Corporate tax cuts would be a major windfall for American corporations. For American workers, perhaps not so much. President Donald Trump and Republican lawmakers will focus their efforts on crafting tax legislation when Congress heads back to work next week. They...
In the U.S., 100 executives have more in their collective retirement accounts than the combined savings of the bottom 41% of all wage earners. With a whopping $4.7 billion in assets, that’s enough for these CEOs to sail off into the sunset on an average...
“Instead of sharing responsibility for addressing our nation’s fiscal challenges, corporations are rewarding CEOs for aggressive tax avoidance,” says Chuck Collins, a senior scholar at IPS who co-authored the report, in a written statement.