Friday, July 11, 2025

Tag: rich

Should rich people get a free pass at tax time?

We’re finally debating that question.

US billionaires are now $2.1 trillion richer than before the pandemic

Not only did the wealth of U.S. billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts. Today there are 745.

The hypocrisy of the federal spending debate

We must not let our lawmakers get away with this charade of fiscal responsibility to defeat Build Back Better.

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.

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A new far-right American party?

Elon Musk has disrupted Silicon Valley, the electric car industry, and the U.S. government. What is his next target: democracy?

Melting glaciers could lead to more frequent and explosive volcanic eruptions: Study

The process—already seen in Iceland—makes volcanic eruptions more frequent and powerful, according to new research conducted in the Chilean Andes.

The Texas flash flood is a preview of the chaos to come

Climate change is making disasters more common, more deadly and far more costly, even as the federal government is running away from the policies that might begin to protect the nation.

Israeli minister proposes forced confinement of all Palestinians in Gaza amid global war crime...

Defense Minister Israel Katz unveils plan to imprison entire Gazan population in a guarded camp as human rights groups warn of ethnic cleansing.

First, a massive Medicaid attack, then come the midterms, then Republican annihilation

Is this country under attack by an authoritarian enemy?