Sanders, Warren Propose Free Tuition Plan Funded By Tax On Wall Street

Official estimates put the student debt in the United States at more than US$1 trillion.

Elizabeth Warren, D-Mass. and Bernie Sanders, I-Vt., greet one another during a rally Friday, March 31, 2017, in Boston. (AP/Steven Senne)

Senators Elizabeth Warren and Bernie Sanders, former presidential candidate, along with several other progressive senators introduced a bill that would seek to eliminate college tuition and fees at public four-year colleges and universities in the United States for students from families that make up to US$125,000 a year. “Our job is to bring

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Mapping The Cost Of “Sin” Across America

As states continue to grapple with ever-tightening budgets, it is nearly certain that state legislatures will continue to raise sin taxes.

As spring heads into summer across the United States, many Americans may be enjoying a frosty adult beverage. And associated with the purchase of that alcohol, Americans will pay a hefty tax. The taxes collected from so-called sin taxes serve as a major source of revenue for some states. Sin taxes can cover activities from tobacco and alcohol to

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Poll: Most American’s Believe The Rich Aren’t Taxed Enough

Democrats, at 71 percent, were the most likely to support raising taxes on capital gains. Among Republicans and independents, 46 percent supported it.

tax-evasion

WASHINGTON  — The rich aren’t taxed enough and the middle class is taxed too much. As for your taxes, you probably think they’re too high as well. Those are the results of an Associated Press-GfK poll that found that most people in the United States support President Barack Obama’s proposal to raise investment taxes on high-income

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Obama Budget Plan Would ‘Benefit The Worst Corporate Tax Dodgers’

‘This is how the rules get rigged.’

President Barack Obama on Monday announced a new proposal as part of his 2016 budget to tax the trillions in offshore profits made by U.S.-based multinational corporations, but critics say the plan leaves in place a system that "encourages companies to game the system to avoid U.S. taxes." The proposal would impose a 19 percent tax on the future

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US Corporations Top List Of Those Living In ‘Magical Fairyland’ Of Tax-Dodging

Leaked documents reveal Luxembourg’s paradise for companies and financial firms stiffing the global populace with their unpaid tax bills.

luxembourg

More than 300 global corporations and financial institutions—including well-known names like Pepsi Co., FedEx, JP Morgan Chase, and Amazon—have created complex tax avoidance schemes using the small European nation of Luxembourg to funnel billions of dollars of profits away from the countries where they actually do business, according to leaked

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Whistleblowers: IRS Officials Behind ‘Fraudulent’ Multi-Billion Dollar Corporate Tax Giveaways

The allegations include claims that senior IRS officials have “intentionally undermined the authority of the IRS Whistleblower Office” to avoid taking action “in cases involving billions in corporate taxes due.” The IRS also refuses to enforce laws for “large corporate taxpayers,”.

corporate welfare

A 10-year veteran Internal Revenue Service (IRS) attorney has demanded a Congressional audit of the IRS to investigate the agency’s alleged role in allowing American corporations to illegally avoid paying billions of dollars in taxes at the same time the agency is cracking down on individuals and small businesses. In a letter to Treasury

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