Children born to poor parents have little real chance at becoming rich — or even middle class. A federal inheritance tax could help solve this.
New paper makes the case that a global tax on concentrated wealth is ethical, politically viable, good for growth, and could solve a lot of the world’s problems.
Portland, Oregon has just adopted the first tax penalty on corporations that pay their CEOs more than 100 times what they pay typical workers.
New report shows that while top fast food executives are fighting living wages for their workers, they’re benefiting from tax breaks on their own pay.
A new report looks at pro-austerity CEOs who seek to widen tax haven 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.
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.
This business-driven initiative is using the so-called fiscal cliff as a cover for tax-code changes that would damage our economy.
As Buffett Rule Comes Before Congress this Tax Day, One Percenters Will Ask Congress to Redistribute the “Pie”
Demonstrations by young “one percenters” in almost ten cities will include lessons in how to fairly cut pumpkin, pecan, and apple pies.
Over 130 events planned in 39 countries on Tuesday, April 17. Actions come as new global military spending data released by Stockholm International Peace Research Institute (SIPRI). Action coincides with U.S. tax day.
The Senate Permanent Subcommittee on Investigations has released a report that underscores the findings of two recent Institute for Policy Studies reports connecting corporate tax dodging with excessive executive pay and worker layoffs.
Left-leaning Institute for Policy Studies and right-leaning Heritage Foundation release the same report findings on the same day: Corporations that claimed tax holidays in 2004 pocketed the cash and downsized workers.
IPS is putting tax dodging corporations on the ropes.
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.
CEOs rake it in while their corporations dodge taxes.