Voters Want to Tax Outrageous CEO Pay
For decades now, I’ve been conducting my own informal survey of American views about CEO pay. Whenever family, friends, or...
Category: Richest One Percent
Trump promised to scrap climate laws if US oil bosses donated $1 billion
Donald dangled a brazen “deal” in front of some of the top US oil bosses last month, proposing that they...
American oil tycoon charged with conspiring with OPEC to inflate prices
Scott Sheffield, founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its allies...
Families condemn Koch brothers over ploy to avoid asbestos compensation
Asbestos victims, their families and attorneys are claiming a Koch Industries-owned company and its lawyers are using a controversial bankruptcy...
$8.5 Trillion in Untaxed Assets: Data Shows Why ‘We Need a Billionaire Income Tax’
An analysis released Wednesday shows that in 2022, the wealthiest people in the United States collectively held a “staggering” $8.5...
Right Wing Supreme Court Justice’s Beneficial Relationship with Billionaire Tycoons
In the years after the undisclosed trip to Alaska, Republican megadonor Paul Singer’s hedge fund has repeatedly had business before...
Sanders Sends Message to Big Three CEOs: ‘Time for You to End Your Greed’
Sen. Bernie Sanders used his remarks at a United Auto Workers rally in Detroit on Friday to send a message...
Texas fracking billionaire brothers fuel rightwing media with millions of dollars
Two billionaireTexas brothers whose fortunes derive from oil and gas fracking have pumped millions of dollars into rightwing media outfits...
Red state ‘welfare queen’ oligarchs accused of mooching off of blue states
America is rapidly bifurcating — becoming two nations — and one of the main drivers of the process is a...
Newly obtained documents shed light on a vast and corrupt right-wing influence network
Newly obtained documents show that the billion-dollar trust fund given to Leonard Leo — the right-wing attorney and longtime leader...
Revealed: Texas billionaire had at least one case before the Supreme Court — despite Thomas’ claim
Harlan Crow, the Texas billionaire who showered U.S. Supreme Court Justice Clarence Thomas with lavish gifts and even purchased the...
Senate finance chief: Nothing unites GOP more than ‘helping rich people cheat on their taxes’
The Democratic chair of the Senate Finance Committee said Wednesday that the House GOP’s newly released debt ceiling legislation shows that the...
Clarence Thomas must be impeached over revelations of megadonor gifts, says AOC
New York congresswoman Alexandria Ocasio-Cortez has called for conservative supreme court justice Clarence Thomas’s impeachment. AOC’s calls follow reports that...
Watch: Bernie Sanders blasts Starbucks CEO for ‘waging’ a ‘vicious and illegal union-busting campaign’
On Wednesday morning, March 29, the Senate HELP Committee (Health, Education, Labor and Pensions) held a hearing of Starbucks’ labor...
Biden Tax Boost Targeting the Rich Called ‘Fair, Popular, and Long Overdue’
While far-right Republicans continue threatening to blow up the global economy unless Congress makes cuts to popular social programs, progressive...
Biden Plans To Shore Up Medicare By Making The Rich Pay Their Share
President Biden’s plan to save Medicare raises taxes on the wealthy and eliminates a loophole that allows the rich to...
Chuck Schumer And Hakeem Jeffries Rip GOP’s National Sales Tax Plan Disaster
Majority Leader Schumer said, “It’s very important, first, to make sure this plan dies, as I said. The right wing...
Manchin-Romney attack on Social Security is ‘last thing we need’: Sanders
Progressive Sen. Bernie Sanders on Saturday slammed right-wing Democratic Sen. Joe Manchin’s widely panned proposal to explore slashing Social Security...
Call for new taxes on super-rich after 1% pocket two-thirds of all new wealth
Oxfam has called for immediate action to tackle a post-Covid widening in global inequality after revealing that almost two-thirds of...
Republican proposal to add $114 billion to deficit by enabling tax cheats
Progressive U.S. lawmakers on Monday took House Republicans to task after the Congressional Budget Office said the erstwhile deficit hawks’...
Trump’s Taxes Are the Best Case Yet for Putting Him in Prison
Don’t let the cynics who know little about our tax system trick you into thinking there was nothing all that...
Trump Got Stunningly Lax IRS Treatment While POTUS, House Finds
For years during Trump’s presidency, the losers and haters wondered: might there be a conflict of interest in having a...
Former Twitter VP urges companies pull advertising from platform — citing Elon Musk’s ‘toxic takeover’
Twitter’s former Vice President of Global Media Katie Jacobs Stanton is urging advertisers to pull their money from the microblogging...
Exxon Swims in Unprecedented Windfall Profits While Americans Suffer at the Pump
Yesterday it was Shell making news for huge profits, today it’s Exxon – but Exxon pulled far ahead of Shell...
Eric Trump’s Huge Lie About What Trump Org Charged Secret Service
This story would be breaking news if one of the Trumps told the truth for a change. No, this is...
Why is trickle-down economics still with us?
Within weeks of taking office, Britain’s new prime minister, Liz Truss, and her chancellor of the exchequer, Kwasi Kwarteng, proposed...
The US ultra-rich justify their low tax rates with three myths: Robert Reich
On Tuesday, the Congressional Budget Office released a study of trends in the distribution of family wealth between 1989 and...
Analysis explains how Trump manages to pay fewer taxes than Americans with a household income of $20K
Former President Donald Trump manages to pay a substantially low amount in taxes each year despite his ultra-wealthy status. Now,...
Many politicians are happy to dole out subsidies for the rich and corporations while resisting pay increases for educators
As students return to the classroom, school districts across the country are facing a historic number of teacher vacancies – an estimated 300,000,...
Low-Wage Employers Spent Billions Inflating CEO Pay Through Stock Buybacks
tight labor market created a rare moment of leverage for low-wage workers last year. But Corporate America took no great...
Behind Starbucks union-busting stands CEO who got $940,000,000 richer during pandemic
An analysis released Wednesday shows that the multi-billionaire chief executive spearheading Starbucks’ aggressive and unlawful union-busting campaign has gotten $940...
GOP Led States Attempting to Use Covid Relief Funds to Provide Tax Cuts for the Rich
Republican leaders in nearly two dozen U.S. states are attempting—potentially in violation of federal law—to use coronavirus relief funds approved...
Ten Ways Billionaires Avoid Taxes On An Epic Scale
Last June, drawing on the largest trove of confidential American tax data that’s ever been obtained, ProPublica launched a series...
Leaked Video: Dark Money Group Brags About Writing GOP Voter Suppression Bills
In a private meeting last month with big-money donors, the head of a top conservative group boasted that her outfit...
Sanders Says Stop Busting People for Marijuana and Start ‘Prosecuting Crooks on Wall Street’
Sen. Bernie Sanders suggested Friday that instead of bringing the weight of the criminal justice system down on marijuana users,...
Robert Reich: America’s billionaire class is funding anti-democratic forces
Decades ago, America’s monied interests bankrolled a Republican establishment that believed in fiscal conservatism, anti-communism and constitutional democracy. Today’s billionaire...
US Is Number One – In Billionaires Hiding Money
A global index published Tuesday ranks the United States as the world’s leading perpetrator of financial secrecy, citing the country’s...
Sanders blasts Senate’s ‘strange priorities’ as it advances corporate welfare
Sen. Bernie Sanders of Vermont blasted the warped priorities of the U.S. Senate on Wednesday as the Democratic-controlled chamber moved to...
Robert Reich: Elon Musk wants to own Twitter to protect his ‘freedom’, not everyone else’s
Elon Musk has now put together a $46.5bn financing package to buy Twitter – two thirds of it from his...
Billionaire Peltz draws GOP megadonors to $5,000-a-plate fundraiser for “Democrat” Sen. Joe Manchin
Wall Street veteran Nelson Peltz hosted a $5,000-a-plate fundraiser for Sen. Joe Manchin at the billionaire’s sprawling Florida estate last...
Ultra-Rich To America: Happy Tax Weekend, Suckers!
Nikki Spretnak loved being an IRS agent. Being able to examine the books of different businesses gave her an intimate...
Biden’s 2023 Budget Includes a 20 Percent Billionaire Minimum Income Tax
On Monday, the White House unveiled President Joe Biden’s 2023 budget proposal, which includes a minimum tax on the nation’s...
Corporate sedition is more damaging to America than the Capitol attack
Capitalism and democracy are compatible only if democracy is in the driver’s seat. That’s why I took some comfort just...
A new report reveals a century-old American aristocracy
The United States was founded on the idea of freedom by right, not freedom by bloodline. But that has not...
Elizabeth Warren To Elon Musk: The World’s Richest Freeloader Evidently Has Very Thin Skin
Senator Elizabeth Warren responds to Elon Musk calling her ‘Senator Karen’ on Twitter in response to her call for him...
Sinema targeted over ‘morally unforgivable’ tax loophole for the rich
A group of wealthy investors and business leaders who support progressive taxation launched a campaign Tuesday aimed at pushing Sen....
