taxes

Trump Tax Plan Would Slash Charitable Giving by Almost 40%

December 1, 2017

According to some estimates, there would be between $13-$95B less in charitable giving by individuals, because raising the individual deduction removes the tax incentive to give, says David Callahan, founder and editor of Inside Philanthropy

Cities Offer Amazon Dangerous Incentives

November 29, 2017

Amazon has received 238 bids from North American cities vying to host its new headquarters, and some are offering the company extreme incentives that undermine democracy, says economist Dean Baker

Trump’s Tax Man, and Tax Plan, for the 1%

November 2, 2017

As Republicans prepare to unveil a tax plan favoring the wealthiest Americans, President Trump has quietly tapped a problematic interim IRS Director, says economist Dean Baker

IMF Worried that High Inequality Could Threaten Global Capitalism

October 27, 2017

All income growth of the past few years is going to the top 10 percent, without paying more in taxes. IMF says that higher taxation of the top earners would not impinge on economic growth, explains economist Michael Roberts

Debate Recap: Sanders Vs. Cruz on Trump’s Tax Plan

October 20, 2017

Senators Ted Cruz and Bernie Sanders squared off over a Koch brothers-backed effort to cut taxes for the wealthiest Americans

Trump’s Corporate Tax Proposal Would Trigger a Global Race to the Bottom

September 29, 2017

Trump’s proposal to reduce the corporate tax rate will contribute to a global taxation race to the bottom where the losers will be all countries and the winners will be corporations, explains tax justice expert James Henry

The Poorest Tax Payers to Pay the Most Under Trump Plan

September 29, 2017

Economist Bill Black says that both Republicans and Democrats are financially illiterate when they speak about the deficit, and Trump’s economic experts are ‘completely disconnected from the real world’

Trump’s Tax Giveaway to the Rich Won’t Boost Economy

September 27, 2017

Donald Trump’s tax plan lowers highest income tax bracket and the corporate tax rate and eliminates the estate tax and the alternative minimum tax, all of which will massively benefit him and his rich friends, explains CEPR’s Dean Baker

Baltimore Water Price Hike Will Disproportionately Impact Low-Income People and Senior Citizens

September 2, 2016

Jorge Aguilar of Food & Water Watch says that the city should instead opt for income-based water service billing in order to fund new infrastructure

Argentina & The Emerging Market Crisis

February 28, 2014
James Henry: Facing a surging public deficit, Argentina has devalued its currency in response to the Fed’s tapering of quantitative easing and China’s slowed purchasing of imports