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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The dark side of ecotourism: When green travel exploits people and the planet
As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.
US workers average 10 paid vacation days a year, and 33 million get none
Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...
The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.
FCC faces backlash over push to lift media ownership limits amid threats to local...
Press freedom and civil liberties groups warn that loosening media consolidation rules would further erode independent news, local coverage, and democratic accountability.