Why Not Tax Heirs Directly?

Why Not Tax Heirs Directly?

Children born to poor parents have little real chance at becoming rich — or even middle class. A federal inheritance tax could help solve this.

Corporate Tax Dodgers: 10 Companies and Their Tax Loopholes

Corporate Tax Dodgers: 10 Companies and Their Tax Loopholes

A new report looks at 10 U.S. corporations that have used an array of tax loopholes and corporate subsidies to slash their tax bills: Bank of America, Citigroup, ExxonMobil, FedEx, General Electric, Honeywell, Merck, Microsoft, Pfizer, and Verizon.

New IPS Proposal Would Scrap Most of the Deficit

Without trimming the safety net, an Institute for Policy Studies framework would shrink the federal budget deficit by $881 billion per year while making the United States more equitable, green, and secure.

Press Conference Call (recording): The Massive CEO Rewards for Tax Dodging

On a press conference call on Wednesday, August 31, report co-authors Chuck Collins and Scott Klinger discuss the 25 CEOs who were paid more in compensation last year than their corporations paid in taxes, as well as other report findings, and answer reporters’ questions about the report.