Wednesday, June 4, 2025

Tag: rich

NYT runs interference for billionaires who don’t want their wealth taxed

Fortunately for them, they’ve got the New York Times running interference.

Will fanboys for grand fortune ever flame out?

Not likely. Our super rich need the fog they create.

The millionaires surtax in House Tax Committee proposal

While the millionaires surtax does not address the colossal inequalities of wealth, it focuses on taxing income that largely flows from wealth.

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.

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When do the ‘primal, profit-driven forces of nature’—racked with buyer’s remorse—dethrone or defang MAGA...

If you credit mass buyers’ remorse by hoodwinked MAGA voters, that goes double for flabbergasted tycoons once open to disruption (and donor payoffs) but now bullied by the allegedly pro-business browbeater.

Outrage in Massachusetts after ICE detains high school student on way to volleyball practice

Milford residents demand answers and justice after ICE agents detain 18-year-old Marcelo Gomes da Silva, sparking statewide protests and national criticism of the Trump administration’s immigration crackdown.

Billions in clean energy projects canceled amid Republican tax bill and fossil fuel agenda

Clean energy investments are vanishing as the Trump administration’s tax plan and rollback of Biden-era climate policies threaten America’s transition to renewables.

‘Another aid massacre’: Israeli military kills dozens near privatized Gaza food site

For the third consecutive day, Israeli forces fired on Palestinians seeking food at a controversial U.S.-backed aid site, raising international outcry and renewed calls for accountability amid a spiraling humanitarian catastrophe.

Greta Thunberg and 11 other volunteers set out on mercy mission to Gaza

A crowd of supporters gathered at the port with Palestinian flags to encourage the 12-person crew. The mission is sponsored by the Freedom Flotilla organization.