Washington state beat back efforts to repeal both a capital gains tax and a payroll tax that funds long-term care insurance. Illinois voters showed support for a tax hike on millionaires. Three red states passed paid leave.
In the lead-up to the 2025 tax debate, corporations with fat CEO paychecks and thin IRS payments are in the spotlight.
The three hotel chains hit with Labor Day strikes have all been spending more on stock buybacks than long-term investments or worker retirement security.
A new report reveals that nearly half of the 100 largest low-wage employers spent more on stock buybacks than on long-term capital investments over the past five years.
