Sunday, February 16, 2025

Tag: rich

Billionaire Heirs: The accelerating $5.2 trillion wealth transfer

Without robust wealth and inheritance taxes the children and grandchildren of today's billionaires will dominate our future politics, economy, culture, and philanthropy."

Our richest can move to avoid taxes. But can they hide?

Washington is contemplating a state wealth tax, a levy that would cost Jeff Bezos.

Supreme Court could trigger hundreds of billions in corporate tax cuts...

"The Roberts Court could decide with the stroke of a pen to simultaneously forgive big business decades of tax dues."

Billionaires envision a new utopian city—to replace what they ruined

Silicon Valley’s wealthy elites have been secretly buying up land in one of California’s poorest counties to build a new city from the ground up. Who will stop them?

Which nation has taxed the rich the most?

Britain and the United States were once the top two—have times changed?

300+ economists, millionaires, and elected officials to G20: ‘Tax extreme wealth’

While billionaire wealth surged to an all-time high, around 165 million people were thrown into poverty during the pandemic.

Rich men versus the rest of us

The new country hit song, “Rich Men North of Richmond,” embodies the GOP’s narrative of white male resentment. But collectivism and an embrace of racial diversity are far more powerful and popular.

How the super rich are killing Social Security

It’s going to run out of money before you can ever receive it if the rich don’t start paying their fair share.

World’s 500 richest people added $852 billion to their wealth in...

"They can afford to pay their fair share in taxes."

How the wealthy save billions in taxes by skirting a century-old...

Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

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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.

How to bump, lump, crumple, and eventually dump Donald Trump

Better we concentrate on growing the grit and smarts to fight back from the hedgerows to the dark net.

McMahon confirmation exposes Trump’s plan to dismantle public education

Educators, unions, and civil rights advocates warn that the Trump administration’s agenda would devastate public schools, privatize education, and gut federal oversight.

NOAA imposes restrictions on scientists, raising concerns over global forecasting

Current and former high-level scientists with the federal agency said the new rules have created unease and caused alarm with partners at European agencies.

GOP’s $4.5 trillion tax giveaway: Slashing Medicaid and food stamps to fund the wealthy

House Republicans propose massive tax cuts for billionaires while gutting Medicaid, food assistance, and student loan programs, sparking outrage from lawmakers and advocacy groups.