billionaires
The superrich often claim their philanthropy is meant to “change the world.” But it’s really meant to keep it exactly the way it is. ...[Read more]
0
Like
Save
){kind=link}
The estate tax can be easily avoided by exploiting a loophole unwittingly created by Congress three decades ago. ...[Read more]
1
Like
Save
){kind=link}
Wealth is socially created — redistribution just allows more people to enjoy the fruits of their labor. ...[Read more]
0
Like
Save
){kind=link}
When you are very rich, you can borrow money at interest rates that are next to zero; you can also take your income in stock, rather than cash. Stock is only taxed when you sell it, and then at the lower capital gains rate, because the IRS rewards gamblin ...[Read more]
1
Like
Save
){kind=link}
A new report from Oxfam found that the world's billionaires didn't just recoup losses from the coronavirus: Their collective wealth increase could pay for the entire world's vaccinations and prevent anyone from falling into poverty.
"The increase in the w ...[Read more]
0
Like
Save
){kind=link}
It is not a coincidence that the richest people in America are funding a new space race. They are not motivated by a love of technology, or even a belief in the universe as a business opportunity. Let’s call this what it is: they are making plans to get ...[Read more]
1
Like
Save
){kind=link}
“Fulfilling his desire to beat a fellow billionaire into the lowest verge of space, notorious tax cheat Richard Branson burned some of the money he owes his home country in order to fling himself past the troposphere so he could experience weightlessnes ...[Read more]
1
Like
Save
){kind=link}
Senator Bernie Sanders (I-VT) described Amazon founder Jeff Bezos' wealth as "obscene" and called for taxes on billionaires as Bezos left his role as company CEO.
Sanders took to Twitter on Monday to highlight how much Bezos earns and contrasted it with t ...[Read more]
0
Like
Save
){kind=link}
"We have got to cut over-consumption and the best place to start is over-consumption among the polluting elites who contribute by far more than their share of carbon emissions." ...[Read more]
0
Like
Save
){kind=link}
While citizens of Texas are facing a crisis of massive proportions brought on largely by the failures of natural gas companies to weatherize their equipment, one natural gas company, owned by Dallas billionaire and Dallas Cowboys owner Jerry Jones, is cas ...[Read more]
0
Like
Save
){kind=link}