A 3.25% flat income tax is unlikely to be included in the upcoming budget. That’s according to the co-chairs of the Republican-led budget-writing committee in the state legislature. Representative Born […]
getting the “uber-rich” to pay their share
The top 7 wealthiest individuals in the U. S. have just accumulated over $1 Trillion between them, and only pay around 2-3% in taxes (vs. 15-18% of “typical” taxpayers), using […]
Corporate Lobbying Stymies Tax Reform
In a nod to the ongoing economic turmoil wrought by the COVID-19 pandemic, the U.S. Internal Revenue Service delayed the income tax filing deadline from April 15 to May 17. […]
2017 Tax reform helps corporations the most. Who knew?
The Tax Reform bill of 2017 was supposed to close loopholes which had allowed corporations to avoid paying taxes, but a study by Matt Gardner, Senior Fellow at the Institute […]
GOP Tax Bill: Robinhood In Reverse
As we broadcast, the U.S. Senate and the House of Representatives continue to hash out the differences between their versions of Republican tax overhaul legislation. At least two Republican Senators, […]
“Tax Reform” is big business’ dream come true
The new “Tax Reform”, currently flying through Congress, is the “Business Communities Wish List” come true. That’s according to University of Illinois professor Richard L. Kaplan. He talks with Jan […]
