Tag Archives: tax avoidance

House Republicans Want to Protect Wealthy Tax Cheats

As the new House GOP majority tries over and over again to elect a Speaker, the already-glaring dysfunction of the 118th Congress is hard to miss. But as we watch the GOP caucus fight amongst itself and paralyze our government, we should be preparing for something even worse – House Republicans working together. They may disagree on who should be their leader, but House Republicans … Continue reading House Republicans Want to Protect Wealthy Tax Cheats »

Tax Avoidance is Making Inequality Worse

Last week we told you about the 2022 World Inequality Report, which outlines in stark detail just how bad income and wealth inequality have gotten around the world. In the US alone, the top 10% of earners now take home 45% of all income, while the bottom 50% takes just 13%. Wealth inequality is even worse, with the top 10% of wealth holders in the … Continue reading Tax Avoidance is Making Inequality Worse »