What Are Donor-Advised Funds and How Do They Work?
DAFs channel huge amounts of cash to ‘culture war’ groups – anonymously. Why do people get tax breaks for using them?
DAFs channel huge amounts of cash to ‘culture war’ groups – anonymously. Why do people get tax breaks for using them?
Tesla, Ford, Netflix, and T-Mobile are among scores of profitable U.S. firms that pay their top executives more than they pay in federal taxes.
Those firms not only paid less to the federal government than their top bosses between 2018-22— they paid less than nothing to Uncle Sam, instead receiving almost $2 billion in cumulative refunds.
The president’s plan for jobs, families, and health reflects the things most of us value. But it should spend more on those and less on the Pentagon.
Taxpayers are subsidizing donors who retain control of their wealth instead of sharing it through philanthropy.
We will not let your wealth come at the expense of our children’s future.
Concerns about warehousing charity dollars and tax subsidies for wealthy donors and perpetual foundations transcend partisan divide.
The one “loophole closing” Trump has proposed would actually reduce tax revenue- state tax revenue, that is.
Ordinary American taxpayers are subsidizing excessive CEO pay. These five reforms could help end these perverse incentives for executive excess.
Nearly 70 percent of voters in four battleground states support breaking up the big banks and eliminating loopholes that favor Wall Street executives.
After the election, we need to focus on forcing the next president to address inequality and fix our upside down tax code.
Revelations about Donald Trump’s tax returns — and the probability that he has paid no federal income tax for decades — should spur movements to fix our broken tax system.
$154 million of Stumpf’s pay, subsidized by taxpayers, qualified for this write-off between 2012 and 2015.
While candidates are busy ranting about Wall Street’s fat cats, taxpayers are left picking up their billion-dollar tab.
A new hire on Capitol Hill might be what we need to build a finance force that will close tax loopholes for the wealthy.