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prices
Trump Tax Scam 2.0 Decried as 'Permission Slip' for Corporate Price-Gougers to Continue 'Ripping Off' Americans
"Since Trump slashed the corporate tax rate, they've paid shareholders more than $3 for every $1 they paid Uncle Sam," according to one author of the report.
Apr 09, 2025
As Republicans in Congress press ahead with a tax cuts plan that would disproportionately benefit the wealthy and could cost $7 trillion over the next decade, the progressive think tank and advocacy group the Groundwork Collaborative released a report on Wednesday making the case that in the wake of tax cuts enacted during U.S. President Donald Trump's first term, "corporations prioritized enriching shareholders over affordability, directly fueling the inflationary pressures burdening American households today."
The brief focuses on 11 major corporations that provide essentials like food, housing, and healthcare—including well-known brand names like General Mills, AutoZone, and Comcast.
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Trump Follows Through With High Tariffs on Canada, Mexico, and China
"It's 'tariff-ying' and nauseating to watch President Trump and his Republican allies in Congress celebrate as they impose tariffs that will raise costs for the rest of us," one advocate said.
Feb 01, 2025
U.S. President Donald Trump signed three executive orders on Saturday following through on his promise to impose 25% tariffs on goods from Mexico and Canada and 10% tariffs on goods from China, a measure that targets the nation's three largest trading partners.
The tariffs are set to go into effect on Tuesday, according to The Associated Press. The orders contained no language allowing for the negotiation of exceptions; however, Canadian energy products including oil and gas will only face a tariff of 10%.
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'Unthinkable': Trump FTC Chair Shuts Down Public Comments on Corporate Pricing Tactics
"Chairman Ferguson could have done any number of things to actually lower the cost of living and create opportunities for American businesses and workers," said one Democratic FTC commissioner. "He did none of them."
Jan 24, 2025
U.S. President Donald Trump's Federal Trade Commission chair began his stint at the helm of the key agency this week by shutting down requests for public comment on corporate surveillance pricing and other exploitative tactics that were a focus of the FTC under the leadership of Lina Khan.
Shortly after taking over as FTC chair earlier this week, Andrew Ferguson declared that "DEI is over" at the agency and demanded a swift vote on a motion giving him sweeping authority to "comply with President Trump's orders ending DEI across the federal government."
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