“The extreme emissions of the richest, from their luxury lifestyles and even more from their polluting investments, are fueling inequality, hunger, and—make no mistake—threatening lives.” With the world on track for 3.1°C of warming this century, Oxfam International on Monday blamed global billionaires who—with their superyachts, private jets, and investments—emit more carbon pollution in 90 minutes of […]
“The ultra-wealthy would get hefty handout while families suffer. We can’t let that happen,” said Sen. Martin Heinrich, the chair of the Joint Economic Committee. An economic analysis of the far-right Project 2025 agenda crafted by at least 140 former Trump administration officials shows that the plan would result in higher taxes on working-class Americans and “corporate […]
“Right-wing billionaires hoped an obscure legal case would blow up the tax code to avoid paying what they owe, but this effort failed,” said the Democratic senator after the Moore v. United States decision. Sen. Elizabeth Warren was among the economic justice advocates cheering Thursday after the U.S. Supreme Court upheld a tax on Americans with shares of certain […]
“There are 20 years of data showing trickle-down economics doesn’t work, yet today will still be a whole lot of revisionist history and wishful thinking on the singular largest failure of fiscal policy in recent memory,” said Rep. Richard Neal. As House Republicans prepare for Donald Trump’s possible White House return by plotting to expand […]