The reality is that the corporations with their minions of tax accountants and lawyers will dismantle this, like they usually do to every bit of legislation that ever gets proposed to level the financial playing field. Financial inequality is probably the biggest issue facing us, but gets little or no serious coverage in our predominately capitalist press.
https://www.reddeeradvocate.com/opinion/gwynne-dyer-g7-countries-to-crea...
Where's the money - exactly!
Noam Chomsky: The Elites Are Fighting a Vicious Class War All the Time
https://jacobinmag.com/2021/06/noam-chomsky-class-war-universal-health-c...
If they can't even get a democratic voting process in the USA, what chance do they have about getting more corporate taxes? If you say zero, you are probably 100% correct!
Global corporation tax reform: what are the key issues in G7 negotiations?
Here are the details behind the talks over Joe Biden’s proposals for a minimum corporate tax rate
https://www.theguardian.com/business/2021/jun/03/global-corporation-tax-...
It’s Not Just Income Taxes. Billionaires Don’t Pay Inheritance Taxes Either.
As a Trump adviser once said, only “morons” would do that.
https://www.motherjones.com/politics/2021/06/propublica-billionaires-inc...
The secret IRS files: Trove of never-before-seen records reveal how wealthiest avoid income tax
https://www.usatoday.com/story/money/2021/06/10/propublica-tax-leak-irs-...
‘These revelations make me sick’ — Cramer suggests a billionaire surtax after ProPublica bombshell
https://www.cnbc.com/2021/06/11/cramer-suggests-billionaire-surtax-after...
There are other reasons as well, but no wonder Trump fought, and is still fighting tooth and nail, to keep his taxes secret from the American public, after all only idiots would pay taxes, eh!
How the Federal Reserve Is Increasing Wealth Inequality
The Fed’s low-interest-rate policies have stabilized the economy and turbocharged the stock market. But those who don’t own lots of stocks haven’t benefited anywhere near as much as those who do.
https://www.propublica.org/article/how-the-federal-reserve-is-increasing...
Yes the article is dated as if that matters, as the gap is surely much worse now.
America's Growing Income Gap, by the Numbers
Some important statistics on the growth of income inequality over the past three decades.
https://www.propublica.org/article/the-u.s.s-growing-income-gap-by-the-n...
"The richest 25 Americans pay much lower share of their incomes in federal taxes than the rest of us do. We permit them and their paid politicians* to keep that system going. They laugh at us."
https://twitter.com/profwolff/status/1403746162927038464
'Nothing will fundamentally change': Joe Biden to rich donors
Dismantle All of This Stuff.
https://lareviewofbooks.org/article/dismantle-all-of-this-stuff-a-conver...
True to form, the pigs at the trough don't want to share anything with the 99 per cent of us
https://www.wsj.com/articles/low-taxes-brought-ireland-prosperity-a-glob...
The one per cent freakout!
https://www.barrons.com/articles/global-minimum-corporate-tax-rate-51623...
The one percenters freakout!
https://www.barrons.com/articles/global-minimum-corporate-tax-rate-51623...
Our labour movement needs to acquire a TV Channel and put Noam Chomsky and other kindred souls on 24/7
Why are we not already doing that?
'They've turned into raging monsters': Noam Chomsky links GOP lies to Nazi propaganda
Noam Chomsky: "Those responsible for the neoliberal disaster will do anything to make their world last."
https://www.les-crises.fr/noam-chomsky-les-responsables-du-desastre-neol...
