Thursday, April 18, 2024

Tag: billionaires

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.

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...

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US diplomacy thwarts Palestinian UN membership amid claims of supporting statehood leaked cable shows

This diplomatic maneuvering seeks to avoid a U.S. veto, which would publicly align the country against Palestinian self-determination.

Supreme silence: High court decision curtails protest rights, stifling voices in the South

As the case now returns to lower courts for further proceedings, the national discourse on the limits of free speech and the right to protest continues to evolve.

Supreme Court questions use of obstruction law in Jan. 6 riot cases amid concerns...

This law is now at the center of a legal battle concerning its suitability for punishing those who stormed the Capitol during the certification of the 2020 election results.

New report reveals millionaires’ tax rates slashed by half since 1950s, fueling wealth inequality

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

Missouri Republican Attorney General Bailey sues Media Matters using consumer law to censor the...

An analysis of Mo. Attorney General Andrew Bailey's bogus allegations against Media Matters.