Article • Dean Baker’s Beat the Press
The Perfect Gift for Trump’s Friends in the Oil Industry: A Windfall Profits Tax
A windfall profits tax would let Americans share in the oil industry’s huge gains from the Iran war.
Taxes
Article • Dean Baker’s Beat the Press
Land Value Taxes and Progressive Property Taxes: Two Great Taxes that Go Great Together!
A land value tax avoids distorting incentives but can be regressive, making a combined approach with progressive property taxes a more balanced solution.
Article • Expose the Heist: Power and Policy in Unprecedented Times
Trump Republicans are Defunding the Tax Police, Making America Great for Rich Tax Cheats
Thanks to the Republican war on the IRS, billionaire tax cheats are breathing easier.
Article
Make Taxes Progressive and Collectable
Over the last half century, our tax system has become less progressive. There are simple ways to fix this to ensure that the rich pay their fair share.
Article • Dean Baker’s Beat the Press
Donald Trump’s Big Wealth Tax
Market losses driven by economic uncertainty and policy choices are cutting into billionaire wealth, effectively acting as a de facto wealth tax while exposing contradictions in attitudes toward inequality.
Article • Dean Baker’s Beat the Press
Trump Is Confused Again: He’s Bringing Prices Up
Rising import prices, higher wholesale inflation, and policy-driven cost increases point to mounting inflation pressures that contradict earlier promises to bring prices down.
Article • Dean Baker’s Beat the Press
Cracking Down on Corporate Tax Scams
Corporate tax avoidance schemes reduce effective tax rates far below the statutory level, but requiring firms to give the government non-voting shares could largely eliminate these scams.
Article • Dean Baker’s Beat the Press
Thoughts on the Delayed SCOTUS Ruling on Trump’s Tariffs
The Court’s pause likely signals concern about how future Trump tariffs should be handled during litigation, not doubt about striking them down.
Article • Dean Baker’s Beat the Press
All in On California’s Big Tax on Billionaires
A proposed California wealth tax could raise massive revenue from billionaires, but its real test is whether it can survive avoidance, lawsuits, and deeper structural inequality.
Article • Dean Baker’s Beat the Press
Donald Trump’s $300 Billion Temper Tantrum Over Canada
Trump’s retaliation against Canada could impose one of the largest tax increases in US history, costing households about $2,400 a year.
