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1 week ago |
commondreams.org | Sam Pizzigati
Republican leaders in Congress have been working feverishly over recent days to renew the rich people-friendly 2017 Trump tax cuts set to expire at this year’s end. Both the House and Senate have now passed bills that do that renewing—and also add in some assorted new goodies.
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1 week ago |
znetwork.org | Sam Pizzigati
Republican leaders in Congress have been working feverishly over recent days to renew the rich people-friendly 2017 Trump tax cuts set to expire at this year’s end. Both the House and Senate have now passed bills that do that renewing — and also add in some assorted new goodies.
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1 week ago |
inequality.org | Sam Pizzigati
Republican leaders in Congress have been working feverishly over recent days to renew the rich people-friendly 2017 Trump tax cuts set to expire at this year’s end. Both the House and Senate have now passed bills that do that renewing — and also add in some assorted new goodies.
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2 weeks ago |
counterpunch.org | Sam Pizzigati
Conservative economists have been treating the 18th-century Scottish philosopher Adam Smith as their “free market” hero for quite some time now. But in his own time, as Steve Wamhoff of the progressive Institute on Taxation and Economic Policy recently noted, Smith took positions that today’s free-marketeers regularly gag on. Smith, for instance, felt strongly that the richest among us, folks awash in “luxuries and vanities,” should bear a much greater tax burden than our poorest.
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2 weeks ago |
znetwork.org | Sam Pizzigati
So where do you see yourself living the rest of your life? The richest among us are keeping their options all open. On the one hand, our deepest pockets are buying up new super-luxury abodes as if the gravy trains that their lives have become will never stop running. On the other hand, our richest are running scared. Or, to be more accurate, our rich are descending scared — into fabulously luxurious underground bunkers.
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2 weeks ago |
juancole.com | Sam Pizzigati |Juan Cole
They think they can — and that thinking just may doom the rest of us. ( Inequality.org) – So where do you see yourself living the rest of your life? The richest among us are keeping their options all open. On the one hand, our deepest pockets are buying up new super-luxury abodes as if the gravy trains that their lives have become will never stop running. On the other hand, our richest are running scared.
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2 weeks ago |
inequality.org | Sam Pizzigati
Two IRS offices appear to be bearing the heaviest Trumpista hits. The IRS Office of Civil Rights and Compliance — a unit once called the Office of Equity, Diversity and Inclusion — has lost 80 percent of its 200 staffers. Another IRS office on the DOGE hit list, the agency’s Global High Wealth unit, had 353 staffers working to make sure our super rich were paying their fair tax share under Biden. By late March, after just over two months of Trump II, that staffing had sunk to just 220.
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3 weeks ago |
counterpunch.org | Sam Pizzigati
Our worried wealthy aren’t just buying out-of-the-way properties. They’re digging deep beneath these properties to create what the rich and their realtors like to see as “luxury bunkers.” New Zealand has become a particularly popular bunker locale, and one U.S. company, Rising S Bunkers, has been busy building and outfitting safe havens that can operate quite luxuriously. That company’s top bunker model comes with everything from a swimming pool and a bowling alley to a sauna and a game room.
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3 weeks ago |
ips-dc.org | Sam Pizzigati |Caleb Crowder
So where do you see yourself living the rest of your life? The richest among us are keeping their options all open. On the one hand, our deepest pockets are buying up new super-luxury abodes as if the gravy trains that their lives have become will never stop running. On the other hand, our richest are running scared. Or, to be more accurate, our rich are descending scared — into fabulously luxurious underground bunkers.
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3 weeks ago |
inequality.org | Sam Pizzigati
Our worried wealthy aren’t just buying out-of-the-way properties. They’re digging deep beneath these properties to create what the rich and their realtors like to see as “luxury bunkers.” New Zealand has become a particularly popular bunker locale, and one U.S. company, Rising S Bunkers, has been busy building and outfitting safe havens that can operate quite luxuriously. That company’s top bunker model comes with everything from a swimming pool and a bowling alley to a sauna and a game room.