Cutter Nunivak was towed from the Lower 48 to the location of its operations by the Revenue Cutter Rush. The Nunivak was built and sent to the Yukon expressly to perform law enforcement, customs, […]
WASHINGTON – The richest Americans are failing to pay hundreds of billions in taxes they owe the government, a new U.S. Treasury report contended Wednesday. The report said the top 1% of taxpayers last year failed to pay about $163 billion in taxes, accounting for about 28% of the total of $600 billion in unpaid […]