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Tag Archives: #Financial Crisis

Robert Reich: Another tax scam for the rich

Robert Reich: Another tax scam for the rich

(Getty/mediaphotos) Hard to believe, but the Trump administration is proposing yet another massive tax windfall for the rich. It would be to reduce their capital gains taxes. Those are taxes on the increased value of their stocks and bonds, businesses, and other valuables, when they

Wall Street bank deregulation, Crapo bill: House vote, details

Paul Ryan. Mark Wilson/Getty Images The House finalized on Tuesday the largest package of Wall Street banking reforms since the financial crisis, rolling back regulations on financial firms, from community banks to credit-reporting agencies. The legislation — most commonly referred to as the Crapo bill