tax

Transnational Corporations Provoke a Single Scream of Horror that Runs through the Vertebrae of the World

Quentin Matsys (The Netherlands), The Tax Collectors, c. 1525–1530. Within the United Nations, there is a little-known debate about the status of global tax regulation. In August 2023, UN Secretary-General António Guterres released a draft document called ‘Promotion of Inclusive and Effective International Tax Cooperation at the United Nations’. This document comes out of a […]

The Contradictions of Ronald Reagan’s America

As the memory of President Ronald Reagan’s administration recedes, estimation of his deeds grows, and for good reason. A cursory look at his end-of-office stats impresses the casual observer — 67%  increase in GDP, from $3 trillion in 1981 to $5 trillion in 1988, net job addition of about 18 million, reduction in the unemployment […]

Foolishness, Hypocrisy, the GOP and the IRS

Take your pick from two definitions of modern-day Republicans: foolish hypocrites or hypocritical fools. When it comes to America’s $32 trillion federal deficit, each one is as fitting as the other. They’re hypocrites for saying one thing and doing another. They’re fools because the actions they take are driving the deficit ever higher. Let’s listen […]

Another Look at the Financial Transactions Tax

Photo by Mika Baumeister on Unsplash A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening wealth divide to the rampant financialization of the economy, while eliminating taxes on income and sales. The debt ceiling crisis has again brought into focus the […]

Reverse the Accelerating Warfare State Before It’s Too Late!

The Military Budget, which devours over half of the entire federal government’s operational expenditures, has been exempted by Biden and the Congressional Republicans from any reductions in the debt limit deal just reached. Also exempted are hundreds of billions of dollars in yearly diverse corporate subsidies to big business freeloaders. Most of the cuts will […]

Letter to Tim Cook, Other Ultra-rich CEOs and Hedge Fund Titans

The victims of the devastating 7.8-magnitude earthquake in Turkey and Syria need your help now. The surviving families and children and those rescued alive from the rubble are in serious danger in affected wintertime impoverished regions. Refugees in other places fleeing their war-torn homelands are also suffering. International aid agencies are grossly insufficient for these […]

The Progenitor of Inequalities: Corporate Personhood vs. Human Beings

The word “inequality” is everywhere in the media. It usually refers either to race, gender, rich vs. poor, or other differences between human beings. Absent from the public debate is the biggest perpetrator of “inequality” against human beings – the corporate entity itself. Ever since 1886 when a U.S. Supreme Court reporter, in a headnote […]

IRS Winks at $50 Billion Tax Giveaway to the Rich

President Biden’s landmark Inflation Reduction Act earmarks $80 billion over the next ten years for the Internal Revenue Service (IRS). According to the Treasury, most of the money will be going toward increased enforcement—specifically, stopping rich Americans from cheating on their taxes. Yet the same agency has strangely signed off on a huge tax loophole […]

What to Expect from the Government in 2023? More of the Same

For those wondering what to expect from the government in 2023, it looks like we’re going to be in for more of the same in terms of the government’s brand of madness, mayhem, corruption and brutality. Digital prisons. Unceasingly, the government and its corporate partners are pushing for a national digital ID system. Local police […]