Friday, July 12, 2024

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.

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Take the best cognitive test, Joe. Ace it—then fortify support, win nomination, then slam/shame...

Are we all not flying blind with two geriatrics on display (though the right-wing cares not at all).

Inside China-focused Congressional hearings, panic, paranoia, and hypocrisy reign

China is not a threat because it’s threatening our security—China is a threat because it’s successful.

Sen. Peter Welch calls for Biden to step aside amid concerns of Trump victory

Vermont Senator Peter Welch urges President Joe Biden to withdraw from the 2024 race, citing potential harm to Democrats’ chances and concerns over Biden’s age and performance.

Ocasio-Cortez files impeachment articles against Justices Thomas and Alito amid ethics scandals

Liberal Democrat Alexandria Ocasio-Cortez introduces impeachment articles against Supreme Court Justices Clarence Thomas and Samuel Alito, citing undisclosed gifts and conflicts of interest.

For Trump and Biden, it’s all about empire first

Is each man’s priority to lead a dominant U.S. empire?