Articles for Billionaires Tax

Trump’s Impossible Task: Delivering for the Working Class and Billionaires
1 month, 4 weeks ago

Trump’s Impossible Task: Delivering for the Working Class and Billionaires

Bloomberg  

The big surprise on election night was that a presidential race billed for months as being neck and neck didn’t turn out to be very close at all. And he made significant gains with working-class Latino and Black voters, putting together the most diverse Republican coalition since the Civil Rights Movement, even as his campaign eagerly trotted out billionaire supporters …

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A 'Trump economy' robs from the American people to enrich the elite
2 months, 3 weeks ago

A 'Trump economy' robs from the American people to enrich the elite

LA Times  

If Donald Trump retakes the White House, he would resume serving billionaires such as Vladimir Putin. Believing Donald Trump will be better for the economy than Vice President Kamala Harris is like thinking you’re a dinner guest when you’re actually the main course. When Trump slashed the corporate tax rate, his Council of Economic Advisers promised American workers would see …

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American billionaires added $2 trillion to their wealth during pandemic
3 years, 2 months ago

American billionaires added $2 trillion to their wealth during pandemic

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The annual billionaires list compiled by Forbes and …

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Leak of billionaires’ tax data draws GOP outcry over privacy
3 years, 7 months ago

Leak of billionaires’ tax data draws GOP outcry over privacy

Associated Press  

WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. Treasury and the IRS must hold accountable any and all individuals who broke federal law by inappropriately …

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Elon Musk, Jeff Bezos, other billionaires have paid zero income tax in some years: Report
3 years, 7 months ago

Elon Musk, Jeff Bezos, other billionaires have paid zero income tax in some years: Report

Live Mint  

Several of the richest Americans have paid zero income tax in some years, according to an investigative report published Tuesday that comes as Washington weighs new proposals to address tax avoidance by the wealthiest individuals and companies. The bombshell report, by New York-based journalism nonprofit ProPublica, showed Amazon Chairman Jeff Bezos paid no income tax in 2007 and 2011, while …

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Billionaires are bashing Elizabeth Warren’s plan to fix America’s inequality problem
5 years, 2 months ago

Billionaires are bashing Elizabeth Warren’s plan to fix America’s inequality problem

CNN  

New York CNN Business — Elizabeth Warren’s aggressive plans to level the playing field for the American economy are drawing heavy fire from billionaires, even ones who acknowledge the system needs to be fixed. JPMorgan Chase boss Jamie Dimon said this week that Warren “vilifies successful people” and her plans would change “the complete nature of how you run a …

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