Big Winners: Wall Street Raiders Who Burden Target Firms With Too Much Debt House Republicans want to reverse a provision of the 2017 Trump-GOP tax law that limits the ability of corporations to cut their taxes by deducting interest payments from their taxable income. This expanded loophole would cost up to $200 billion in lost […]
Sticking to his commitment since the 2020 campaign to make the rich and corporations start paying their fair share of taxes and use that money to create an economy that works for all of us, President Biden today released a budget that would raise $4 trillion in tax revenue over the next ten years and […]
January 11, 2022 Americans for Tax Fairness, a coalition of hundreds of national and state endorsing groups, urges you to vote NO on legislation being rushed through the U.S. House today that would repeal critical tax enforcement funding enacted last year with the support of every House and Senate Democrat. The legislation will help hold […]
ATF URGES HOUSE TO VOTE NO ON GOP BILL TO PROTECT RICH & CORPORATE TAX CHEATS January 3, 2022 Americans for Tax Fairness, a coalition of hundreds of national and state endorsing groups, urges you to vote NO on legislation being rushed through the U.S. House today that would repeal critical tax enforcement funding enacted […]
On the Other Hand, Congress Is About to Give More Tax Breaks to the Wealthy Saving for Retirement While Giving Crumbs to Working People In a victory for tax fairness, Congress has rejected in the newly released omnibus spending package the renewal of three major tax breaks urgently sought by big corporations, which were part […]
After passing historic corporate tax reform in the Inflation Reduction Act earlier this year, Congress now risks erasing those tax-fairness gains in a lame-duck tax package rife with costly corporate giveaways. Legislation currently under discussion would extend—at a cost of up to $600 billion—three expired or expiring provisions of 2017’s Trump-GOP tax law benefitting big […]
March 21, 2022
CORPORATE PRICE GOUGING & TAX DODGING
15% Floor Will Help Shut Down World Tax Havens That Bleed American Jobs The Biden Administration has secured an international agreement to begin to end the world race to the bottom on corporate tax rates, saving American jobs and public revenue and paving the way for domestic reforms that will require U.S. corporations to pay […]
Billionaires’ Collective Fortune Grew $1.8 Trillion Over 17 Months, Enough to Pay for Over Half of Biden’s Proposed $3.5 Trillion Investment in Healthcare, Education & More America’s billionaires have grown $1.8 trillion richer during the pandemic, their collective fortune skyrocketing by nearly two-thirds (62%) from just short of $3 trillion at the start of the […]
Billionaires’ Collective Fortune Grew $1.8 Trillion Over 17 Months, Enough to Pay for Over Half of Biden’s Proposed $3.5 Trillion Investment in Healthcare, Education & More America’s billionaires have grown $1.8 trillion richer during the pandemic, their collective fortune skyrocketing by nearly two-thirds (62%) from just short of $3 trillion at the start of the […]