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.
Tax on Global Mega-Rich Could Help Lift 2.3 Billion Out of Poverty
By Jake Johnson / Common Dreams A new analysis released Tuesday estimates that an annual wealth tax targeting the world’s millionaires and billionaires would raise enough revenue to lift 2.3…
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…
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…
U.S. Denounced as ‘Biggest Peddler of Financial Secrecy’ After Pandora Papers Leak
Focusing on the high-profile people named in the explosive Pandora Papers leak can pull focus away from the countries and institutions that have rigged the tax system for the rich.
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.
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.
How America Went From Mom-and-Pop Capitalism to Techno-Feudalism
The crisis of 2020 has created the greatest wealth gap in history. The middle class, capitalism and democracy are all under threat. What went wrong and what can be done?
Billionaires Gone Wild: Pandemic Profiteering By the Numbers
A running tally of how the pandemic has been increasing inequity at a fantastic rate.
[rewind] Will Evans: Elon Musk Is Gaslighting America
The award-winning journalist who exposed Tesla's flagrant labor violations reflects on having his work dismissed as "disinformation."