A provision of the budget law that President Donald Trump signed last week will leave taxpayers to “pick up the tab for the private jet industry and billionaire high flyers.” The Republican budget measure that U.S. President Donald Trump signed into law late last week contains a provision that analysts say will allow private jet owners to […]
“Not only is it necessary to impose a stronger burden of justice on billionaires, but more importantly, it is possible.” Seven Nobel laureates on Monday published an op-ed advocating for “a minimum tax for the ultrarich, expressed as a percentage of their wealth,” in the French newspaper Le Monde. “They have never been so wealthy and yet contribute […]
The United States celebrates its Independence Day on July 4 — a tradition that dates back to the 18th century and the American Revolution. On July 2, 1776, the Continental Congress voted in favor of independence. Two days later, delegates from the 13 colonies adopted the Declaration of Independence, a historic document drafted by Thomas Jefferson. Some constitutional scholars argue […]
It was founding father John Adams who first suggested that Americans should throw an annual party — a “great anniversary festival” — to celebrate the nation’s independence from England. In a July 3, 1776, letter to his beloved wife Abigail, America’s second president wrote, “It ought to be solemnized with pomp and parade, with shows, games, sports, […]