“If you want better roads, better schools, better healthcare, better public transit… or just a generally better life, then the best way of funding that is by taxing the ultrawealthy, not allowing them to exploit more tax loopholes.” While ultrawealthy Americans are unlikely to face any extra federal taxes any time soon due to the makeup of […]
“While most Americans predominantly live off the income they earn from a job—income that is taxed all year, every year—the very richest households live lavishly off capital gains that may never be taxed.” An analysis released Wednesday shows that in 2022, the wealthiest people in the United States collectively held a “staggering” $8.5 trillion in wealth that […]
“We reject the narrative that this country cannot afford to invest in a better world.” An analysis released Monday to mark Tax Day in the United States shows that the country’s 735 billionaires have seen their collective wealth soar by 62% over the past two years while worker earnings have grown just 10%, modest gains eaten away by […]
As the hawks who have been lying about the U.S. invasion and occupation of Afghanistan for two decades continue to peddle fantasies in the midst of a Taliban takeover and American evacuation of Kabul, progressive critics on Tuesday reminded the world who has benefited from the “endless war.” “Entrenching U.S. forces in Afghanistan was the military-industrial complex’s business plan for 20+ years,” declared the Washington, D.C.-based advocacy group […]