Truthout
Billionaires
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.
Beyond Harlan Crow, Other Billionaires Funded Justice Thomas’s Luxury Vacations
Three additional ultra-wealthy business executives have been underwriting Thomas’s undisclosed trips for three decades.
Progressives Unveil Bill to Tax Billionaire Wealth Up to 8 Percent
The bill would create four tax brackets to tax those with “runaway wealth.”
World’s Richest Added Average of $14M Per Day to Their Wealth Over Past 6 Months
The 500 richest people on the planet collectively added $852 billion to their fortunes in the first half of 2023.