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For the fabulously wealthy, paying taxes is pretty much optional. They can borrow against their vast wealth, which is mostly an untaxed capital gain, without paying taxes. When they die, the capital gain goes to zero. And loopholes exist to bypass the estate tax too.
“Billionaires who popularized stock-based lending include Larry Ellison and Elon Musk. Both borrow to avoid having to sell shares—which could trigger a taxes and dilute their voting rights—in companies they founded.” www.wsj.com/finance/the-...
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Replying to @atrupar.com
This was supposed to be satire. theonion.com/doj-to-bring...
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what an asshole
Samuel Alito: We won't overturn Obergefell because it's engendered reliance interests. Jan Crawford: Well, many people had organized their lives around Roe v. Wade. Alito: No, they didn't. Women merely had an "abstract" interest in "ideas about the kind of society that they were going to live in."
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“I’m lying. This is a lie. We do this every single weekend. These shows, presented as informational, are merely forums for us to blatantly lie.”
KARL: Do you support Trump banning news organizations because he doesn't like what they're reporting? SCALISE: Look, Biden removed the press credentials from 400 agencies KARL: That's not true. 400 reporters who had credentials didn't reapply. They weren't banned from the WH. That did not happen.
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Glaciologist @matthias-huss.bsky.social shows that the centre of the Great Aletsch glacier in Switzerland (the biggest in the Alps) lost 6 meters(!) of thickness just this summer. "No words...", he adds on LinkedIn.
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Any president sending bulldozers to rip through our national parks is committing an unforgivable crime against our country's heritage. Trump & his GOP enablers are perfectly happy to permanently destroy America’s pristine landscapes just to build monuments to their own hate & political theater.
Bulldozers sent by Trump have begun tearing up Big Bend National Park to build a border wall through the protected public land. The Trump administration waived dozens of environmental laws to permit the construction.
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Replying to @steventdennis.bsky.social
Issue for Rs is stocks have been soaring under Trump - corporations and the wealthy got a fresh round of tax cuts, many getting massive refunds after scotus nuked his global tariff regime, regulations nixed - but consumers / voters very unhappy. K-shaped $ -> K-shaped politics
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ONCE AGAIN TAPPING THE SIGN www.hamiltonnolan.com/p/dont-take-...
The vibes may be exciting, but if Democrats are going to win this year and in 2028, they must reject the DSA. If you’re tempted by a democratic socialist this year, think of what use Republicans will make of these victories, and ask whether you want to do favors for fascists.
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nobody is giving fox news more headlines about how democrats can't win general elections than moderate candidates and their supporters in the media
What 'moderation' really means is adopting the views of a very small group of loud, centrist writers and their big business backers, and is increasingly out of step with (a) the big problems in the US and (b) the polling on what Americans say are the biggest problems they want government to fix.
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The US built the greatest talent magnet ever, attracting the smart, skilled, and striving. They’d come to study, then stay and build things here, or leave with positive impressions and fruitful connections. Helped make the US wealthy and powerful. Then America chose to throw it away. And for what?
Congrats we just made it impossible to come here for a PhD www.bostonglobe.com/2026/07/16/m...
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As much as you hate the corporate media, you can never hate them as much as they apparently hate themselves. This is a level of willing self-abasement and abject humiliation that the world hasn't seen since Renfeld.
Trump is scheduled to deliver his pack of lies about the 2020 election on Thursday. Eight days later, the White House Correspondents' Association plans to welcome him as an honored guest at its dinner. It's not too late to cancel the damn dinner and stop being quislings in service to a dictator.
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Roe is gone. Trans people have been sufficiently shoved under the bus and run over (twice). What will the boogeyman of the mid-terms be?
Today's SCOTUS ruling is downstream of a years-long push by right-wing media bigots to turn trans sports into a key culture war wedge issue. www.mediamatters.org/fox-news/fox... www.mediamatters.org/fox-news/usa... www.mediamatters.org/fox-news/ove...
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I’m just a shitlib, but until the dems are willing to take on the concentrated power of capital and the mechanisms that led to it they’re just painting the titanic a different color. bsky.app/profile/mjsd...
The Supreme Court's second opinion is NRSC v. FEC. By a 6–3 vote, the court guts another campaign finance statute and overturns a 2001 precedent that upheld restrictions on political parties' coordinated expenditures with candidates. The three liberals dissent. www.supremecourt.gov/opinions/25p...
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You may have heard about the OMB rule change that will put politics over federal grants. However bad you think it is? It's probably worse. Thanks to @theverge.com for letting me report this one out. There is still time to comment. bit.ly/4v2X4nQ
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Tony Bourdain taught us all that a place is full of good food, good people, and good experiences despite very shitty politics and I think it’s kind of classically American to have thought we were excluded from that Venn diagram
I thought the world cup was going to be a nightmare, but I forgot that we actually love when people like us
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