Thursday, November 21, 2024

Tag: rich

Billionaire emissions outpace lifetime footprints of average individuals, new report shows

The report examines how the super-rich’s use of luxury transportation and investments in polluting industries exacerbate the climate crisis.

Billionaires are not going to save us

It’s time to see that projects of survival and solidarity among those struggling the most are our only true hope for a future that will otherwise be ever more perilous.

Harris can’t embrace billionaires if she wants to win

Billionaires are busy pressuring political candidates to keep their taxes unjustly low. Their opinions shouldn’t—and don’t—matter.

Harris breaks with Biden on capital gains tax based on ‘failed...

Speaking to supporters, Harris emphasized the importance of supporting investment in small businesses and innovation while ensuring that the wealthy pay their fair share.

Project 2025: How the far-right’s tax plan would hike middle-class taxes...

Project 2025, a far-right agenda, proposes radical tax reforms that would disproportionately burden middle-income Americans while granting significant tax breaks to the wealthiest households and large corporations.

Kamala Harris signals support for billionaires tax amid growing wealth inequality

This endorsement marks a crucial step in addressing the widening wealth gap in the country, particularly as billionaires continue to amass vast fortunes while millions of Americans struggle financially.

Private fortunes vs. public education

That era of growing equality and expanding public education would start fading in the 1970s. Over recent years, a new U.S. Senate report makes clear, that fade has only intensified.

Undocumented immigrants pay higher tax rates than top 1% in most...

New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.

IRS targets basis shifting loophole to reclaim $50 billion from super...

IRS crackdown on complex tax maneuvers is set to generate significant federal revenue by enforcing compliance among high-income taxpayers.

The truth about Trumponomics

The MAGA agenda would make nearly every aspect of your life more expensive, while making the richest Americans even richer.

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David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Trump’s Energy Department pick: A Fracking CEO who claims ‘there is no climate crisis’

Wright’s history of denying the severity of climate change raise critical questions about his ability to lead an agency central to energy innovation and climate policy.

Pentagon fails seventh straight audit amid $1 trillion military budget

Meanwhile, Congress continues to approve unprecedented increases in military spending, pushing the budget close to $1 trillion.

Protesters demand US Senate block weapons sales to Israel amid Gaza death toll exceeding...

Emblazoned with slogans like “Stop Arming Israel” and “Fund Housing, Not Genocide,” demonstrators gathered in the Hart Senate Office Building ahead of a pivotal Senate vote on Wednesday.

In five years, Chicago has barely made progress on its court-ordered police reforms. Here’s...

Now many of the city’s reform advocates have lost faith in the process and are increasingly concerned that the opportunity for lasting reform is slipping away.