At least 88 of the largest corporations in America paid $0 in federal income tax for 2025. Corporate tax avoidance has increased at least in part due to President Trump's “One Big Beautiful Bill Act” and the 2017 Tax Cuts and Jobs Act.
Read more at: itep.org/88-profitabl...
As I’ve said: We elected the one person in the whole world who is NOT interested in reading the President’s Daily Brief.
From me ... President Trump has dramatically increased tariff taxes, enacted large tax cuts that primarily benefit the wealthy and corporations, dramatically curtailed IRS enforcement, and issued legally problematic regulations. Read more at: itep.org/year-one-of-...
Who is going to pay for this unpopular war against Iran, which is already tallied up at a cost of at least $200 billion?
@mettlinger.bsky.social argues that the rich and corporations should pay the costs through a temporary targeted tax. itep.org/the-rich-and...
There is truth to that. I will say though that a common problem with pollsters is that after a while they start to believe they know what the public thinks w/o the research and opine beyond the evidence. And they can drift from what the data actually show to fit their priors and preferences
Alphabet, Amazon, Meta, and Tesla collectively paid only a 4.9% federal income tax rate last year.
How did we get here?
Two rounds of tax changes from President Trump led to minuscule tax rates for these companies and many other profitable corporates.
itep.org/amazon-alpha...
In December of 2024 55% of Americans thought that Trump would "Keep the nation out of war." 41% thought he wouldn't. news.gallup.com/poll/654746/...
As we continue to track corporate disclosures for 2025, so far 234 companies have avoided $125 billion in federal income tax on $880 billion in profits. itep.org/corporate-ta...
It's sad that at this point I wouldn't be surprised if CBS is knowingly just propagating government disinformation with no motive other than to do service for the president. www.cbsnews.com/news/us-inte...
Democrats should immediately introduce legislation requiring all importers to pass any tariff refunds they receive on to their customers. Whether it can be implemented, I don't know, but they need to grab the ground.
I just watched this from December. I'd had it saved but hadn't seen it. I'm sure lots of you knew this already, but this drove home for me how inevitable was Minneapolis.
www.nytimes.com/video/us/100...
The jingoistic US media coverage of the Olympics is failing to report how badly we’re doing. medalspercapita.com
I am skeptical that there is a social media post that can create “understanding what is going on in the labor market.” Yes, the graph does not prove that “Everything is not fine”—still interesting when lined up against other claims, the nature of jobs in different industries, etc.
Musk gave 5 times as much to support to Republicans in the 2024 campaign as Tesla paid in federal income tax in the past 3 years.
www.axios.com/2025/06/05/m...
itep.org/tesla-report...
Of the 13 games in the NFL playoffs, a Trump state team will have only won one
Harris state teams against Trump state teams went 5-0 in the NFL playoffs
The last team from a Trump supporting state is out of the NFL playoffs
Having recently learned of two former colleagues at progressive organizations who have sold out, I just want to express my appreciation for those who haven't. Being cynical about whether the work is worthwhile is easy, as is finding excuses for taking lucrative jobs pushing a corporate agenda.
I wished they'd ask whether Emmer has a problem with Jefferson Davis and the heroism of the confederacy
I'm not sure the etymology of the word is what you think it is
