Act NOW to Stop Dangerous Tax Proposal—House Vote Tomorrow

posted in: Tax Policy, Uncategorized | 1

From Keystone Research Center/Pennsylvania Budget and Policy Center (https://krc-pbpc.org/): Some legislators in Harrisburg are proposing adding the “Taxpayer Bill of Rights” (TABOR) to the Pennsylvania Constitution. Use our action- Stop this now at https://www.congressweb.com/PBPC/7/! We’ve warned about this dangerous amendment … Continued

Sign Petition—Tell Congress to Close the Estate Tax and Gift Tax Loopholes

From Americans for Tax Fairness (https://americansfortaxfairness.org/): America’s wealthiest family dynasties―like the Waltons and Kochs―are set to pass $21 trillion on to their heirs over the next two decades virtually tax free, according to a new report from Americans for Tax … Continued

‘Class Warfare’ in Action: Amazon Dodged $5.2 Billion in Taxes in 2021

Posted at https://www.commondreams.org/news/2022/02/08/class-warfare-action-amazon-dodged-52-billion-taxes-2021 “Amazon’s 6% tax rate is a result that lawmakers have enabled and could prevent if they summon the political will to do so,” said one expert. JAKE JOHNSON February 8, 2022 An analysis released Monday shows that Amazon … Continued

Report: PA Scholarship Tax Credit Lacks Transparency

Posted at https://www.publicnewsservice.org/2022-02-07/education/report-pa-scholarship-tax-credit-lacks-transparency/a77728-1 February 7, 2022 – Emily Scott, Public News Service (PA) Play Audio in Browser Window A corporate tax break in Pennsylvania funding scholarship programs for K-12 private and religious schools lacks sufficient data to determine its success, … Continued

Tax-Dodging Billionaire Dynasties Could Cost US $8.4 Trillion: Report

Posted at https://www.commondreams.org/news/2022/02/02/tax-dodging-billionaire-dynasties-could-cost-us-84-trillion-report The wealth-hoarding by ultrarich families would be equivalent to over four Build Back Better plans. JESSICA CORBETT February 2, 2022 Over the next few decades, the richest American families could avoid paying about $8.4 trillion in taxes, or … Continued