The ultrawealthy poured money into a successful campaign to defeat a graduated state income tax. Investigative reporters at ProPublica reveal the scale of their return on this investment.
Money Over People
In addition to an economy held together with the baling-wire of Fed stimulus (that’s ending), both the U.S. and the world are facing a wild spectrum of assaults that could have huge economic impacts.
Although wildfires in California have historically peaked in the late summer and fall, Orange County Fire Authority Assistant Chief of Field Operations TJ McGovern told CNN that this is already the area's fourth blaze this year.
As Republican fear mongers like Elise Stefanik whip out conspiracy accusations and blame about the baby formula shortage, the real facts from a pediatrician are more useful.
Rick Scott has published an 11-point proposal to raise taxes on the poorest of Americans and set the stage to destroy Medicare and Social Security. But he now claims it isn't so.
There are many differences between the rich and the rest of us, but one of the most consequential for your taxes is whether most of your income comes from wages.
An unprecedented trove of leaked IRS data shows who reported the most income in America from 2013 to 2018, as well as their tax rates, revealing that the very richest pay lower rates than the merely rich.
Two years after winning multi-billion dollar bailouts from the Trump administration, these newly flush companies are pocketing billions from an international crisis, and they don't care how it affects regular Americans.
If the House Oversight Committee is serious about getting to the bottom of the fossil fuel industry's longtime campaign to stymie climate policy, it should subpoena Charles Koch to testify before it.
Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of some billionaires create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time.
Meet the real cause of inflation. CEOs can't stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring.
Wall Street financial institutions are directly complicit in undermining a climate-stable future by deciding to continue profiting from fossil fuel investments.
While traveling in Wyoming in 2020, Sean Deines got very ill and was diagnosed with an aggressive leukemia. An air ambulance transferred him to a hospital in North Carolina ― and generated a bill that was nearly $500,000.
The message from Charles Koch is clear. Fascism and authoritarian government are part of the Koch business model.
Big Oil might deny accountability for the consequences of their stake in Russia and the payments made to Putin's war chest, but they have always been more than happy to profit from their involvement.
If the U.S. wants to clamp down on “ill-gotten gains” of Russian oligarchs, the first step is to get our own house in order.
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