By Paul Kiel, Ash Ngu, Jesse Eisinger and Jeff Ernsthausen | – ( ProPublica ) – Which people and professions rake in the most income year after year? Which are most adept at shielding that money from the taxman? And what does this tell you about America? The top earners, of course, are often fodder […]
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Neoliberalism
I may have failed as a Tax Resister, but Corporate America is Hugely Successful at it
( Tomdispatch.com) – Every April, as income-tax returns come due, I think about the day 30 years ago when I opened my rented mailbox and saw a business card resting inside. Its first line read, innocently enough, “United States Treasury.” It was the second line — “Internal Revenue Service” — that took my breath away. […]
Cracking Down on Russian Oligarchs Means Cracking Down on U.S. Tax Havens
By Chuck Collins | – As part of the sanctions against Russia for its invasion of Ukraine, the United States and its European partners are cracking down on Russian oligarchs. They’re freezing assets and tracking the yachts, private jets, and luxury real estate holdings of these Russian billionaires. “I say to the Russian oligarchs and […]
Democrats in Congress Want Windfall Tax on Big Oil, Consumer Rebates, and cheap Green Energy
Ann Arbor (Informed Comment) – Senator Sheldon Whitehouse (D-RI) has introduced, and several other congressional Democrats have co-sponsored, a bill to curb big petroleum companies engaged in profiteering. Whitehouse said at his site, “We’ve seen this script before, and we cannot allow the fossil fuel industry to once again collect a massive windfall by taking […]
Let’s Go after the Ill-Gotten, Tax-Evading Gains of All Oligarchs, not just Russian Ones
( Inequality.org ) – Can we please get serious about taxing the rich? Polls show that hefty majorities of people in the United States — and around the world — believe the rich ought to be paying more at tax time. Yet our contemporary don’t-tax-the-rich era has now entered its fifth consecutive decade. Egalitarian tax […]
Joe Manchin’s America: The Resurgence of the Culture-of-Poverty Debate
( Tomdispatch.com ) – As if killing the Child Tax Credit, blocking voting rights, gutting key climate legislation, and refusing living wages wasn’t enough, West Virginia Democratic Senator Joe Manchin is now promoting legislation that further punishes the poor and marginalized. Along with Florida Republican Senator Marco Rubio, he’s introduced the PIPES Act, which undercuts […]
From Couriers to factory Laborers, Turkish Workers are Protesting low Wages amid economic Crisis
By Doga Celik and Arzu Geybullayeva | – ( Globalvoices.org ) – Prices are rising in Turkey and people have had enough. The leader of a Turkish opposition party recently tweeted he won’t be paying inflated electricity bills following January price hikes on basic commodities. At the same time, shop owners have been posting their […]
Uproar In Turkey over Gov’t Prioritizing a Name change for the Country over Sinking Economy #helloTürkiye
( Globalvoices.org ) – Turkey’s Communications Directorate launched a new campaign #helloTürkiye on January 14, in an attempt to “raise global awareness about using the country’s original name.” In a statement issued by the Presidency’s Director of Communications, Fahrettin Altun said, “We believe that it is significant to use the phrase ‘Türkiye’ in the international […]
Review: ‘The Nutmeg’s Curse’ by Novelist Amitav Ghosh traces Climate Crisis Origins to European Colonialism
By Joydeep Gupta | – ( The Third Pole) – In his latest book, Amitav Ghosh identifies the beginning of the climate crisis as the point where total exploitation – of both lands and people – became the prevailing mode of growth in the world economy I did not ‘like’ The Nutmeg’s Curse by Amitav […]