Friday, March 29, 2024

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."

POPULAR

Mexico’s stand against GMO corn sparks US trade dispute

Mexico's firm stance on banning genetically modified (GM) corn imports, a policy that has prompted the United States to escalate the matter to a dispute settlement panel under the US-Mexico-Canada Agreement (USMCA).

Israel’s defiance of world court amid Gaza’s humanitarian crisis sparks global outrage

Amidst this backdrop of defiance and tragedy, global leaders are raising their voices against the continued aggression.

MSNBC anchors unite in protest over NBC News’ appointment of Ronna McDaniel as contributor

In an unprecedented public outcry, MSNBC's leading voices challenge NBC News' decision to bring on Ronna McDaniel, former RNC Chair, sparking a debate on journalistic integrity and the balance between diverse viewpoints and democratic values.

Pentagon’s AI dilemma and the call to ban ‘killer robots’

This collective of advocacy organizations has issued a clarion call for ethical clarity, urging Pentagon officials to unequivocally state their stance against the development and deployment of autonomous weapons systems.

Naked hypocrisy: The US once cited UNSC resolutions to invade Iraq, now calls Gaza...

Washington’s hypocrisy on this matter is legendary and stunning.