Amid an economic recession, the industry, with the help of Trump, flexed its political muscle to get a special tax carve-out for wealthy developers.
tax policy
Posted inMoney, Politics, and Power
Trump’s Riches and the Real-Estate Tax Racket
The industry where you really can make billions and pay no taxes.
Posted inHealth and Social Policy
Soda Taxes Hit a Sweet Spot
Philadelphia’s new tax on soda will be a critical test for cash-strapped municipalities looking to raise revenue.
Posted inMoney, Politics, and Power
We’re Going to Need More Tax Revenue. Here’s How to Raise It.
More tax dollars will be essential to improve our infrastructure, push back on global warming, fight poverty and inequality, and improve health and retirement security.
Posted inMoney, Politics, and Power
International Tax Evasion: What Can Be Done?
Multinationals save hundreds of billions of dollars by offshoring income and manipulating their books — and it’s perfectly legal.
Posted inMoney, Politics, and Power
How Plutocrats Cripple the IRS
You pay more because elites use their influence to pay less.
Posted inMoney, Politics, and Power
The Strange Silence about Sanders’s Tax Proposals
Bernie Sanders has proposed tax increases that ought to give Democrats pause, but hardly anyone is talking about them.
Posted inMoney, Politics, and Power
Dodging Taxes Through Corporate “Inversions”
Johnson Controls is the latest in a string of American companies that save millions in taxes by moving U.S. headquarters overseas, costing Americans jobs and eroding the nation’s corporate tax base.
