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Keyword: rich

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  • IRS Targets Poor Americans, because Harassing Wealthy Too Costly

    10/12/2019 8:01:54 PM PDT · by Tolerance Sucks Rocks · 44 replies
    Citizens for Self-Governance ^ | October 7, 2019 | Mark Meckler
    You might want to sit down for this one. If you thought the IRS was just a necessary yet uncomfortable part of American life, here’s some more evidence that it’s simply an arm of the United States government that deserves to be excised. The IRS just admitted that it audits the working poor at about the same rate as the wealthiest 1 percent. Here’s why, according to ProPublica: "…the IRS said, auditing poor taxpayers is a lot easier: The agency uses relatively low-level employees to audit returns for low-income taxpayers who claim the earned income tax credit. The audits —...
  • This Is Robert Mueller’s Chance to Dismantle the Seth Rich Conspiracy Theory

    07/24/2019 6:27:52 PM PDT · by Libloather · 35 replies
    Rolling Stone ^ | 7/23/19 | ANDY KROLL
    **SNIP** Mueller devotes three paragraphs of his report to a particularly fraught moment in the middle of 2016 involving Seth Rich, a 27-year-old DNC staffer who was murdered in July of that year, and the website WikiLeaks. That summer, news outlets had reported that Russian agents hacked into Democratic National Committee and the Democratic Congressional Campaign Committee and stole a massive trove of emails and other documents. Not long after, WikiLeaks published thousands of those emails, plunging the Democratic Party into chaos and leading to the resignation of DNC Chairwoman Rep. Debbie Wasserman Schultz (D-FL). As the reports emerged about...
  • Video Confirms Butowsky Lawsuit Claim: Assange said DNC Emails From Seth Rich Not a Russian Hack

    07/22/2019 12:49:38 PM PDT · by detective · 39 replies
    Conservative Treehouse ^ | July 21, 2019 | Sundance
    Shortened title. Full title: IMPORTANT – Video Confirms Butowsky Lawsuit Claim: Julian Assange Told Ellen Ratner DNC Emails Received From Seth Rich – Not a Russian Hack A lawsuit filed a week ago by Businessman Ed Butowsky, alleged that Wikileaks founder Julian Assange told Fox News analyst Ellen Ratner the DNC leaked emails were received from Seth Rich and his brother Aaron. [Full Backstory Here] Due to the scale of ramification, there was some valid skepticism about the Butowsky assertion. However, recently unearthed footage from Ellen Ratner talking about her visit with Assange in November of 2016 seems to validate...
  • Bernie Campaign Slams Biden for High-Dollar Fundraisers

    05/27/2019 3:35:41 PM PDT · by Libloather · 9 replies
    Newsmax ^ | 5/27/19 | Brian Freeman
    Presidential candidate Sen. Bernie Sanders', I-Vt., campaign manager Faiz Shakir slammed Democratic primary front runner Joe Biden for the high-dollar fundraisers the former vice president has held since joining the race, using the criticism as a way to raise funds for Sanders' campaign, The Washington Free Beacon reported over the weekend. Shakir wrote in a fundraising email to supporters that Biden "is raising huge sums of money at large fundraising events all across the country," describing them as "high-dollar functions hosted and attended by corporate lobbyists, healthcare executives, a Republican casino-CEO, and a union-busting lawyer." He then said the only...
  • Southampton Residents Angered By Shinnecock Indian Nation’s Massive Electronic [tr]

    05/01/2019 1:39:47 PM PDT · by C19fan · 28 replies
    CBS NYC ^ | April 30, 2019 | Staff
    There are signs of an impending showdown on the East End of Long Island, where the Shinnecock Indian Nation is putting up giant billboards at the entrance of Southampton. Local leaders are calling them an eyesore, but the 60-foot high billboards are on tribal land, CBS2’s Carolyn Gusoff reported Tuesday. An assault on the East End. That’s how Southampton officials describe what the Shinnecocks are quickly building at the gateway to the Hamptons, and just in time for the summer crowds — a gigantic pair of two-sided electronic advertising billboards.
  • Will Assange testify that Seth Rich’s murder was not a simple robbery?

    04/23/2019 8:43:26 AM PDT · by mgray · 47 replies
    Gray's Economy ^ | 4/23/19 | Michael Gray
    <p>In Monday’s post I wrote how Julian Assange and Seth Rich communicated with each other before Wikileaks published the Hillary Clinton emails.</p> <p>The revelation came to light through a FOIA request of the National Security Agency where they admitted to having 15 documents consisting of 32 pages of conversations between the founder of Wikileaks and the Democratic National Conference worker Rich.</p>
  • OECD Survey: People In Wealthy Countries Want Higher Taxes On The Rich, More Welfare

    03/20/2019 12:53:15 PM PDT · by SeekAndFind · 30 replies
    Hotair ^ | 03/20/2019 | John Sexton
    Tuesday, Reuters released the results of a survey of 21 countries which found a majority of people want more taxes on the rich to pay for more welfare: In all of the 21 countries surveyed, more than half of those people polled said they were in favour when asked: “Should the government tax the rich more than they currently do in order to support the poor?” The OECD gave no definition of rich…Support was highest in Portugal and Greece, both emerging from years of economic crisis, at nearly 80 percent compared with an average of 68 percent, the Organisation...
  • Poetic Justice For The Aristocracy

    03/09/2019 2:07:27 AM PST · by vannrox · 5 replies ^ | 8MAR19 | John Rubino
    Two points about today’s political economy – and then a prediction involving Illinois: Point One: What’s coming is poetic justice for the aristocracy.  The wave of populism/socialism/proto-fascism that’s sweeping the US and Europe is a direct result of the breathtaking hubris of a ruling class that didn’t know when to quit stealing. While it is possible for societies dominated by a small group of rich/connected people to endure and even thrive, they can do so only if the 99% enjoys a rising standard of living and a certain amount of upward mobility. In other words, people will accept the existence...
  • The identity-politics police come for Bernie Sanders (too old, very white)

    02/23/2019 3:40:18 PM PST · by Libloather · 33 replies
    NY Post ^ | 2/22/19 | Rich Lowry
    Bernie Sanders catalyzed the Democratic Party’s post-Obama move to the left. He nearly beat Hillary Clinton in the 2016 Democratic primaries, and may have even been a stronger candidate against Donald Trump in the general. Now he’s back, and the party’s surging left wing is conflicted. At one level, it’s thrilling for the left: If the self-proclaimed democratic socialist were elected president in 2020, it would represent a truly historic swing in the country’s political orientation. No one would be as committed to the party’s new, socialist-inflected policy agenda than the guy who came up with much of it in...
  • What Taxing the Rich did to Elizabeth Warren and Alexandria Ocasio-Cortez's States

    02/21/2019 8:20:21 AM PST · by SeekAndFind · 22 replies
    Frontpage Mag ^ | 02/21/2019 | Daniel Greenfield
    Tax time is usually an unhappy time for taxpayers, but a joyous time for government employees and the welfare class that gets more in “refunds” than it ever pays in taxes. But this year, tax time is a depressing time for the taxmasters in the big blue states. Blue states use high taxes to finance their frivolous spending. But this year, the money just isn’t there even as House and Senate lefties from big blue states tout new plans to soak the rich. Senator Elizabeth Warren made headlines by building her 2020 campaign around a “wealth tax”. Warren called it,...
  • Ocasio-Cortez to Bill Gates: ‘I’m All Ears’ for Better Ideas to Tax The Rich

    02/19/2019 7:10:43 AM PST · by SeekAndFind · 36 replies
    PJ Media ^ | 02/19/2019 | Nicholas Ballasy
    WASHINGTON – Rep. Alexandria Ocasio-Cortez (D-N.Y.) responded to Microsoft co-founder Bill Gates criticizing her call for a 60-70 percent top income tax rate, saying she is “all ears” if he wants to propose other ways to tax the rich. Ocasio-Cortez has floated the 60-70 percent tax rate as a way to fund investments included in her Green New Deal proposal to combat climate change. In a recent interview, Gates said the Ocasio-Cortez tax plan is “missing the picture” and too “extreme.” “We can be more progressive without really threatening income generation,” Gates said. PJM asked Ocasio-Cortez for her reaction to...
  • Billionaire Richard Branson: Taxing the extremely wealthy like me 'makes sense'

    02/15/2019 7:20:49 AM PST · by Lockbox · 61 replies
    CNBC ^ | 2/14/19 | Berkeley Lovelace Jr.
    Billionaire entrepreneur and philanthropist Richard Branson said Thursday that taxing the rich "makes sense," arguing the extremely affluent have a responsibility to tackle some of the biggest problems in the world, including wealth disparities. "People like myself are incredibly fortunate," the Virgin Group founder told CNBC's Morgan Brennan in an interview. "I suspect there should be higher taxes for the wealthy around the world and I don't think they would object to that." Branson — with a net worth of $4.1 billion, according to Forbes — is part of the growing circle of elite business leaders questioning wealth disparity in...
  • A Woman Who Studied 600 Millionaires Found How Rich You Can Get Boils Down to 6 Things[tr]

    02/07/2019 8:40:47 AM PST · by simpson96 · 101 replies
    Yahoo Finance ^ | 2/6/2019 | Hillary Howwoffer
    Anyone can become rich if they know the right steps to take. But if you possess a certain set of characteristics, you may be more likely to become wealthy, according to Sarah Stanley Fallaw, director of research for the Affluent Market Institute. She co-authored “The Next Millionaire Next Door: Enduring Strategies for Building Wealth,” in which she surveyed more than 600 millionaires in America. To identify characteristics most predictive of net worth, Stanley Fallaw conducted two studies that included a group of individuals with a net worth ranging from $100,000 to $1 million and a group of high- and ultra-high-net-worth...
  • Billionaires are storing hundreds of millions of dollars' worth of art on superyachts

    02/04/2019 2:54:08 PM PST · by Jyotishi · 70 replies
    Vox ^ | Monday, February 4, 2019 | Gaby Del Valle
    An article about the practice sparked outrage over income inequality. Luxury yachts in St. Tropez. Frédéric Soltan/Corbis via Getty Images People who own yachts have lots of things to worry about. Is a yacht a good financial investment? (Usually not.) Will a group of class-warfare-waging rascals untie the boat from its dock, causing thousands of dollars in damage? (If you're Betsy DeVos, yes.) And then there's the latest concern plaguing superyacht owners: Is a yacht really a good place to store an art collection, which is worth more than the yacht itself? A growing number of billionaires -- at least...
  • Politico: Democrat's 'Soak the Rich' Resonates with Majority of Americans

    02/04/2019 8:54:55 AM PST · by SeekAndFind · 62 replies
    PJ Media ^ | 02/04/2019 | Stephen Green
    This is sad. Politico reports this morning that "polling suggests that when it comes to soaking the rich, the American public is increasingly on board." According to a poll they conducted along with Morning Consult, "76 percent of registered voters believe the wealthiest Americans should pay more in taxes." The story by Ben White also notes that a "recent Fox News survey showed that 70 percent of Americans favor raising taxes on those earning over $10 million — including 54 percent of Republicans." Even Alexandria Ocasio-Cortez's plan "to slap a 70 percent marginal rate on income earned over $10 million...
  • Rep. Ilhan Omar calls for sharp tax increases on the wealthy: 'We've had it as high as 90 percent'

    02/01/2019 9:08:30 AM PST · by Beave Meister · 30 replies ^ | 1/29/2019 | Rebecca Corey,
    “Through Her Eyes” is a new weekly half-hour show hosted by humanitarian and women’s rights activist Zainab Salbi that aims to explore a hot button news issue through the lens of a female newsmaker. You can watch “Through Her Eyes” every Tuesday at 8 p.m. on the Roku channel, and see full episodes at Weeks after Rep. Alexandria Ocasio-Cortez, D-N.Y., made headlines by calling for a top marginal income tax rate of 70 percent in an interview with “60 Minutes,” her fellow freshman congresswoman, Rep. Ilhan Omar, D-Minn., suggested that the rich could pay even more. “There are a...
  • Dems’ Dangerous Ideas on Fighting Inequality

    01/30/2019 3:55:35 PM PST · by Twotone · 16 replies
    American Spectator ^ | Betsy McCaughey | Betsy McCaughey
    Leftist Democrats eyeing the White House in 2020 are plotting new ways to confiscate Americans’ hard-earned money and give it away. Claiming economic inequality is a national crisis, they want to take money from those they say have too much. Senator Elizabeth Warren (D-MA) is pushing a first-ever wealth tax. Never mind that it’s unprecedented and unconstitutional. Warren says it would target only the richest one-tenth of a percent of the country. Maybe at first. When the federal income tax was imposed in 1913, it initially hit less than one percent of the country. Now half the nation pays it....
  • The super rich at Davos are scared of Alexandria Ocasio-Cortez's proposal to hike taxes [tr]

    01/22/2019 8:26:42 AM PST · by C19fan · 47 replies
    CNBC ^ | January 22, 2019 | Hugh Son and Brian Schwartz
    The elite financiers attending Davos are worried about the 70 percent tax rate on earnings above $10 million proposed by freshman Rep. Alexandria Ocasio-Cortez, D-N.Y. "It's scary," Scott Minerd, global chief investment officer for $265 billion Guggenheim Partners, said in an interview on the sidelines of the World Economic Forum in Davos, Switzerland. "By the time we get to the presidential election this is going to gain more momentum," said Minerd, who added that he would probably be personally impacted by it. "And I think the likelihood that a 70 percent tax rate, or something like that, becomes policy is...
  • Did We Really Used To Tax the Rich at 90%+? (see link for associated charts).

    01/08/2019 10:28:11 AM PST · by Signalman · 16 replies ^ | 4/9/2018 | Matt Palumbo
    There’s one regard in which some fiscal liberals want us to return to the “good ol’ days” – insanely high tax rates, especially on the wealthy. While the top tax rate is 37% today (previously 39.6%), debating raising or lowering the rate a few percentage points is pale in comparison to the rates of 70-90% we had in the past, we’re told. “When radical, socialist Dwight D. Eisenhower was president, I think the highest marginal tax rate was something like 90 percent” Bernie Sanders informed us, speaking tongue in cheek in regards to that “socialist” quip. “That 90% top rate...
  • Party of the Rich: Democrats Hold the 20 Wealthiest Congressional Districts

    12/27/2018 6:23:04 AM PST · by RightGeek · 19 replies ^ | 12/27/2018 | Terry Jeffrey
    Each of the nation's 20 wealthiest congressional districts, when measured by median household income, will be held by Democrats in the upcoming Congress. Republicans did not win one. These districts are not broadly dispersed. Only one is not on the East or West Coast. Seven are in or near New York City. Five are in the San Francisco Bay Area. Four are in suburbs of Washington, D.C. Two are in Southern California. One is near Boston. And another -- the only one in the middle of the continent -- sits west of Chicago. In the 115th Congress, which is about...