You Searched For "progressive tax system" and got 20 results
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2 mins read
Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more
Bill Gates told the Independent he'd pay "tens of billions" more if he designed the US tax system, …
Joshua Nelken-Zitser
1 min read
Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
Bill Gates said his ideal tax system would slash his net worth by 62% or about $100 billion, but st…
Theron Mohamed
2 mins read
Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
Author Chuck Collins says vast fortunes are a red flag and explains why Warren Buffett's post-death…
Theron Mohamed
2 mins read
Bill Gates says the rich would be a lot poorer if he set taxes — but banning billionaires isn't on his agenda
Bill Gates said the wealthy would be worth a third as much if he designed the tax system, but unlik…
Theron Mohamed
2 mins read
Progressive Democrats are proposing a new tax they say will help 'close the exorbitant wealth gap'
Pressure group the Patriotic Millionaires helped devise legislation called the Oligarch Act that wo…
Joseph Wilkins
3 mins read
Sen. Bernie Sanders says the US needs 'progressive taxation' on the wealthy to pay for Biden's infrastructure proposal
"The very rich and large corporations should start paying their fair share of taxes to help us rebu…
John L. Dorman
10 mins read
Progressive prosecutor Larry Krasner is taking on gun violence and ‘dirty cops’ in Philadelphia
In an interview, Philadelphia District Attorney Larry Krasner defended his handling of the city's g…
Charles R. Davis
2 mins read
More girls should be enrolled in technical educational institutions: President Droupadi Murmu
Speaking at the 52nd convocation and closing ceremony of centenary year celebrations of Punjab E…
3 mins read
America's tax code advantages white wealth over Black wealth - here's how reforms can make the system to better for everyone
"While only about 60% of the population is white, white Americans hold about 86% of the nation's we…
Paul Constant
3 mins read
Democrats are increasingly optimistic about the IRS' plan to offer free tax prep software and break TurboTax and H&R Block's stranglehold
A pilot program allowing for free tax filing services by the IRS should be available in 2024, and c…
Madison Hall
3 mins read
No, the GOP isn't going to abolish income tax — or the IRS
The GOP wants to get rid of income tax and the IRS. Neither will happen, but, if they did, it would…
Juliana Kaplan,Jacob Zinkula
4 mins read
The American appetite to tax the rich is high — and growing with each passing year
The recent developments in Washington state offer a warning for America's wealthiest people and cor…
Paul Constant
2 mins read
DC Mayor Muriel Bowser wants to expand tax breaks for developers turning empty downtown offices into much-needed housing
Many federal government employees, who occupy a third of downtown jobs, aren't required to come bac…
Eliza Relman
2 mins read
Bernie Sanders sarcastically congratulates billionaires for making America an 'oligarchic form of society'
In an impassioned floor speech, Sanders said that the vast majority of people in the country are hu…
Juliana Kaplan
2 mins read
Bernie Sanders swipes at Manchin for nixing Biden's billionaire tax plan, saying 'I don't care' what he has to say
Sanders and Manchin have had an icy relationship since the latter torpedoed the majority of Biden's…
Joseph Zeballos-Roig
3 mins read
The author of a book on the ultrawealthy says billionaires 'have taken their winnings and used them to stack the deck against everybody else' — but the solution isn't complicated
American history shows three ways wealth inequality has been reigned in before, says NYT global eco…
Juliana Kaplan
3 mins read
A huge study of 20 years of global wealth demolishes the myth of 'trickle-down' and shows the rich are taking most of the gains for themselves
The bottom 50% of the world holds 2% of wealth, while the top 10% holds 76%, according to a huge da…
Juliana Kaplan,Andy Kiersz
3 mins read
In one day, Elon Musk made $37 billion and slammed Democrats' plan to tax billionaires. Here's what he meant when he said the government will 'come for you.'
Musk said the government could "run out of money" and "come for you." Yet the government has run a …
Ben Winck
3 mins read
America's wealthiest 0.1% will pay $1 million more a year under Biden's tax plan. Lower-income parents will see big cuts.
"Millionaires and billionaires are paying a lower tax rate than teachers and firefighters," Preside…
Juliana Kaplan,Andy Kiersz
4 mins read
Senate Democrats are edging closer to a deal with Manchin to resurrect Biden's economic agenda. They'll face Sinema next.
Democrats crafted a new surtax on millionaires after Sinema stopped them from rolling back Trump ta…