tax breaks

Sanders, Omar Unveil Bill to End ‘Absurd Corporate Handouts’ to Fossil Fuel Industry
Sen. Bernie Sanders and Rep. Ilhan Omar introduced legislation Thursday that would eliminate dozens of tax loopholes, subsidies, and other federal giveaways to the fossil fuel industry and cut off U.S. support for international oil and gas projects that a ...[Read more]
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Biden and the Democrats Are Getting Serious About Raising Corporate Taxes
In a speech on Monday, Treasury Secretary Janet L. Yellen called for a global minimum tax on multinational corporations as President Joe Biden and leading Democrats defended a sweeping jobs and infrastructure proposal that analysts say would support a mor ...[Read more]
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No Federal Taxes for Dozens of Big, Profitable Companies
Just as the Biden administration is pushing to raise taxes on corporations, a new study finds that at least 55 of America’s largest paid no taxes last year on billions of dollars in profits. The sweeping tax bill passed in 2017 by a Republican Congress ...[Read more]
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AT&T said Trump’s tax cut would create jobs – now it’s laying off thousands of workers
The moves come despite the company’s keen support for a major corporate tax cut under Donald Trump, which it claimed would spur it to create jobs – not cut them. AT&T is also closing dozens of retail stores this spring around the US, including three s ...[Read more]
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They Said Tax Cuts for the Rich Would Create Jobs. It Never Happened.
For forty years, governments around the world have been cutting taxes on the rich, claiming that the result would be more jobs and higher incomes. A new study shows how catastrophically wrong that policy has been. ...[Read more]
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Hero ambulance workers revealed as the group hardest-hit by Tories’ attack on public sector pay
UK - Hero ambulance workers are revealed today as the hardest-hit of any major public sector group by the Tories’ brutal attack on pay. A damning study by the TUC shows paramedics have seen their annual pay cut by a staggering £6,140 since 2010 in real ...[Read more]
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