One Expert’s Tax Day Message: Fight Profiteering by Hiking the Corporate Tax Rate | Common Dreams
The U.S. Congress should hike taxes on corporations that have been raising prices to increase profits.
Americans
Biden targets wealthy in Pennsylvania tour with a hometown visit
Joe Biden is starting a tour in Pennsylvania, where he plans to push for higher taxes on the wealthy and corporations. Pennsylvania is a crucial state with swing voters, and in the 2024 election, Biden is facing a rematch against Donald Trump. Despite economic concerns, Biden is focusing on his populist economic message to win over blue-collar voters in the state. The state’s primary contests are scheduled for April 23. Critics are accusing Biden of not doing enough to address the crisis in Gaza.
TAX DAY REMINDER: Rep. Jen Kiggans (R-VA02) Is Determined To Hurt the Middle Class While Bailing Out Big Corporations and Billionaires
Fact: Jen Kiggans and House Republicans are accused of planning to rig the tax code to benefit the well-off and well-connected at the expense of middle class families if they maintain the majority.
Opinion: Why do you pay higher taxes than Citibank? – New Jersey Globe
– Millions of Americans file their tax returns by April 15 as a civic responsibility
– Giant corporations like Nike and FedEx find ways to pay less in taxes despite earning record profits
– New Jersey is proposing to reverse a corporate tax cut for companies making over million in annual profits
– Many large corporations pay lower tax rates than the average household, with some even avoiding taxes entirely
– Corporations use tax avoidance strategies to hoard wealth for shareholders and executives
– New Jerseyans oppose the expiration of a Corporate Business Tax surcharge on profitable corporations to help pay for NJ Transit
– States need to challenge corporate tax avoidance and invest in core infrastructure
– Corporations prioritize maximizing profits over the public good through tax avoidance
– New Jersey legislators are urged to reinstate the full surtax on profitable mega corporations and close tax loopholes to ensure corporations pay their fair share in taxes.
Your tax refund could be delayed — possibly for years: What to do if it happens to you
The text discusses how some Americans who qualify for a tax refund from the IRS may experience delays in receiving their payment, possibly waiting for years.
Guest Op-Ed: California Needs Higher Taxes on Corporations and the Wealthy – Beyond Chron
President Biden proposed to reverse the 2017 Trump tax cuts for the wealthiest Americans by raising the corporate tax rate, denying tax breaks for corporations whose CEOs earn more than million in annual compensation, and requiring billionaires to pay at least 25 percent of their income in taxes.
Small business owners ask U.S. House tax writers to extend Trump-era deductions • Michigan Advance
Economists and small business owners are urging U.S. lawmakers to extend or make permanent the Trump-era tax cuts, particularly the deductions that allowed them to reinvest in their operations.
Despair makes young US men more conservative ahead of election
A global survey showed a surge in despair and disillusionment with established politics, particularly among young American men, who were the only U.S. population group to turn more conservative over the past decade.
EXPLAINER-Trump says migrants are fueling violent crime. Here is what the research shows
Donald Trump is blaming migrants in the U.S. illegally for fueling violent crime as part of his campaign to win back the White House, repeating rhetoric used during his previous run for the presidency. Studies show immigrants are not more likely to engage in criminality.
New Jersey Governor Phil Murphy Betrays No Tax Increase Promise, Returns to Tax-and-Spend Ways – Americans for Tax Reform
New Jersey Governor Phil Murphy’s budget proposal includes record spending and a return to pushing tax hikes. The proposal also involves reinstating a corporate tax surcharge, implementing a truck traffic excise fee, and diverting funds from a debt relief account. Despite promises not to raise taxes, the governor’s budget would still face a structural deficit. Governor Murphy’s first term also featured growing budgets and annual tax hikes.