Tuesday, February 18, 2025

Tag: millionaires

New report reveals millionaires’ tax rates slashed by half since 1950s,...

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.

New Massachusetts ‘Tax the Rich’ law raises $1.5 billion for public...

The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.

Why does WaPo see Black as an ‘identity’—but not multi-millionaire?

It’s a shame to see that even there, the voices of the wealthy few can be so unthinkingly substituted for those of the struggling multitude.

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Trump’s education department freezes civil rights investigations while targeting schools over ‘culture war’ issues

Since returning to office, the Trump administration has stalled thousands of civil rights investigations in education while redirecting federal enforcement toward politically motivated cases.

Musk’s double standard: SpaceX wins government contract while public services face deep cuts

A $38.85 million contract awarded to Elon Musk’s SpaceX sparks outrage as his government office slashes funding for health care, education, and social programs.

Greenland! Canada! The Panama Canal! The Gulf of America! Gaza!

Manifest destiny gets a reboot under President Donald Trump.

Tesla paid zero federal income tax in 2024 while GOP pushes more corporate tax...

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.

Pentagon projected to hand $407 billion to private military contractors this fiscal year

"Military spending involves a massive redistribution of wealth from the public to private sector."