Tuesday, September 29, 2026

Tag: tax breaks for the wealthy

When you’re a billionaire, your hobbies can slash your tax bill

Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of the ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time.

Jeff Bezos, Elon Musk, and you. Which one pays taxes?

Leaked IRS data shows just how little billionaires pay in taxes.

New Analysis reveals how little the top .001% pay in taxes

“Looks like the biggest tax story of the year, if not the decade.”

Tax evasion and the 1%

“The richest 1% of U.S. households don’t report 21% of their income.”

“Liberals” need to nip this massive corporate tax break in the...

This tax-break not only lets the giant, multinational corporations get away with doing what Trump did, it hands them a huge, beautiful reward for doing it.

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The Office of Personnel Management in Washington, D.C. Photo: Another Believer / CC BY-SA 3.0, via Wikimedia Commons

Unions win settlement forcing Trump administration to rescind shutdown mass-firing policy

The agreement follows a court fight that began after roughly 4,200 federal employees received layoff notices during last fall's 43-day shutdown.
The Melrose Gate at Paramount Pictures in Los Angeles. Photo: Chris Brown (zoonabar) / CC BY 2.0, via Wikimedia Commons

States settle antitrust suit over $111 billion Paramount-Warner Bros. merger

Critics say a force-majeure clause and a company-appointed editorial board leave the settlement's protections easy to escape.
The Knesset, Israel's parliament building, in Jerusalem. Photo: Gary Todd, via Wikimedia Commons

Why didn’t Netanyahu’s cabinet preempt October 7 (since it knew about it in advance)?

New York Times reporting confirms Israeli leadership had advance intelligence before the October 7 attack, raising fresh questions about why it was not acted on.
The U.S. Capitol in Washington, D.C. Photo: FEMA/Bill Koplitz, via Wikimedia Commons

The best comeuppance for the first anti-American administration – perpetual exposure as the seditious...

If Russia or China wanted a Manchurian candidate (a brainwashed stooge who betrays his own background and constituency), could they have surpassed the president harumphing in the White House?
The U.S. Capitol at night. Photo: Diliff (public domain, via Wikimedia Commons)

White House cancels $810 million in congressional spending days before fiscal year ends

Senate Appropriations Chair Susan Collins, a Republican, called the pocket rescission unlawful, and the House is out of session until after the November election.