Sunday, February 9, 2025

Tag: rich

Billionaire wealth surges by $276 billion post-Trump election as GOP pushes...

U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.

Billionaire emissions outpace lifetime footprints of average individuals, new report shows

The report examines how the super-rich’s use of luxury transportation and investments in polluting industries exacerbate the climate crisis.

Billionaires are not going to save us

It’s time to see that projects of survival and solidarity among those struggling the most are our only true hope for a future that will otherwise be ever more perilous.

Harris can’t embrace billionaires if she wants to win

Billionaires are busy pressuring political candidates to keep their taxes unjustly low. Their opinions shouldn’t—and don’t—matter.

Harris breaks with Biden on capital gains tax based on ‘failed...

Speaking to supporters, Harris emphasized the importance of supporting investment in small businesses and innovation while ensuring that the wealthy pay their fair share.

Project 2025: How the far-right’s tax plan would hike middle-class taxes...

Project 2025, a far-right agenda, proposes radical tax reforms that would disproportionately burden middle-income Americans while granting significant tax breaks to the wealthiest households and large corporations.

Kamala Harris signals support for billionaires tax amid growing wealth inequality

This endorsement marks a crucial step in addressing the widening wealth gap in the country, particularly as billionaires continue to amass vast fortunes while millions of Americans struggle financially.

Private fortunes vs. public education

That era of growing equality and expanding public education would start fading in the 1970s. Over recent years, a new U.S. Senate report makes clear, that fade has only intensified.

Undocumented immigrants pay higher tax rates than top 1% in most...

New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.

IRS targets basis shifting loophole to reclaim $50 billion from super...

IRS crackdown on complex tax maneuvers is set to generate significant federal revenue by enforcing compliance among high-income taxpayers.

POPULAR

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.

Trump threatens to ‘obliterate’ Iran while reimposing sanctions amid nuclear tensions

U.S.-Iran tensions escalate as Trump balances threats, sanctions, and potential diplomacy.

White House announces 53rd state!

"Mr. President, are there any plans for a 53rd state now that stars for Canada and Gaza have been officially added to the flag?"

Trump administration orders USDA and Forest Service to remove climate change references, suppressing critical...

The systematic erasure of climate change information from government websites threatens scientific transparency, public safety, and environmental policy.

The Gilded Age of animal advocacy: A transformative era for America’s moral compass

Nineteenth-century activists revolutionized attitudes toward nonhuman animals amid cultural, economic, and moral shifts in a rapidly changing nation.