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Patriotic Millionaires urge global leaders to combat tax avoidance through wealth tax on world s billionaires

US investigates leak of records showing billionaires pay little tax

US investigates leak of records showing billionaires pay little tax ProPublica report measures tax take against total welath rather than income about 2 hours ago Andrew Edgecliffe-Johnson Amazon CEO Jeff Bezos is among the billionaires whose tax details have been published. Photograph: Sajjad Hussain/AFP via Getty Images   US tax authorities have launched an investigation into a leak of private records of billionaires including Warren Buffett, Jeff Bezos, Mike Bloomberg, George Soros and Elon Musk that showed many of them have paid little tax even as their wealth ballooned. ProPublica published details of what it called “a vast trove of Internal Revenue Service data” covering more than 15 years of tax returns from thousands of the wealthiest Americans. The non-profit investigative journalism outlet did not disclose the source of the leak.

Progressives blast Biden s infrastructure offer to GOP: $2 trillion was already the compromise

Progressives blast Biden s infrastructure offer to GOP: $2 trillion was already the compromise Salon 1 hr ago © Provided by Salon Joe Biden U.S. President Joe Biden walks to the White House residence upon exiting Marine One on January 29, 2021 in Washington, DC. President Biden traveled to Walter Reed National Military Medical Center to visit with wounded service members. Drew Angerer/Getty Images A potential progressive revolt is brewing over President Joe Biden s compromise offer to Senate Republicans on infrastructure, a proposal that would leave in place the corporate tax rate established under the Trump administration and cut the original $2.2 trillion American Jobs Plan in half.

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