The Everlasting Tax Shelter for Billionaires
A perverse loophole allows owners of profitable teams — and their heirs — to lower their tax bills by claiming huge paper losses.
Nancy and Paul Pelosi Making Millions in Stock Trades in Companies She Actively Regulates
The Speaker, already one of the richest members in Congress, has become far richer through investment maneuvers in Big Tech, as she privately chats with their CEOs.
Democratic Senators Call for Investigation of Tax Avoidance by the Ultrawealthy
Calling ProPublica’s Secret IRS Files series a “bombshell,” Sens. Elizabeth Warren and Sheldon Whitehouse demanded an investigation into how the rich use “legal tax loopholes to avoid paying their fair…
The Military Wasn’t a Way Out of Poverty For Me
Instead, militarism is why so many of us are poor in the first place.
The Fascist Plot that Presaged the Assault on the Capitol
The 1934 “Business Plot” offers key lessons for a contemporary audience.
Rep. Ken Buck (R-CO) on Reining In Big Tech and Why Many House Members Refuse
As House Republicans vocally denounce Big Tech in media appearances, many also use their power to impede legislative reform.
Sanders Denounces ‘Morally Obscene’ Wealth as Amazon CEO Jeff Bezos Steps Down
The Vermont senator renewed his bid to "tax the billionaires."
An All-American Horror Story
Three-quarters of a century of nuclear follies — and that’s just for starters.
Pipeline Company Files $15 Billion Claim Against U.S. for Canceled Keystone XL
TC Energy Corporation filed for compensation under a free trade provision that allows investors to sue governments if they impede profits.
This Company Got a $10 Million PPP Loan, Then Closed Its Plant and Moved Manufacturing Jobs to Mexico
Many American businesses received millions in federal pandemic aid intended to protect workers, but exploited loopholes and rule changes to lay off those employees anyway.
Chris Hedges Speaks on ‘American Sadism’
Chris Hedges gave this talk on American Sadism at The Sanctuary for Independent Media in Troy, New York on Sunday June 27.
Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank
by Justin Elliott, Patricia Callahan and James Bandler / ProPublica This story was originally published on ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story…
Democracy Dies At The Washington Post Editorial Board
In the Soviet Union, everybody was aware that the media was controlled by the state. But in a corporate state like the U.S., a veneer of independence is still maintained,…
Wealth Hoarding by ‘Silver Spoon Oligarchs’ Is Endangering U.S. Democracy: Report
America’s top 50 richest families doubled their combined total wealth in just one year.
Social Security Versus National Security
Is the Social Security system finally in trouble? It could be, thanks to the third-rail political issue of military spending.