How Do Billionaires Make Money? By Having Money Already

How Do Billionaires Make Money? By Having Money Already

As Ray Charles wailed in a song of true-life blues: “Them that’s got is them that gets/And I ain’t got nothin’ yet.” While the workaday majority of Americans continue to be mired in our low-wage economy, the precious few at the tippy-top soared out of sight in 2019....
Trump Gave Yacht Owners an Anti-Poverty Tax Break

Trump Gave Yacht Owners an Anti-Poverty Tax Break

Breaking news: Donald Trump inadvertently said something true! He recently exulted that his special tax incentives to spur investment in poverty projects have gone “beyond anything that anybody… even thought.”  So true! His “Opportunity Zone” tax breaks are financing...