Tuesday, November 11, 2025

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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Trump quietly expands corporate tax breaks while threatening states over food aid

Treasury guidance weakens corporate minimum tax as the Agriculture Department warns states to “undo” full November SNAP payments amid shutdown confusion.

Bill Gates gave $3.5M to think tank run by climate crisis denier Bjorn Lomborg 

Tax records reveal that the billionaire’s foundation has donated for years to Lomborg’s Copenhagen Consensus Center.

Military moral injury, iolence, and the parable of the Guinea worm

An unexpected encounter with compassion.

Taxing the rich is key to challenging the far-right

There are many things that need to change in this world. But one thing is clear: anyone who claims to oppose the rise of the far right must, at the very least, support higher taxes on extreme wealth.

Utah’s 1,300-bed homelessness “accountability center” tests Trump-era crackdown

Planned for 16 acres on the edge of Salt Lake City, Utah’s new homelessness campus would combine mass shelter, court-ordered treatment, and “work-conditioned housing.” Supporters call it a model of reform, while advocates warn it mirrors forced labor and internment.