Capitalism

It’s Time to Tax Billionaires

There are around 2,500 billionaires in the world right now, with a combined wealth of over £10 trillion. Just a fraction of that money is enough to, say, end global poverty, eradicate malaria and re-freeze the Arctic. Instead, a new report reveals billionaires are operating on the “border of legality” and getting away with paying the equivalent of 0

Corporate Greed

Cincinnati May Sell One of the US’s Last Publicly…

Please DO NOT let this happen. Elected officials in Cincinnati are considering a lucrative deal with rail executives that would sell one of the last publicly owned stretches of rail line in the US to Norfolk Southern, the company behind the disastrous train derailment in Ohio last winter. Next month, the company behind an Ohio

Corporate Greed

Some Democrats Are Trying to Preemptively Outlaw a Billionaire…

Sensing its popularity, Obama’s former Supreme Court lawyer and a Louisiana Democrat are using an obscure corporate taxation case to try to make a federal wealth tax illegal before it even exists. The former Supreme Court lawyer for the Barack Obama administration and a Democratic senator-turned-lobbyist are pressuring justices to block Congress from ever instituting