Friday, September 30, 2022

Tag: billionaires

The truth behind “self-made” billionaires

Billionaires are not made by rugged individuals. They’re made by policy failures. And a system that rewards wealth over work.

Just 27 billionaires have spent $90 million to buy GOP Congress:...

"They're counting on that 'small' investment in anti-tax Republicans to save them billions in taxes," said Americans for Tax Fairness, which conducted the analysis.

Do you need luck to get really rich?

A little ruthlessness, Elon reminds us, can go a long way.

Ten ways billionaires avoid taxes on an epic scale

After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.

Low-wage employers spent billions inflating CEO pay through stock buybacks

President Biden has the power to crack down on executive excess by imposing new CEO pay and buyback restrictions on federal contractors.

How corporations are using inflation to take your money

Billionaires have become at least $1.7 trillion richer during the pandemic, while CEO pay (based largely on stock values) is now at a record 350 times the typical worker’s pay.

Elon Musk: visionary or billionaire troll?

Elon Musk is exhibit A in building the case that billionaires should be abolished.

‘Stain on democracy’: Tax day study shows US billionaires now own...

"We reject the narrative that this country cannot afford to invest in a better world."

Elon Musk is hiding the ball again on taxes

Fanboys of the richest person on Earth are spinning bogus tales that swell the Musk fortune and embellish his ‘genius.’

When billionaires don’t pay taxes, people ‘lose faith in democracy’

The rich can live lavishly by employing a technique known as “Buy, Borrow, Die,” in which they buy or build assets, borrow against them and then avoid estate and gift taxes when they die.

POPULAR

New study finds ‘forever chemicals’ in rainwater

Water quality guidelines deem rainwater is now unsafe to drink.

The climate movement was built for a world before climate change—it’s time for a...

We need a mass movement that can deal with climate disasters by training people to both protect and mobilize their communities.

Why are wild horses brutally uprooted from public lands while private livestock can stay?

The Bureau of Land Management is misleading the American people about the nation’s wild horses and burros.

Highland Park victims sue gun-maker, stores over negligence and deceptive practices

Along with the company—which plaintiffs argue violated a consumer protection law—the families and victims sued an online retailer and local gun store.

We need to elect more leaders from the labor movement into government

Electing more union members to councils and mayoral posts will help to combat right-wing attacks on workers and hold local government accountable to the ordinary people it’s intended to serve.