Bernie Sanders’ “Billionaire Tax Now”
Posted by Joshua Scheer California’s 2026 election isn’t just another policy fight — it’s a stress test for whether democracy can still regulate concentrated wealth. As Silicon Valley’s billionaire class…
As Trump II Begins, Bezos Swaps Scrutiny for ‘Storytelling’
By Julie Hollar / Fairness & Accuracy in Reporting As the Washington Post faces a staff rebellion and plummeting subscription rates, billionaire owner Jeff Bezos has introduced a new mission…
Billionaire Harlan Crow Bought Property From Clarence Thomas. The Justice Didn’t Disclose the Deal.
The transaction is the first known instance of money flowing from Crow to the Supreme Court justice. The sale netted the GOP megadonor two vacant lots and the house where…
‘The Left Beat the Money’ as Karen Bass Defeats Billionaire To Become LA Mayor
Bass, a six-term Democratic U.S. congresswoman, won despite being outspent 11-to-1 by real estate tycoon and erstwhile Republican Rick Caruso.
Elon Musk Bails Out of Twitter Deal
"It feels like the end of the movie, where the characters are bloodied and bedraggled with a Michael Bay explosion behind them," said one Twitter employee. "We could see this…
Matt Taibbi: The Great Billionaire Space Caper
Let's fly the first black woman to the moon, but send the checks to Jeff Bezos! On the congressional hustle that perfectly captures 2022 America.
100+ Ultra-Rich People Warn Fellow Elites: ‘It’s Taxes or Pitchforks’
By Jake Johnson / Common Dreams A group of more than 100 millionaires and billionaires on Wednesday presented fellow members of the global economic elite with a stark choice: “It’s…
Billionaires ‘Had a Terrific Pandemic’ While Inequality Killed Millions: Oxfam
A new report explains how inequality contributed to the death of 21,000 people each day of the pandemic while the wealthiest collectively got $1.2 billion richer every 24 hours.
U.S. Billionaires Saw $1 Trillion Wealth Boom in 2021 Alone
A new analysis shows that Sen. Ron Wyden's proposed tax on billionaires "would be more than enough to cover the expansion of the child tax credit in the Build Back…
Richest 1% Took 38% of New Global Wealth Since 1995. The Bottom Half Got Just 2%.
By Jake Johnson / Common Dreams In the nearly three decades since 1995, members of the global 1% have captured 38% of all new wealth while the poorest half of…
Why It’s So Hard to Tax Billionaires
By Christopher Orlet / CounterPunch A recent NPR story attempted to explain why it is so hard to tax billionaires. The expert NPR interviewed for the story ticked off the…
These Billionaries Received Taxpayer-Funded Stimulus Checks During the Pandemic
IRS records reveal that 18 billionaires and some 250 other ultrawealthy people received aid intended to help middle-class Americans.
Democrats Urged to Seize ‘Historic Chance’ on Billionaire Wealth Tax
Following Sen. Kyrsten Sinema's objection to raising the corporate tax rate, the party has turned to Sen. Ron Wyden's proposal.
House Bill Would Blow Up the Massive IRAs of the Superwealthy
The proposed reform stems from a ProPublica story that detailed how PayPal founder Peter Thiel had amassed $5 billion, tax-free, in a Roth IRA. If the bill passes, Roth accounts…
Sanders Vows to Tax Billionaires Who Grew 62% Richer During Pandemic
The billionaire class is enjoying a massive windfall as working-class households are being crushed by COVID-19.