Tag Archives: corporate tax

Corporate Tax Cuts Help No One But The Wealthy

We’ve known for a while that next to none of the spoils from the 2017 Trump tax bill’s infamous corporate tax cut trickled down to workers. But now, thanks to recent reporting from some of our allies, we’re more certain than ever that the cut’s benefits instead gushed up to wealthy shareholders like many of us. One of the major provisions of the 2017 Tax … Continue reading Corporate Tax Cuts Help No One But The Wealthy »

Netflix paid 1.1% in taxes last year

It’s no secret that the rich and powerful are able to avoid paying their fair share in taxes, but it’s still occasionally stunning to see just how much tax avoidance they get away with. This week, we saw two bombshell reports released by tax justice organizations laying out how both major corporations and ultra-wealthy families are able to pay basically nothing in taxes. On Tuesday, … Continue reading Netflix paid 1.1% in taxes last year »