Thursday, June 5, 2025

Tag: billionaires

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."

‘Disturbing milestone’: Just 12 US billionaires now own more than $1...

“This is simply too much economic and political power in the hands of twelve people.”

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Exposure to synthetic chemicals in food poses health impacts, new study reports

Their conclusion: a need to transition to a safer, more sustainable food system.

The most valuable lesson Democrats could actually learn from Biden

Democrats can shake off old ways of thinking by standing on their visions for the future even in conservative areas by passing the baton to the next generation to ensure the work of creating a better society for everyone can continue.

When do the ‘primal, profit-driven forces of nature’—racked with buyer’s remorse—dethrone or defang MAGA...

If you credit mass buyers’ remorse by hoodwinked MAGA voters, that goes double for flabbergasted tycoons once open to disruption (and donor payoffs) but now bullied by the allegedly pro-business browbeater.

Food giants’ climate plans lack credibility, new report finds

The annual report, which analyzed the climate strategies of five of the world’s top 10 food and agriculture corporations, is the latest in a slew of reports that show how the largest food companies are failing to tackle their environmental impacts.

New Jersey’s movement against ICE detention is not going away

These actions, organized by a seasoned coalition of pro-immigrant rights groups in the state, have now been going for over a month.