Why Billionaire Philanthropy Won’t Solve Anything – Second Thought

You ever notice how oligarchs like Warren Buffet and Bill Gates are cast as these uber-wealthy saviors who are singlehandedly raising the world out of poverty? That doesn’t happen by accident. In this week’s episode, we’re taking a look at the insidious philanthropy scheme billionaires use to make sure their reputation remains squeaky clean. Hope

27 House members sign letter asking Nancy Pelosi and Kevin McCarthy to bring stock trading ban to the floor: ‘We came to Congress to serve our country, not turn a quick buck’

27 House members are calling on leadership to “swiftly bring legislation” to ban stock trading to the floor. Rep. Jared Golden, who led the letter, says he wants to “make sure that we’re pushing for legislative action.” House Speaker Pelosi is now open to banning lawmakers and their spouses from trading stocks “if members want to

How American Workers Are Losing Billions – Second Thought

Schumer vows vote on Biden’s $1.75 trillion bill despite Manchin’s rejection

The U.S. Senate will vote early next year on President Joe Biden’s sweeping $1.75 trillion policy bill as well as on voting rights, the chamber’s top Democrat said on Monday, despite conservative Democratic Senator Joe Manchin’s opposition. Senate Majority Leader Chuck Schumer unveiled plans for both votes on Monday, the day after Manchin — who has stood as

Marjorie Taylor Greene owns stock in 3 vaccine manufacturers

U.S. Rep. Marjorie Taylor Greene, R-Rome, reported owning stock in three different COVID-19 vaccine makers during 2020, according to financial disclosures she submitted on August 13. Greene, who has been critical of vaccine mandates since the start of the pandemic and last month told a town hall she was not vaccinated, held the investments in

Dems Face 2022 Nightmare, Critics Warn, If Student Debt Payments Restart and Child Credit Ends

“These are policy choices,” said one economic justice group. “We don’t have to choose this. All of this is 100% unnecessary and avoidable.” Progressives are spelling out for the Democratic Party the disastrous implications that are likely to come with the government’s possible failure to extend the enhanced child tax credit right as the White House

Perdue to Spark New GOP Civil War by Challenging Gov. Brian Kemp

The winner is expected to face Democrat Stacey Abrams, who made her own campaign official last week. Former Sen. David Perdue (R-GA), whose defeat in a January runoff election handed the Senate majority to Democrats, is mounting a comeback bid—and his target is his former ally, Gov. Brian Kemp. Perdue will run against Kemp in the Republican

As Americans Demand Tax Reforms, Analysis Finds Top 1% Hold More Wealth Than Whole Middle Class

By comparison, in 1990 the top 1% held just 17% of the nation’s wealth—less than half of the middle class’ 36%. As the bombshell Pandora Papers continue to expose dubious details about how the world’s superrich hide their fortunes and avoid paying their fair share of taxes, Bloomberg on Friday published an analysis of U.S. Federal Reserve data revealing that Americans in

America’s billionaires pay an average income tax rate of just 8.2%, Biden administration says

The wealthiest 400 families in the United States are paying an average income tax rate of just 8.2%, according to a new analysis from the Biden administration. President Joe Biden and Democrats are pushing to raise taxes on the richest Americans as they look for ways to pay for their ambitious agenda, making its way through Congress

Late Filings Show Tuberville Traded $1 Million in Stocks in First 5 Months in Office

Sen. Tommy Tuberville (R-AL) has previously proven he doesn’t quite grasp the concept of some fundamental American principles like the three branches of government and the legal dates of the inauguration. Now he can add questionable stock trading to the list. Federal Election Commission filings show Tuberville bought and sold more than $1 million in securities in his