Amazon—and 56 Other Corporations—Took Your Tax Dollars “Sixty profitable corporations paid no federal taxes in 2018, twice the number that typically paid nothing in the years before the 2017 tax breaks took effect. In fact, it’s worse than that. Fifty-seven of these corporations demanded rebates from the government – which means taxpayers like you and me paid them to exist. These are corporations on the dole. They claim to hate socialism if it means Medicare for All, but they sure as hell love socialism when it’s welfare for them.” ” Last year, individual taxpayers provided more than half of federal income tax revenue and corporations contributed only 7 percent. Just four years ago, corporations accounted for 11 percent and individual taxpayers 47 percent. ” As you can see in the following chart, the percent of revenue coming from Payroll taxes and Individual income taxes has increased, while the percent coming for the Corporate Income Tax has decreased.
Jimmy Carter Took Call About China From Concerned Donald Trump: ‘China Has Not Wasted a Single Penny on War’ Carter says that the U.S. has enjoyed only 16 years free from war in its 242 year history and recently spent $3 trillion on wars, while China has been war-free. No wonder China is overtaking the U.S.
Pentagon Spending Set to Hit Near-Record Levels, But ‘Establishment Says We Can’t Afford’ Progressive Policies
Socialism for the Rich, Capitalism for the Rest “Around 60 percent of America’s wealth is now inherited. Many of today’s super-rich have never done a day’s work in their lives. Trump’s response has been to expand this divide by cutting the estate tax to apply only to estates valued at over $22 million per couple. Mitch McConnell is now proposing that the estate tax be repealed altogether.”
A C.E.O. Who’s Scared for America Capitalism, he says, is slowly committing suicide.
Forbes: Report: The Department Of Education Has Spent $1 Billion On Charter School Waste And Fraud
Charter Schools Are Scamming the U.S. Government
Analysis: Koch Brothers Could Get Up To $1.4 Billion Tax Cut From Law They Helped Pass
Adelson plows $30 million of his $670 million tax windfall back into keeping Congress in GOP hands
The Trump tax law has big problems. Here’s one big reason why
Washington Again Rated Worst For Tax System If You’re Poor In Washington, the poor pay the most in U.S. in taxes. Rich people are getting a way better deal, according to a new study.
According to the nonpartisan Institute on Taxation and Economic Policy, Washington households that earn $24,000 or less per year pay almost 18 percent of their income in taxes.
The top 1 percent, households that earn $549,000 or higher per year, pay just 3 percent of their income in taxes.
GOP Tax Scam leads to U.S. budget deficit 40% higher than last year
Donald Trump nominates man whose firm tripled price of insulin to regulate drug companies
Amazon paid no federal taxes for the second year in a row
Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits
Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00.
According to a report published by the Institute on Taxation and Economic (ITEP) policy Wednesday, the e-tail/retail/tech/entertainment/everything giant won’t have to pay a cent in federal taxes for the second year in a row.
This tax-free break comes even though Amazon almost doubled its U.S. profits from $5.6 billion to $11.2 billion between 2017 and 2018.
Why Medicare-for-All would save money
U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes
PolitiFact says it’s true: Top hedge fund managers make more than all kindergarten teachers combined
As inequality grows, so does the political influence of the rich Concentrated wealth leads to concentrated power
China imports zero U.S. soybeans in November for first time since trade war started
Taxpayers Will Pay for $12 Billion in Aid to Farmers to Cover Losses Caused by Trump’s Tariffs
Federal Deficit Jumps 17 Percent As Tax Cuts Eat Into Government Revenue
Bolton Threatens to Force Africa to choose between US and China The “West’s” political economies are spent forces, incapable of either keeping up with China’s phenomenal domestic growth — which should be seen as Beijing’s re-assumption of its historical status as the center of the world economy — or of competing with China in what used to be called the Third World. The system is collapsing at its imperial center, the United States, which is incapable of investing in its own crumbling infrastructure. Nor can the US maintain its non-military federal agencies, including the Internal Revenue Service.
Chinese billionaire Jack Ma says the US wasted trillions on warfare instead of investing in infrastructure
Verizon Trims 10,000 Employees Despite Billions in Tax Cuts and Government Favors “Killing net neutrality in particular was supposed to spur both job growth and investment.”
The Golden Age of Rich People Not Paying Their Taxes “An eight-year [Republican-led] campaign to slash the IRS’s budget has left the agency understaffed, hamstrung, and operating with archaic equipment. The result: a hundred-billion-dollar heist.” I have a friend who works as an examiner for the IRS; he said the same thing: they’re woefully understaffed.
Inside the Secretive World of Tax-Avoidance Experts
The Reason Many Ultrarich People Aren’t Satisfied With Their Wealth
Your Property Tax Hikes Are Charity for an Important Protected Minority – The Very Wealthy
I support higher taxes. The billionaire behind national debt clock has had it with Trump
Harley-Davidson is Moving Jobs Offshore Despite Tax Cuts and Subsidies
Amazon paid no US income taxes for 2017
The Great Kansas Tax Cut Experiment Crashes And Burns From Forbes. “After four years of below-average growth, deepening budget deficits, and steep spending reductions, the GOP-dominated Kansas legislature has repealed many of the tax cuts at the heart of Governor Sam Brownback fiscal agenda.”
The 1% grabbed 82% of all wealth created in 2017 From CNN
Billionaires Made So Much Money Last Year They Could End Extreme Poverty Seven Times
(From Time magazine!)
Billionaire Bill Gates Says He Should Pay ‘Significantly Higher’ Taxes
Who Pays? A distributional analysis of the tax systems in all 50 states Washington State’s tax system is the most regressive.
The Billionaire Bonanza: 5 Things You Need To Know About The Inequality Gap
There are now 2,043 dollar billionaires worldwide. Nine out of 10 of them are men.
In 12 months, the wealth of this elite group of 2,043 has increased by $762 billion — enough to end extreme poverty seven times over.
In the period between 2006 and 2015, ordinary workers saw their incomes rise by an average of just 2 percent a year, while billionaire wealth rose by nearly 13 percent.
Bill Gates, Jeff Bezos and Warren Buffett, the three richest people in the U.S., own the same wealth ($248.5 billion) as the bottom half of the U.S. population.
Wall Street bonuses soar 17% to an average of $184,200
Wall Street Bankers’ Average Bonus Jumps to Highest Since 2006
Wisconsin’s Voter-ID Law Suppressed 200,000 Votes in 2016 (Trump Won by 22,748)
Wall Street bonuses soar 17% to an average of $184,200
Wall Street Bankers’ Average Bonus Jumps to Highest Since 2006
Bill Gates: The private sector is completely inept “Since World War II, U.S.-government R&D has defined the state of the art in almost every area.”
Nation’s top 1 percent now have greater wealth than the bottom 90 percent
15,000 scientists issue dire warning that “time is running out” on climate change
The desperate inequality behind global tax dodging
Why have we built a paradise for offshore billionaires?
World’s witnessing a new Gilded Age as billionaires’ wealth swells to $6tn
George Carlin on why America fights wars (first part)
I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth.
Our Broken Economy, in One Simple Chart
Why drug tests for welfare recipients are a waste of money
I’m an American living in Sweden. Here’s why I came to embrace the higher taxes
In The Horrifying Hidden Story Behind Drug Company Profits and The Truth about the Drug Companies, a former Editor in Chief of the New England Journal of Medicine writes of the drug industry, “Instead of being an engine of innovation, it is a vast marketing machine. Instead of being a free market success story, it lives off government-funded research and monopoly rights.”
Fighting Back Against the White Revolt of 2016
Pentagon buries evidence of $125 billion in bureaucratic waste
An Exhaustive List of the Allegations Women Have Made Against Donald Trump
Proof You Shouldn’t Blame Teachers For The Achievement Gap
10 Taxpayer Handouts to the Super Rich That Will Make Your Blood Boil
Tax Avoidance On the Rise: It’s Twice the Amount of Social Security and Medicare
How U.S. companies are avoiding $695 billion in taxes
The interesting thing that happened when Kansas cut taxes and California hiked them
The 7 Biggest Myths and Lies About Social Security
Confronting the Parasite Economy
Yes, Hillary is a Neocon
Report: 74% Of Billionaire Wealth From Rent-Seeking
The Real Reagan
Ex-Reagan adviser: Fox News is ‘self-brainwashing’ Republicans into a radical fringe party
About 95 of the 100 poorest counties in America are in Republican states
35 Mind-Blowing Facts About Inequality
The Pentagon Lost $8.5 TRILLION of Taxpayers’ Money
10 Government Handouts That Prove Who The Biggest ‘Takers’ Actually Are
This Billionaire Governor Taxed the Rich and Raised the Minimum Wage. Now, His State’s Economy Is One of the Best in the Country
The Rich Hide an Estimated 21 Trillion in Offshore Accounts
They Myth Behind Defensive Gun Ownership
Bernie Sanders Exposes 18 CEOs who took Trillions in Bailouts, Evaded Taxes and Outsourced Jobs
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance
Look who doesn’t pay their fair share
CEO pay at Boeing, Ford exceeds companies’ tax bill
Washington State Is Flying Blind in a Storm of Corporate Tax Breaks
Microsoft doesn’t need our tax break
For-profit colleges get harsh grades by former students
Google Tax Avoidance
Where are Washington’s K-12 dollars? Just ask Microsoft shareholders
The Triggers of Economic Inequality
Another Study Finds Unaccountable Charter Schools Dogged by Corruption
Tax-subsidized Boeing Co. snubs state again
Eight things mainstream media doesn’t have the courage tell you
The Top Five Bank Bailouts We Never Heard About
Pro-Life? GOP Promotes Nine Out Of Ten Things That Cause Death In Unborn Children
Libertarian ‘Utopia’ Styled After Ayn Rand Book Spectacularly Falls Apart Almost Immediately
State-Level Tax Cuts Don’t Boost Job Growth, Study Says
Microsoft’s Staggering Tax Dodge Alone Would Fund the Entire State of Washington for Two Years
Microsoft Admits Keeping $92 Billion Offshore to Avoid Paying $29 Billion in US Taxes
Forbes: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance
10 Disgustingly Rich Companies That Will Do Anything To Avoid Paying Taxes
Reasons to oppose Hillary
Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion
United States Taxpayers Are Subsidizing Walmart
Rep. Grijalva Demands Federal Investigation into ALEC’s Role in Neo-Sagebrush Rebellion
Washington among the states with the best ‘return on investment’
Why Are Republicans Plotting To Sabotage A Crackdown On Tax Evasion?
Koch-backed political coalition, designed to shield donors, raised $400 million in 2012
Graph showing concentration of wealth into the top 0.1%
Add It Up: The Average American Family Pays $6,000 a Year in Subsidies to Big Business
The state that taxes the poor the most is a blue one (WA State)
The Self-Made Myth: The Truth About How Government Helps Individuals and Businesses Succeed
The 1 percent played Tea Party for suckers
Follow the Trillions (If You Can)
Medicare for all would save billions
Teaching people to hate their own government is at the core of the project to destroy the middle class
Eight Ways Privatization Has Failed America
We’re Taxing the Rich … and So Can You
Rich Entrepreneur: The Wealthy Aren’t Job Creators, Middle-Class Workers Are
What The Founding Fathers Thought About Corporations
Right-Wing Economics vs. Reality
Microsoft could find payoff, take high road by paying up taxes
We’re living in an Ayn Rand economy
The Biggest “Takers” and Societal Parasites Are the Rich, Not the Working Class and Poor
Apple Dodges Enough Taxes to Cover Much of the Sequester
In Blind Poll, Republicans Choose Progressive Budget Solutions Over Their Own Party’s
The U.S. Collects Smaller Percentage In Taxes Than Most Developed Countries: Study
If Corporations Don’t Pay Taxes, Why Should You?
F-35’s ability to evade budget cuts illustrates challenge of paring defense spending
Offshore Cash Hoard Expands by $183 Billion at Companies
Silicon Valley firms shelter assets overseas, avoid billions in U.S. taxes
65 Years of Tax Cuts for the Wealthy Created Record ‘Inequality’ Not ‘Prosperity,’ says Report
Romney’s Bain Closes U.S. Plant, Forces Workers to Train Chinese Replacements
10 Most Profitable U.S. Corporations Paid Average Tax Rate Of Just 9 Percent Last Year: Report
The Scam Wall Street Learned From the Mafia
Top US companies shelling out to block action on climate change
Ayn Rand-Loving Right Is Like Teen Boys Gone Crazy
Let’s just say it: The Republicans are the problem.
The Nation’s Take Action page
Six Rigged Rules Corporations Use to Dodge Taxes
Growth of Income Inequality Is Worse Under Obama than Bush
26 Major Corporations Paid No Corporate Income Tax For The Last Four Years, Despite Making Billions In Profits
Break Up the Big Banks, Says the Dallas Fed
The Rich Evade Taxes and We End Up Paying Their Share
10 Epic Failures of the Bush Tax Cuts
See a deceptive political ad? Report it!
Obama team sadly misinformed by job outsourcers
The Fireplace Deluision
How Ayn Rand Seduced Generations of Young Men and Helped Make the U.S. Into a Selfish, Greedy Nation
Dirt on Ron Paul
A rich American destroys the fiction that rich people create jobs
Washington Public Bank Project
Despite Supercommittee Failure, Republicans Intend to Get Their Pound of Flesh in 2012
Health Care: the Movie
America’s corporate tax obscenity
Email the 1% — Wall Street executives
Thomas Must Resign, Says Former Judge, Lover
Occupy Wall Street: The Right’s smear machine goes to work
The Occupy protests: A timely call for justice
North Dakota’s Economic Miracle
Panel tallies massive waste and fraud in wartime U.S. contracts
Why Amazon Can’t Make A Kindle In the USA
Barack Obama: more conservative than Richard Nixon?
Blast the Right (Jack Clark)
Why is the Most Wasteful Government Agency Not Part of the Deficit Discussion?
Sarah Palin: the Sound and the Fury
Infographic: One Day’s Worth of Millionaire Tax Cuts Would Feed Needy Families for a Year
Search Site Support the PJRC Fact Sheets & Flyers Afghanistan Contacts – House Afghanistan Contacts – Senate The Costs of Iraq and Afghanistan The Long Wars: Fatalities The Long Wars: Wounded Follow Tom on Twitter @TomEHayden NYT reported #Obama consi
Confidential Federal Audits Accuse Five Biggest Mortgage Firms Of Defrauding Taxpayers
Drop Fox News
FCC Commissioner Baker’s blatant conflict of interest
Alaska Lawyers Walk out in Protest of John Yoo
The Eleven Craziest Things Newt Gingrich Has Ever Said
Video: Sen. Sanders and Rep. McDermott Introduce Single-Payer Bills
Immigrants for Sale
BRICS: Shaking the world order
Alabama’s GOP Delegation Voted Against Funding for Tornado Forecasting
FAIR: Ignoring Trump’s record of racism
Close tax loopholes?
Al Jazeera: The African ‘Star Wars’ (on the quest for oil against China)
Rescue America — 4 point plan (Norman Goldman)
AP Pranked Into Printing Fake Story About GE’s “Generosity”
The ‘Judicial Independence’ of Justice David T. Prosser – A BRAD BLOG Special Investigation
The Solution: Close Tax Loopholes
Dumb Bill O’Reilly interviews Richard Dawkins
Mitt Romney Haunted By Past Of Trying To Help Uninsured Sick People
Need help choosing your religion?
Pay Your Taxes? These 10 Companies Didn’t.
Is it that scary and unpopular to close tax loopholes?
The Real Housewives of Wall Street
Washington Conservation Voters legislative scorecard
9 Things The Rich Don’t Want You To Know About Taxes
Justice Department Asks Spain Not to Prosecute U.S. Torturers
Comparing Public and Private Sector Compensation over 20 Years
How Amazon (like Boeing and GE and Microsoft…) avoids paying state sales taxes
Stop WikiLeaks torture (real-time signing)
Lawsuit filed over Basic Health cuts to poor people
To The American Media: Time To Face The Reality Of Election Rigging
Mike Huckabee Says He Wants Americans To Be Indoctrinated At Gunpoint
Bob Fitrakis on Ohio Republicans’ New Jim Crow Voter ID law that Disenfranchises 900,000 Voters
Koch Brothers Exposed
Meet Jim Messina, Obama’s ‘Enforcer’ Against Progressives
Stockman: Bush Tax Cuts Will Make U.S. Bankrupt
Smart ALEC: Dragging the Secretive Conservative Organization Out of the Shadows
Half a Million Protestors on the Streets of London; Silence in the US Media
General Electric: King of the Tax Dodgers
Inside Job: How Goldman Sachs got away with crimes
The Must See Chart (This Is What Class War Looks Like)
Phase-out for Washington’s Biggest Polluter
Koch And Native-American Reservation Oil Theft
Mother grieveing fallen US soldier
Wealth for the Common Good
Shoes for President Obama
Washington’s Environmental Priorities
Obama dodges calls to … stand with unions
More Evidence Wall Street pay at Near Record Levels
Gates Announces Extended U.S. Occupation in Afghanistan
Nation’s top 1 percent now have greater wealth than the bottom 90 percent
Where your income tax money really goes
Tax Rates for Top 400 Earners Fall as Income Soars, IRS Data
“Really Bad Reporting in Wisconsin”: Media Parroting Walker’s False Claims of Taxpayer “Subsidies” for Workers’ Pensions
What has the Republican Party done for the middle class?
House GOP vote unanimously to protect Big Oil subsidies
Capital Rivals: Koch Brothers vs. George Soros
Clever video: The Story of Citizens United v. FEC (2011)
Corporations don’t have ‘personal privacy’ rights, Supreme Court rules
Democracy for Vancouver
The DOJ’s creeping war on whistle-blowers
CNN oped: Prosecute Bush for Torture
Texas college kids could soon pack heat
The Forgotten Achievements of Government
Living Greedy: closing WA tax loopholes
Boeing exempt from sales tax.
It’s the Inequality, Stupid
Koch Brothers “Prank” No Laughing Matter
Shifting Responsibility: How 50 Years of Tax Cuts Benefited the Wealthiest Americans
Wisconsin Gov. Walker Ginned Up Budget Shortfall To Undercut Worker Rights
The Reagan Revolution Redux
Google’s true origin partly lies in CIA and NSA research grants for mass surveillance
“When congressional Republicans passed their so-called tax-reform bill, they preserved the deduction for charitable contributions even as they capped the deduction for state and local tax payments. Thus a hundred-million dollar gift to Harvard will still be fully deductible, while, in many parts of the country, the property taxes paid to support local public schools will not be.” — Elizabeth Kolbert, in The New Yorker, Aug, 27, 2018
Seattle taxes ranked most unfair in Washington — a state among the harshest on the poor nationwide
U.S. companies found ways to avoid taxes before tax cut bill -report “Fifteen U.S. corporations including online retailer Amazon.com Inc, power company Duke Energy Corp and insurer Prudential Financial Inc avoided U.S. tax on nearly $25 billion in combined profits last year, a tax watchdog group said on Tuesday.”