Tuesday, July 22, 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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Sanders pushes ‘Pensions for All’ to confront corporate greed and America’s retirement crisis

With nearly half of older workers having no retirement savings, Sen. Bernie Sanders introduces sweeping legislation to guarantee all Americans the same pension security enjoyed by members of Congress.

House Republicans move to block EPA action on toxic PFAS in farm fertilizers

A provision in the latest GOP spending bill would halt enforcement of an EPA risk assessment warning that sewage sludge fertilizer contaminates farmland with cancer-linked forever chemicals.

Trump turns on MAGA over Epstein files as transparency backlash grows

Trump once capitalized on Epstein conspiracy theories to galvanize his base. Now, facing demands for accountability, he lashes out at the very supporters who helped propel him back into power.

Nuclear reactors stoke the climate they claim to cool

Heatwaves force European reactors offline while solar keeps the lights on.

Vermont installs beaver-saving, flood-preventing device

Beaver deceivers are known to be "humane infrastructure designed to regulate water levels while allowing beavers to remain in place."