Friday, November 22, 2024

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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Senate rejects Sanders’ push to halt US arms sales as weapons fuel 44,000 deaths...

The Senate overwhelmingly voted against the measures, leaving advocates of peace and human rights questioning U.S. complicity in the alleged war crimes unfolding in Gaza.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.

A progressive vision for education in the 21st century

This system spans early childhood education, K-12 education, higher education, and workforce development—each piece a load-bearing support for the American dream.

ICC issues arrest warrants for Netanyahu, Gallant, and Hamas leader in landmark decision

The ICC’s decision follows months of investigation into allegations of atrocities committed by both Israeli forces and Hamas, marking a pivotal moment in international justice.

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.