Tag: millionaires
New report reveals millionaires’ tax rates slashed by half since 1950s,...
This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.
New Massachusetts ‘Tax the Rich’ law raises $1.5 billion for public...
The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.
Why does WaPo see Black as an ‘identity’—but not multi-millionaire?
It’s a shame to see that even there, the voices of the wealthy few can be so unthinkingly substituted for those of the struggling multitude.
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Supreme Court rejects lawsuit aimed to block climate change suits against fossil fuel
The Republican effort fell short in stopping Democratic-led states from using their own state courts to sue the fossil fuel industry.
Global consumer boycott of US goods expands as Trump’s trade war escalates
International consumers reject U.S. goods in response to Trump’s trade policies, escalating tariffs, and growing dissatisfaction with American corporate and political influence.
Will EPA standards be eliminated wholesale under Lee Zeldin?
More of the same is happening—and worse is anticipated, especially regarding climate change.
Trump’s EPA cancels $20 billion in climate grants, dismantling key emissions reduction program
Trump’s EPA cancels $20 billion in clean energy grants, halting programs aimed at reducing emissions and expanding renewable energy access in under served communities.
Trump labels Tesla dealership attacks as domestic terrorism amid Musk controversy
Trump escalates his support for Elon Musk by declaring attacks on Tesla dealerships as domestic terrorism, raising concerns over government overreach and the criminalization of political dissent.