Tag: rich
House bill would blow up the massive IRAs of the superwealthy
If the bill passes, Roth accounts would be capped at $20 million for high-income individuals.
The real socialism in America isn’t what you think
It’s more socialism for the rich, harsh capitalism for the rest.
Jeff ‘Space Cowboy’ Bezos
Space flights used to achieve scientific purpose. Now they're a rich man's carnival ride.
America’s billionaires: Borrowing their way to ever more fabulous fortunes
Their current combined fortune: $4.7 trillion, up $1.8 trillion since the pandemic began.
Democratic senators call for investigation of tax avoidance by the ultrawealthy
Sens. Elizabeth Warren and Sheldon Whitehouse demanded an investigation into how the rich use “legal tax loopholes to avoid paying their fair share of income taxes.”
Can we conquer our grand dynastic family fortunes?
We most certainly can. We have history on our side.
A global tax deal for the rich, not the poor
Despite the recent G7 agreement on corporate taxation, global leadership requires going beyond national interests to ensure that all countries have sufficient resources to develop healthier post-pandemic economies.
Living ever larger in the lap of luxury
Today’s fabulously rich can easily guarantee themselves a tumbril-free future.
FDR must be smiling
Biden’s plan to create jobs and tax the rich is a good deal bolder than it looks at first glance.
Bill, Melinda, and the burden of grand fortune
All relationships, not just romantic couplings, tend to be twisted by wealth.
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IDF issues evacuation order to 100,000 in Rafah as looming assault sparks fear of...
Israel Defense Forces order more than 100,000 Palestinians to evacuate Rafah ahead of an impending military offensive, despite warnings of humanitarian catastrophe.
Brand loyalties dominate our life choices—but party brands are hardly created equal
Sorry, but a convicted scoundrel struggling to stay out of jail only to become a fascist commando sounds like a miracle way to lose.
New era of inequality: Billionaires pay less in taxes than the working class
Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.
Israel seizes Rafah crossing, cutting off Gaza’s last humanitarian lifeline amid famine crisis
This move effectively cuts off a critical humanitarian aid route to the enclave, where the majority of the population faces imminent famine due to ongoing conflict.
Oil companies contaminated a family farm. The courts and regulators let the drillers walk...
The oil and gas industry has reaped profits without ensuring there will be money to plug and clean up their wells.