Truthout
Billionaires
IRS Funding Targeted by GOP Has Allowed Agency to Recover $500M From the Rich
Democrats said the IRS’s successes have made it clear that the GOP is trying to protect their wealthy benefactors.
In 41 States, Richest 1 Percent Pay Lowest Tax Rate of Any Group
In 34 states, the families with the lowest incomes pay the highest tax rate of any other group.
US’s Wealthiest Collectively Held $8.5 Trillion in Untaxed Assets in 2022
“This is why we need a billionaire income tax,” Americans for Tax Fairness said.
Democrats Seek to End Major Billionaire Tax Avoidance Scheme in New Senate Bill
The bill takes aim at a practice known as “buy, borrow, die,” in which billionaires borrow extensively off their assets.
Elon Musk Wants Me Fired. The People of San Francisco Want Him Taxed.
Seeing progressive policies succeed in San Francisco, the billionaire class is now waging a war against working people.
In His Fifth Decade of Activism, Leonard Leo’s Influence Is Too Big to Ignore
Leo’s ventures show a willingness to embrace increasingly extreme ideas that have sweeping consequences for democracy.
Wealthy Americans Failed to Pay $65.7 Billion in Taxes From 2017 to 2020
The amount owed by over 1.4 million high earners is almost enough to fund a universal child care program for one year.
Striking Autoworkers at Stellantis Are Up Against a Yacht-Sailing Billionaire
Billionaire John Elkann is pulling the strings at Stellantis, prioritizing stock buybacks over the strikers’ demands.
Rocket-Launching Billionaires Promise a New Pie in the Sky
Musk and Bezos are peddling new age-y religious drama of disaster and salvation, says author Mary-Jane Rubenstein.
Lawmakers Call on Clarence Thomas to Resign — or Be Impeached
A bombshell article has revealed that Thomas has received dozens of vacations from a network of billionaire friends.