The Hidden Wealth Transfer in the SpaceX IPO. Neil deGrasse Tyson on Aliens and Trump UFO Files. Thousands Celebrate End of Orbán's 16-Year Rule. Trump’s Approval Rating and America’s 250th Party. What You Learned About Genetics Is (Mostly) Wrong.
The doubling of estimated revenues from the Warren wealth tax adds a dimension to the debate on how to redesign the tax code. The numbers show that the bulk of the money available for taxation is currently shielded.
Wealthy individuals are treating where they live and what citizenship options they have with the same considerations they would extend to diversifying investments. “We are truly experiencing the largest private wealth migration in history.”
Forget partisan finger-pointing. The Jeffrey Epstein scandal cuts across party lines, indicting economic and political elites alike. Epstein just enjoyed the perks of life in one of the very top tiers of a society where laws are for little people.
America’s richest earn in hours what ordinary workers earn over lifetimes. As Donald Trump’s tax bill seeks to make the plunder of the filthy rich permanent, “inequality” no longer feels like a strong enough word for what we’re facing.
This counterrevolution is strange because there never was a revolution. They’re upset about pronouns. They’re upset that their workers want some workplace democracy. They’re upset about DEI. They really believe that their power should be absolute.
Interview with Jim Stanford by David Moscrop
Convergence
Canada raised its capital gains tax inclusion rate, sparking outrage from the investing class, who warned of economic disaster. The data shows that their histrionics were groundless.
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