Tag: 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.
Even this Biden-voting billionaire ignores the full downsides of obscene fortunes
Tax reforms must address willful blindness about the menace of concentrated wealth.
Report: Taxing the world’s richest would raise US $2.52 trillion a...
A new analysis, “Taxing Extreme Wealth,” by the Fight Inequality Alliance, Institute for Policy Studies, Oxfam, and Patriotic Millionaires found a shocking...
These billionaires received taxpayer-funded stimulus checks during the pandemic
IRS records reveal that 18 billionaires and some 250 other ultrawealthy people received aid intended to help middle-class Americans.
US billionaires are now $2.1 trillion richer than before the pandemic
Not only did the wealth of U.S. billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts. Today there are 745.
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Global leaders plead for peace in Ukraine at UN
Altogether, leaders from at least 50 countries spoke up for peace in Ukraine at the 2023 UN General Assembly.
Supreme Court could trigger hundreds of billions in corporate tax cuts ‘with the stroke...
"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."
Elected Democrats are conformist enablers of Biden for 2024
Alarm bells among pro-Biden pundits have finally begun to break the political sound barrier. So why is it quiet on Capitol Hill on the Democratic front?
Climate campaigners decry ‘absolutely horrendous’ brutality against protesters at fed summit
"We have no choice but to take direct action to put our bodies on the line because petitions, sign-waving, and chanting—we tried that for the past 50 years and it hasn't worked, and we're out of time," said one arrested activist.
Missouri set to execute Marcellus Williams despite DNA evidence proving innocence—again
Unless we reform this corrupt system, racist politicians will be rewarded with higher political offices–for–”frying a black man.”