Tag: taxes

Mar 15

New Jersey governor’s budget taxes millionaires to invest in working families, public transit

This is what it should look like when Democrats get control of a state government. Where Republicans typically storm into office with an agenda already written for them by ALEC and corporate lobby groups, Democrats tend to take it a little more slowly. But New Jersey Gov. Phil Murphy has come out swinging with his …

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Mar 13

Report Discovers Multinational Companies Found Even More Ways to Avoid Taxes Following the Financial Crisis

Since 2000, the amount these businesses pay in taxes has dropped by one third. As growing inequality has steadily increased in American society, major multinational companies have been benefiting from lower and lower tax rates the world over, according to a new report from the Financial Times. The paper conducted a study of the taxes …

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Feb 03

Over 7,000 lobbyists pressured Congress on taxes in 2017

I would say this is insane, but we passed insane some time ago and are rounding the bend of permanent dystopian hellscape. Our abbreviated update to that report includes data from the fourth quarter of 2017, when comprehensive tax legislation was passed. Using federal lobbying disclosure data provided by the Center for Responsive Politics (www.opensecrets.org), …

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Jan 24

Oregon voters overwhelmingly vote for higher taxes to keep Medicaid funding

Campaign Action Oregon voters, no more fond of taxes than any other bunch of Americans, have determined that spending more money on healthcare is the right thing to do. Measure 101, which led 62 percent to 38 percent with returns partially tallied, was the only issue on the ballot. It will raise $ 210 million …

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Jan 09

The GOP’s 100-year war is bigger than taxes or Trump

The new year had barely started when the world got new grist for the ‘Trump-is-crazy’ mill, one of the few American industries to experience a boom since Trump became president. Michael Wolff’s profile of the current White House, “Fire and Fury,”  is filled with rumors and backbiting. But the book, and the president’s unhinged reaction …

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Dec 20

Here are the 227 Representatives that just voted to give tax breaks to corporations while raising taxes on 90 million working families

Republicans in the House of Representatives voted Tuesday to approve a massively unpopular tax plan that will give huge tax breaks to the 1% and corporations, while raising taxes on 90 million working families. Americans for Tax Fairness put it pretty simply: “These are the 227 GOP House members who voted for the #GOPTaxScam. They voted to …

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Dec 08

House Republicans outraged to discover their bill taxes graduate students on income they don’t make

Campaign Action Several dozen House Republicans are suddenly thinking better of taxing graduate students on the tuition waver (i.e. not actual income) they get for teaching classes while they pursue their degree. It seems GOP lawmakers are waking up to the fact that taxing a grad student who on average makes about $ 36,000 per year …

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Dec 07

“Every darn penny”: The GOP’s philosophy on death and taxes

Republican Senator Charles Grassley tells the Des Moines Register his party’s plan for deep tax cuts to the rich “recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.” Perhaps Sen. Grassley is replaying an old record from his youth. …

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Dec 03

This week in the war on workers: Teachers, taxes, and … toilet paper?

“My students don’t get toilet paper; billionaires get handouts,” New York City teacher and state Senate candidate Katherine Brezler writes: Last year my class and I received the rare opportunity to attend the Lincoln Center ballet. I couldn’t wait to see the joy on my students’ faces as they took in the opulence. During intermission …

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Nov 27

Orrin Hatch’s ‘bullcrap’ on taxes is exactly that

“Bullcrap!” That’s the epithet Orrin Hatch threw at his fellow senator, Sherrod Brown, during a meeting of the Senate Finance Committee.  Brown’s offense? He pointed out that Republicans aren’t shooting straight when they say their tax cuts for the rich will help the middle class. Sen. Ron Wyden (D-OR) had called the GOP’s bluff with …

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