Tag Archives: Ron Wyden

Wyden Says Trillions in Taxes Dodged by Ultra-Rich Could Fund Social Security Until 2100

“The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years,” said Sen. Ron Wyden. “That’s where we ought to go to start making progress.”

By Jake Johnson. Published 9-11-2024 by Common Dreams

Photo: AFGE/flickr/CC

The Democratic chair of the Senate Finance Committee said during a hearing Wednesday that instead of tossing Social Security’s sacred guarantee “in the trash” by cutting benefits, lawmakers should crack down on mega-rich tax dodgers as a way to keep the New Deal program fully solvent for decades to come.

“The ultra-wealthy are avoiding nearly $2 trillion in taxes every 10 years,” Sen. Ron Wyden (D-Ore.) said during a Senate Budget Committee hearing. “That is enough to keep Social Security whole till the end of this century.”

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Rights Groups Warn Senate-Passed Online Safety Bill ‘Makes Kids Less Safe’

Sen. Ron Wyden echoed their concerns that “a future MAGA administration could still use this bill to pressure companies to censor gay, trans, and reproductive health information.”

By Jessica Corbett. Published 7-30-2024 by Common Dreams

Photo: Skokie Public Library/flickr/CC

As the U.S. Senate on Tuesday overwhelmingly passed legislation intended to better protect children on the internet, rights groups renewed their intense criticism of parts of the package.

The Senate voted 91-3 on the Kids Online Safety and Privacy Act (KOSPA), which includes the Children’s and Teens Online Privacy Protection Act (COPPA 2.0) as well as the controversial Kids Online Safety Act (KOSA), which opponents say “makes kids less safe.”

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Amid Spying Fight, House Passes Fourth Amendment Is Not For Sale Act

“As FANFSA and the 702 reauthorization move to the Senate, lawmakers in that chamber need to take a stand for the rights of people in the United States,” said one advocate.

By Jessica Corbett. Published 4-17-2024 by Common Dreams

The U.S. House of Representatives passed the Fourth Amendment Is Not For Sale Act on April 17, 2024. Image: PickPik

While applauding the U.S. House of Representatives’ bipartisan passage of a bill to ensure that “law enforcement and intelligence agencies can’t do an end-run around the Constitution by buying information from data brokers” on Wednesday, privacy advocates highlighted that Congress is trying to extend and expand a long-abused government spying program.

The House voted 219-199 for Fourth Amendment Is Not For Sale Act (FANFSA), which won support from 96 Democrats and 123 Republicans, including the lead sponsor, Rep. Warren Davidson (R-Ohio). Named for the constitutional amendment that protects against unreasonable searches and seizures, H.R. 4639 would close what campaigners call the data broker loophole.

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GOP Leaders Push Judiciary to Ignore Policy Designed to End ‘Judge Shopping’

“Look who just came out and said it: We’re against the fair and impartial administration of justice,” said one civil rights attorney.

BY Julia Conley. Published 3-15-2024 by Common Dreams

Senator Mitch McConnell of Kentucky speaking at CPAC in 2014. Photo: Gage Skidmore/flickr/CC

Republican lawmakers on Thursday signaled they want to stop judges from following a new judicial policy unveiled this week that’s aimed at curbing what one journalist called “one of the most outrageous aspects of the American legal system.”

In a letter to the chief justices of U.S. district courts across the country on a new rule regarding the practice of “judge shopping,” Senate Minority Leader Mitch McConnell (R-Ky.) joined Sens. John Cornyn (R-Texas) and Thom Tillis (R-N.C.) in advising the judges that “Judicial Conference policy is not legislation.”

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Senate GOP Blocks Effort to Federally Protect IVF Access

“Remember this the next time they claim to care about freedom and family,” said one Democratic lawmaker.

By Brett Wilkins. Published 2-28-2024 by Common Dreams

Senator Cindy Hyde-Smith. (Official U.S. Senate photo by Karsyn Meyerson)

Democratic U.S. lawmakers and reproductive rights defenders on Wednesday blasted congressional Republicans and former U.S. President Donald Trump after a GOP senator blocked a bill to protect access to in vitro fertilization a week after Alabama’s right-wing Supreme Court ruled that frozen embryos are children.

Sen. Cindy Hyde-Smith (R-Miss.) objected to a request to pass by unanimous consent a bill introduced by Sens. Tammy Duckworth (D-Ill.) and Patty Murray (D-Wash.) to federally protect IVF access, claiming that the bill is “a vast overreach that is full of poison pills that go way too far.”

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Tracking of Planned Parenthood Visits ‘Should Terrify Every Single American’

Sen. Ron Wyden warns that “if a data broker could track Americans’ cellphones to help extremists” send ads to clinic visitors, “a right-wing prosecutor could use that same information to put women in jail.”

By Jessica Corbett. Published 2-14-2024 by Common Dreams

Planned Parenthood- Manitowoc, WI. Photo: Michael Steeber/flickr/CC

U.S. Sen. Ron Wyden and privacy rights advocates this week are sounding the alarm about an anti-abortion group using cellphone location data to send misinformation to people who visited hundreds of Planned Parenthood clinics across the country.

“If a data broker could track Americans’ cellphones to help extremists target misinformation to people at hundreds of Planned Parenthood locations across the United States, a right-wing prosecutor could use that same information to put women in jail,” Wyden (D-Ore.) said in a statement Tuesday.

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$8.5 Trillion in Untaxed Assets: Data Shows Why ‘We Need a Billionaire Income Tax’

“While most Americans predominantly live off the income they earn from a job—income that is taxed all year, every year—the very richest households live lavishly off capital gains that may never be taxed.”

By Jake Johnson. Published 1-4-2024 by Common Dreams

Elon Musk, CEO of SpaceX and Tesla. Photo: Daniel Oberhaus/flickr//CC

An analysis released Wednesday shows that in 2022, the wealthiest people in the United States collectively held a “staggering” $8.5 trillion in wealth that is not—and might never be—subject to taxation.

Examining recently released data Federal Reserve data for 2022, Americans for Tax Fairness (ATF) found that the roughly 64,000 U.S. households with at least $100 million in wealth—less than 0.05% of the population—controlled more than one in every six dollars of the country’s “unrealized gains,” profits that aren’t taxable until the underlying asset, such as a stock position, is sold.

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Fresh Calls for Stock Trading Ban After US Lawmakers Beat Market in 2023

“Members of Congress should not be allowed to trade stock,” said one former congressional candidate. “It’s corruption.”

By Jessica Corbett. Published 1-3-2024 by Common Dreams

Screenshot: Yahoo Finance

A financial watchdog group on Tuesday released its annual report on congressional stock trading, which shows that “Congress blew the market out of the water” in 2023, fueling fresh calls for a ban targeting U.S. lawmakers and their immediate family members.

“Members of Congress shouldn’t be allowed to trade stocks of the companies they regulate for the same reasons referees aren’t allowed to bet on the games they officiate,” Melanie D’Arrigo, a former Democratic congressional candidate who is now executive director of the Campaign for New York Health, said in response to the Unusual Whales report.

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Exposé of ‘Scandalous’ US Spying Sparks Calls for Congress to Act

“These new details add up to a horrifying picture that proves the need for Congress to… enact comprehensive privacy protections for Americans before reauthorizing any spying powers,” said one campaigner.

By Jessica Corbett. Published 11-20-2023 by Common Dreams

A U.S. senator is sounding the alarm about a “long-running dragnet surveillance program” enabling law enforcement to :request often-warrantless searches of trillions of domestic phone records.” Photo: Ivan Radic/flickr/CC

Privacy advocates on Monday renewed demands for swift congressional action on government surveillance in response to new WIRED reporting on a federally funded program through which law enforcement obtains phone records from AT&T.

“This is a long-running dragnet surveillance program in which the White House pays AT&T to provide all federal, state, local, and tribal law enforcement agencies the ability to request often-warrantless searches of trillions of domestic phone records,” U.S. Sen. Ron Wyden (D-Ore.) wrote Sunday in a letter to Attorney General Merrick Garland, which WIRED obtained and published in full.

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‘Serious Ethics Issue’: Wealthy Friend Forgave Up to $267K of Luxury RV Loan for Clarence Thomas

The Senate Finance Committee chair said he “should inform the committee exactly how much debt was forgiven and whether he properly reported the loan forgiveness on his tax returns and paid all taxes owed.”

By Jessica Corbett. Published 10-26-2023 by Common Dreams

U.S. Supreme Court Justice Clarence Thomas . Screenshot: ABC News

The U.S. Senate Finance Committee on Wednesday released a report detailing how embattled Supreme Court Justice Clarence Thomas may have had a substantial amount of a loan for a luxury RV forgiven by a wealthy friend—which one watchdog called “a serious ethics issue.”

The panel’s probe was sparked by New York Times reporting from August about Anthony Welters loaning Thomas money to buy a used Prevost Le Mirage XL Marathon, or “the Rolls-Royce of motor coaches,” which cost $267,230 in 1999. Welters told the newspaper that “the loan was satisfied” and provided a photograph of the title with his signature and a handwritten “lien release” date of November 22, 2008.

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