Tag: billionaires
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.
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.
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Could Trump’s Iran fiasco be America’s Suez crisis?
The U.S. war on Iran today, but similarities in the larger context, suggest that the United States is facing the same kind of “end of empire” moment that the British Empire faced in that historic crisis.
Trump DOJ subpoenas reporters after Iran war leaks trigger escalating clash with the press
The Trump administration has reportedly issued subpoenas targeting journalists and news organizations over Iran war reporting, intensifying concerns that the Justice Department is being used to expose confidential sources and pressure outlets covering national security issues
Wow! Losing the war PLUS losing the peace – the frenzy of fiascos ravage...
What other blundering buffoons ever lost a war (of choice), then willfully lost the peace via threats, phony bluffs and tin-ear, belligerent BS?
Too much money, too little democracy: Americans across party lines reject billionaire power in...
A new national poll finds widespread bipartisan concern that billionaires, dark money and special interest spending are overpowering ordinary voters in U.S. elections as campaign spending continues to shatter records.
Now you see them… now you don’t
Women leaders and Trump 2.0.