Tag: billionaires
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.
Is billionaire philanthropy a sham?
America doesn’t need their charity. We need them to pay their fair share in taxes.
Our billionaires are blasting off. Good riddance!
We don’t need billionaires out to “conquer space.” We need to conquer inequality.
Sports teams: The everlasting tax shelter for billionaires
A perverse loophole allows owners of profitable teams — and their heirs — to lower their tax bills by claiming huge paper losses.
The billionaire playbook: How sports owners use their teams to avoid...
Owners like Steve Ballmer can take the kinds of deductions on team assets — everything from media deals to player contracts — that industrialists take on factory equipment. That helps them pay lower tax rates than players and even stadium workers.
Baby you’re a (super) rich man!
Millionaires, Mega Millionaires and even a few Billionaires run our corporations, our media and of course our politics.
New research shows ‘pandemic profits’ of billionaires could fully fund $3,000...
“America’s billionaires could pay for a major Covid relief bill and still not lose a dime of their pre-virus riches.”
American billionaires’ net worth up $931 billion since start of COVID-19...
The total collective wealth of American billionaires is "nearly double the $2.1 trillion in total wealth held by the bottom half of the population, or 165 million Americans."
Billionaire collective fortunate grows, while rest of America struggles during pandemic
“The difference is stark between profits for billionaires and the widespread economic misery in our nation."