“The bottom line here is we have to help the middle class, not the 1%,” said the senator. Sen. Bernie Sanders warned late Thursday that a tax deduction that will disproportionately benefit wealthy Americans and that Democratic House leaders insisted on keeping in the Build Back Better Act will harm the party in upcoming elections,Continue reading “‘Bad Politics, Bad Policy’: Sanders Slams House Democrats for Including Tax Cut for Rich in BBB”
The Wisconsin multimillionaire paid $2,105 in 2017. In previous years, the bill was 30 times that Sen. Ron Johnson, R-Wisc., paid next to nothing in 2017 state income taxes compared to previous years, despite reporting an individual income of at least $450,000. According a Milwaukee Journal Sentinel report released Thursday, the Republican lawmaker paid exactly $2,105 inContinue reading “Sen. Ron Johnson, worth millions, paid almost nothing in 2017 state income tax–and won’t explain why”
In which John Green teaches you about the tumultuous 2000’s in the United States of America, mainly the 2000’s that coincide with the presidency of George W Bush. From the controversial election in 2000, to the events of 9/11 and Bush’s prosecution of the War on Terror, the George W. Bush presidency was an eventfulContinue reading “Terrorism, War, and Bush 43: Crash Course US History #46”
In which John Green teaches you about the end of the Cold War and the presidency of George H.W. Bush. It was neither the best of times, nor the worst of times. On the domestic front, the first president Bush inherited the relative prosperity of the later Reagan years, and watched that prosperity evaporate. ThatContinue reading “George HW Bush and the End of the Cold War: Crash Course US History #44”
In which John Green teaches you about what is often called the Reagan Era. Mainly, it covers the eight years during which a former actor who had also been governor of the state of California was president of the United States. John will teach you about Reagan’s election victory over the hapless Jimmy Carter, taxContinue reading “The Reagan Revolution: Crash Course US History #43”
We hear a lot about the Democrats being “the radical left.” Most of us know this obviously isn’t the case, but what many Americans don’t realize is that the Democrats should not be considered left-wing at all. In this episode we’re exploring the ratchet effect and the long rightward shift of the Democratic Party.
A new report from research firm Wealth-X found that the number of global billionaires rose above 3,000 in 2020. It’s a first, per the report, with billionaires around the world increasing their collective wealth by 5.7%. Wealth taxes have been floated as one way to redistribute wealth and address pandemic inequity. The pandemic was aContinue reading “The number of billionaires grew by 13.4% in 2020 – making the pandemic a ‘windfall to billionaire wealth’”
After nine months of secret collaboration, a global team of over 380 investigative journalists released the findings of one of the largest troves of leaked documents in history last week: the Paradise Papers. The investigation, shepherded by the same team that released the Panama Papers, offers unprecedented insight into the clients and business activities relatedContinue reading “Paradise Papers: The True Story Behind The Secret Nine-Month Investigation (2017)”