ProPublica Exposes How America’s Billionaires Avoid Paying Taxes

The investigative journalists at ProPublica somehow came into possession of a trove of leaked IRS tax documents for America’s billionaires which show just how little they pay in taxes in relation to their ostentatious wealth, sometimes paying nothing. First, an aside: (Sigh) CNBC reports, Attorney General Garland vows billionaire tax leak to ProPublica will be … Read more

‘The Era of Trickle-Down Tax Cuts For the Wealthy Is Over’

The caption is a play on President Bill Clinton’s oft-quoted line “the era of big government is over.” People always forget that it was immediately followed by “but we cannot go back to the time when our citizens were left to fend for themselves. We must go forward as one America, one nation working together, to meet … Read more

SCOTUS Punts On Deciding Emoluments Clause Cases

Another shameful act of enabling Donald Trump by a cowardly U.S. Supreme Court this morning. The Supreme Court ordered the two Emoluments Clause cases, Trump v. Citizens for Responsibility and Ethics in Washington, 20-330, and Trump v. District of Columbia, 20-331, to be dismissed on the specious ground that now that Donald Trump is no longer … Read more

Worst level of joblessness the nation has seen since the Great Depression

The Washington Post reports 6.6 million Americans filed for unemployment last week, bringing the pandemic total to over 17 million: The surge of job losses continued last week with 6.6 million Americans applying for unemployment benefits, the Labor Department said Thursday. More than 17 million new jobless claims have been filed in the past four … Read more