The current turmoil in British politics can lead to disastrous consequences. It also mirrors the current state of the wider West Even fervent believers in the stability of Western democracies must surely have had their faith shaken last week by the extraordinary economic and political crises created by the newly-minted …
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US House Democrats have staged a plan to fund trillions of dollars by raising taxes on the rich and on profitable corporations. US media reported on Monday that the House Ways and Means Committee was as always focused on raising income tax to pay for the party’s $3.5 trillion social …
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Former US President Donald Trump on Wednesday challenged in court last week’s U.S. Justice Department order to turn his tax returns over to a House of Representatives committee, part of his long campaign to keep details of his wealth secret. In a filing in federal court in the District of …
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Details claiming to reveal how little income tax US billionaires pay have been leaked to a news website. ProPublica says it has seen the tax returns of some of the world’s richest people, including Jeff Bezos, Elon Musk, and Warren Buffett. The website alleges Amazon’s Mr. Bezos paid no tax …
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US President Donald Trump’s businesses reported losses of $1.17 billion from 1985 to 1994, The New York Times reported Tuesday, citing information from tax documents from those years. It appears Trump lost more money than nearly any other individual US taxpayer year after year, the Times reports, according to the …
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