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TAG: billionaires

When others cheat on their taxes, who pays them? You do

When Republicans took control of the House in January 2023, their first order of business was a bill was to cut additional IRS funding from the Inflation Reduction Act. President Joe Biden fought them off and managed to retain $60 billion of that needed money. Had Republicans succeeded in ...

Elon Musk’s new toy

For Christmas one year, my folks got my kid brother a tank. This thing could roll across the floor, the turret turned and it made battle sounds. That may not sound like much, but this was 1966 — color TV was like showing fire to a cave man — so this toy was the eighth wonder of the ...

Elon Musk is not the populist he pretends to be

by Isaac Lozano In the latest chronicles of Big Tech’s most contentious tycoon — Elon Musk, chief executive of Tesla, founder of SpaceX and self-described “free speech absolutist” — the illusion of a populist hero is flickering. Earlier this month, several workers at SpaceX ...

Discussing inflation? Don’t forget greed

“Companies are paying higher wages, spending more for materials and absorbing record freight costs, pushing up economic inflation gauges. They are also reporting some of their best profitability in years.” The above quote comes from the article “What Does Inflation Mean for American ...

A billionaires tax is a necessity

by Michael Hiltzik After years of largely theoretical discussion among Democrats, the idea of a billionaires tax has now become official policy. Kudos to President Joe Biden for putting the billionaires tax on the table as part of his budget proposal for fiscal 2023. A means of ...

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