Thursday, July 24, 2025

Tag: billionaires

Trump’s top tax official built career helping billionaires dodge taxes

Ken Kies, a longtime lobbyist for major corporations and the ultra-wealthy, now leads the Treasury’s tax policy office under Trump—just as Republicans push for new tax cuts benefiting the richest Americans.

The rage of billionaires and the frenzy to stop Zohran Mamdani...

That strategy is now striking fear into the hard hearts of insatiably greedy billionaires.

Trump’s ‘big beautiful bill’ slashes healthcare and food aid while delivering...

New CBO analysis confirms steep losses for poorest Americans under GOP-backed plan as Medicaid, SNAP, and public programs are gutted to fund tax cuts for the top 1 percent.

GOP tax cuts for the rich advance as Republicans push record-breaking...

As House Republicans approve tax breaks for the wealthy, they simultaneously move to gut Medicaid and food assistance, rejecting all amendments to protect vulnerable Americans.

‘Grotesque spectacle’: CEO pay skyrockets 50% as worker wages stagnate

Oxfam analysis reveals global CEOs now earn 56 times more than average workers as corporate profits surge and economic inequality deepens on International Workers’ Day.

Heard about buy-borrow-die? Meet buy-hold for decades-sell

We don’t need to just close the buy-borrow-die loophole. We desperately need to shut the buy-hold for decades-sell loophole just as firmly.

Billionaire wealth hits $10 trillion as Sanders warns of oligarchic rule

As the world’s wealthiest accumulate unprecedented riches, concerns mount over the impact of wealth inequality on democracy and society.

The Oligarchic Dozen: Top 12 US billionaires amass $2 trillion in...

The wealth of America’s richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

Billionaires are not going to save us

It’s time to see that projects of survival and solidarity among those struggling the most are our only true hope for a future that will otherwise be ever more perilous.

New era of inequality: Billionaires pay less in taxes than the...

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

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Trump administration defies one in three court orders, undermining rule of law

New analysis finds the Trump White House routinely ignores federal court rulings, triggering growing concern over constitutional crises and erosion of judicial power.

He came to the US to support his sick child. He was detained. Then...

Five days later, he was gone. At what was supposed to be his final asylum hearing on March 20, Rodríguez Parra was nowhere to be found.

Firefighter shortage across US poses ‘dangerous’ risks as peak wildfire season ramps up

The country’s fire managers moved its response to “Preparation Level 4,” the second-highest designation, which shows that firefighting resources are heavily committed.

Millions exposed to toxic PFAS levels as EPA retreats from safety rules

New data reveals over 73 million Americans may be drinking water contaminated with toxic PFAS, while the EPA under Trump moves to weaken or repeal health standards.

Live by phony conspiracies, die by real conspiracies: Truth crawls from a swamp of...

On top of six months of popularity-killing blundering, reality is outing Trump—blowing apart obsolete fix-it moves.