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-...
I do think when historians look back the period the exact moment where it flipped and started going the other way won’t be anything any politician did but my Minneapolis neighbors weathering the worst of the regime in the streets, rallying together, fighting back, and winning
I know there's a lot going on but I feel it should probably be more of an above-the-fold story that members of Congress released a thoroughly documented report directly accusing the president of the United States of being a serial rapist.
For the last month, I've been posting examples of Trump's authoritarianism that I call "Dictator Move of the Day." If you search that phrase, you'll see that the fascist president is constantly trying to undermine our democracy.
I'm going to keep doing these posts. We've got to stop him.
10 years ago today, Trump’s DC hotel opened.
It taught him people will pay a sitting president, and there will be no repercussions.
Want to understand the second term’s corruption? Start with the hotel:
El-Sayed on Trump's cognitive tests: "I went to medical school...In my neurology unit, I would have to give that MoCA exam...The only people that you give a MoCA test to are people who you worry may have cognitive deficits. By definition, if you're taking one of those tests, something's wrong."
Anyone else deeply ashamed of our country for allowing a convicted felon, pathological liar, serial abuser of women, and traitor to seize power?
Ready to fight back?
Vote against all Republicans.
I’m not a political journalist, so was gladly surprised at the community I found here last night. To Americans anxious about the upcoming elections, a key thing we learned in Brazil that might help you: DO NOT engage with the far-right online. Don’t share rage bait. Amplify your people. Ignore them.
The more I read about how the tide turned in Brazil the more I find it a larger scale version of how Minneapolis fought back and turned the tide against ICE.
It was normies and neighbors getting organized and using alt channels of communication to band together and fight.
Also—
💰️ $8,000: the room rate for Jan 6, 2021. And Trump got it. Hotel manager claimed they set room service records that week.
💰️ $415: the average room rate at downtown D.C. luxury hotels on Jan. 6
As Trump proclaims that he is happy oil prices are high, adding "I don't give a damn, I'm gonna say it: We're making a frickin fortune," remember that the 'we' refers to Trump, his family, and his donors. 99% of American people are suffering, the Trump only cares about himself and his donors.
Three times in the past two days, Elon Musk tweeted out "Live by the sword, die by the sword." He was responding to suggestions that he and his business interests will soon be facing a lot more scrutiny.
Two of his three tweets were in response to us at The Bulwark.
It really is the perfect distillation of Elon: thuggish but buffoonish; trying to sound tough but coming across as a dweeb; unavoidably menacing because he is obscenely rich; and utterly incapable of mustering either the strategic sense, the restraint, or the dignity of silence.
Note that this "blessing" occurred moments after Trump expressed his vigorous support for Vivek Ramaswamy's ad attacking his opponent over being a 12-year-old rape victim. None of Their Eminences had anything to say about that, either. Disgraceful. bsky.app/profile/kyle...
NEW: Denver Archbishop James Golka leads a prayer for President Trump, alongside Trump’s faith advisor Paula White, who called the Black Lives Matter movement the anti-Christ and suggested Christians will have to answer to God if they don’t vote for Trump
Donald Trump has sent his DOJ cronies to file a bullshit lawsuit to try to steal a Senate election in Alaska. They will fail.
When we fight, we win.🗳️⚖️💪
Allowing one unelected man to have control over crucial aspects of the US military, allied militaries, the US space program, and so many other aspects of human life is absolutely insane. We were stupid to allow this to happen and it must be fixed ASAP.
It’s a no brainer: PMR 1, nicknamed the “Exposed Cranium” nebula, is pretty cool. #NASAWebb’s mid-infrared view reveals its structure, which provides evolutionary clues: The outer gas shell was ejected first, and an inner dust cloud followed suit: https://go.nasa.gov/4yaYgIg 🔭
Do they even understand how much they’re pissing people off by doing this.
Whatever research that convinces them that spamming everyone is all upside is bullshit.
It is like they’d rather have all my contact info to sell to other campaigns forever than receive my donation. It sucks.
You should really look into what we are talking about here. We are not talking about receiving an email from a person we donated to. We are talking about all of our contact info being sold 4 million times and spammed into oblivion to enrich consultants.
data4democracy.substack.com/p/the-mother...
accurately describing Trump and his administration can make anyone sound like a partisan lib - until you realize that Trump really is that corrupt, malicious, mentally ill and stupid.
It may make me sound like a partisan lib but I actually think it’s Bad that the President thinks he can use a small army of men with loaded guns to disrupt the legitimate electoral process in California simply because he thinks it’ll help him and his party politically this close to an election…
One good thing has come out of the rise of MAGA fascism: complete moral clarity. It's obvious what's the right thing to do, and it's to vote against all Republicans.
We have to end Citizens United. We need to ban stock trading by members of Congress. Our government should be an effective tool for the working people of this country—not a moneymaking opportunity for elected officials.
Ukraine was winning the war, so Trump kneecapped Ukraine to help Russia.
I wish it weren’t that simple, but it is. Our president is in bed with our enemies.
Trump is planning to announce a new program that will pay people up to $30,000 for successful tips about government fraud, according to the White House on.wsj.com/4k7PMxb
Because most mainline Prots are ignorant (still) about evangelicalism & its political trajectory over the last 40 yrs.
On a popular level, mainline Prots REFUSE to engage faith & politics in their church. Absolutely REFUSE.
There's no robust political theology in most (not all) mainline settings.
An important point to be taken from PRRI's big survey today:
Mainline Protestants still don't know what Christian nationalism is. In general, they believe that Christian nationalism is what should be called patriotism - flags in churches, a Boy Scout troop, singing the national anthem, etc.
Radical Islam is dangerous, but its presence in the U.S. is relatively small. Christian nationalism, meanwhile, has substantial political influence and seeks to enshrine religious beliefs into law.
One is a fringe movement here. The other has a seat at the table of power.
Elon Musk is trying to buy this Senate seat in Texas.
He wants our land, he wants our water, and he wants his own personal U.S. senator. He’s trying to buy Texas.
But on November 3rd, we’ll deliver a clear message to the world’s first trillionaire: Texas is not for sale.
The Trump regime’s window to get Russia a victory in Ukraine without Congress exposing the corrupt personal payments Trump and Co. will get from Russia if they pull it off is down to three months. Hence the big push now.
3 days ago Trump said if it wasn't for one dumb general Russia would have seized Kyiv on day one. Today Rubio is telling us that the war isn't about controlling Ukraine, it's just about Donetsk.
They can't get their story straight, but they all seem in a big hurry to sell out Ukraine to Putin.
Outstanding.
More of this, please. Elon Musk is a white nationalist troll using the billions he made off government contracts to destroy this nation.
Light. Him. Up.
Talarico: "We just found out that [Elon Musk] is almost single-handedly bankrolling this effort to install Ken Paxton in the U.S. Senate and defeat this movement...Elon Musk wants our land. He wants our water. He wants his very own personal United States senator. He is trying to buy Texas."
Talarico: "We just found out that [Elon Musk] is almost single-handedly bankrolling this effort to install Ken Paxton in the U.S. Senate and defeat this movement...Elon Musk wants our land. He wants our water. He wants his very own personal United States senator. He is trying to buy Texas."
When you have wealth, you want power.
When you have power, you want wealth.
When you have both, you want to live forever and be God.
That’s when you’re f—ked.
My interview with @sfgate.comwww.sfgate.com/sf-culture/a...
Sleep and the meaning of life — Portuguese poet and philosopher Fernando Pessoa on the existential dimension of the horizontal hours www.themarginalian.org/2026/02/24/f...
The US economy is about 12 times larger than the Russian economy and per capita output is six times larger. CA, NY and TX surpass Russian output. It's a minor economic country. But Trump only wants to match the scale of theft and dictatorial, oligarchic rule of Putin, the people be damned.
Illinois has surpassed its original goal of eliminating $1 billion in medical debt by more than $400 million — all while spending less than $10 million in state dollars to improve the lives of hundreds of thousands of Illinoisans.
Did we really win the Cold War? Defeat fascism? Bury the Confederacy? In retrospect, thanks to Trump, MAGA and their enablers, perhaps none of those things. My latest. Hope you’ll give it a read. davidrothkopf.substack.com/p/so-as-it-t...
Putin is once again playing to Trump's ego and stupidity. Agreeing to a three-way "Yalta-style" summit would:
1) Fulfill Putin's dream of being recognized as one of three top world leaders.
2) Be held with the goal of carving the world into spheres of influence.
3) Be a disaster.