Wealthy

On Friday’s broadcast of Bloomberg’s “The Open,” acting Secretary of Labor Julie Su responded to a question on why the Biden administration is using tax dollars to give wealthy people credits to buy expensive electric cars by stating that they’re

The Internal Revenue Service (IRS) is targeting low-wage working-class Americans, as well as those in the middle class, with audits while earners making a million or more annually are reviewed at a lower rate, a report detailing federal data reveals. 

The top one percent of richest Americans now hold more wealth than the entire American middle class, data from the Federal Reserve reveal. 

The world’s ten richest people, including Bill Gates, Elon Musk, and Jeff Bezos, have seen their collective wealth grow by $500 billion since the beginning of the coronavirus, according to a report.

The super-rich are preparing to self-quarantine in places that are off the grid, whether they be on private islands or in disaster bunkers.

Failed 2016 Democrat nominee Hillary Clinton issued a warning on Wednesday, asserting at the New York Times’ DealBook conference that both Sen. Elizabeth Warren’s (D-MA) and Sen. Bernie Sanders’ (I-VT) plans to hike taxes on the ultra-wealthy would be “incredibly disruptive.”

Sen. Elizabeth Warren, who has decried the ultra-wealthy’s influence in politics in the past, has received contributions from at least 30 billionaires over the course of her political career, the New York Post found.

Wealthy cities and elite zip codes thrived under the slow-moving economic recovery of President Obama while rural American communities were left behind, a study reveals.

Wealthy Americans are the most supportive economic group of likely voters who want to see an amnesty for illegal aliens prioritized before securing the United States-Mexico border, a new poll reveals.

Top earners will not see their tax bill fall under the tax plan being worked out by Trump administration and lawmakers, Treasury Secretary Steve Mnuchin said Tuesday.

Senator John Cornyn (R-TX) is looking to expand the number of wealthy foreign nationals who can pay their way to permanent legal residency in the U.S. under the EB-5 visa.

A controversial visa program, known as the EB-5, which allows wealthy foreign nationals to promise significant domestic investments in trade for Green Cards has been extended in the latest spending bill.

“Kids start going to private schools, kids start working out at private clubs instead of the public parks, an anti-government ideology then disinvests from those common goods and those things that draw us together,” President Obama said at Georgetown University. His daughters attend Sidwell Friends, an expensive private school.

The hypocrisy of Elizabeth Warren is becoming more and more a matter of record. The same woman who said of the hate-the-rich Occupy Wall Street movement, “I created much of the intellectual foundation for what they do. I support what they do,” is not only wealthy beyond the dreams of most Americans but is part of the very 1% that the Occupy Movement venomously vilifies.