The Intercept

Scott Wiener Opposes a California Billionaire Tax. So Do His Tech CEO Backers.

May 12, 2026Far Left

Crypto executive Chris Larsen has spent millions fighting billionaire tax measures, and he’s the largest individual donor to a PAC backing Wiener. The post Scott Wiener Opposes a California Billionaire Tax. So Do His Tech CEO Backers. appeared first on The Intercept.

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Billionaire Tech Mogul Peter Thiel Warns Woke AI Company Anthropic Could Rig 2028 Election for Democrats

The Gateway Pundit

24 minutes ago

Billionaire Tech Mogul Peter Thiel Warns Woke AI Company Anthropic Could Rig 2028 Election for Democrats

Billionaire technology Peter Thiel warned that AI company Anthropic could use its technological advantage to influence the 2028 presidential election in favor of Democrats. The post Billionaire Tech Mogul Peter Thiel Warns Woke AI Company Anthropic Could Rig 2028 Election for Democrats appeared first on The Gateway Pundit.

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Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Raw Story

7 hours ago

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

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Billionaire Trump ally melts down in spat with pope: ‘Working for Chinese communists”

Raw Story

9 hours ago

Billionaire Trump ally melts down in spat with pope: ‘Working for Chinese communists”

Right-wing tech billionaire Peter Thiel is accusing Pope Leo XIV of doing the work of the Chinese Communist Party with his criticisms of artificial intelligence.According to a Thursday report from CNN, Thiel told the Aspen Ideas Festival in Colorado on Tuesday that the pope was inadvertently serving as a “Chinese communist agent” when he released a 42,000-word encyclical that called for strict regulation of AI, a technology that the pontiff said heightens the “risk of dehumanization” throughout the world.Thiel argued that this sort of thinking was dangerous, CNN reported, because it could result in the US losing the “race” to build more advanced AI to China. Because of this, Thiel continued, the pope is essentially “working for the Chinese communists” by trying to tap the brakes on AI development.Thiel, a co-founder of PayPal and Palantir, has long decried AI critics in harsh terms. Over the last year, he has been delivering a series of lectures in which he has said that opponents of AI development are working as agents for the Antichrist.Journalist Christopher Hale, who writes the Letters From Leo newsletter, noted on Friday that Thiel in the past has even speculated that Pope Leo could be “a manifestation of the Antichrist.”Thiel has said that he instructed Vice President JD Vance, a longtime political ally who received major funding from the tech billionaire for his 2022 Senate campaign, to ignore the pope’s moral guidance despite influencing Vance to convert to Catholicism, Hale added.“Thiel seeded the vice president’s Catholic faith,” Hale wrote, “and he now tells wealthy festival audiences that the leader of that faith works for a communist government.”In addition to his attacks on the pope, Thiel also warned about “a democratic-socialist takeover of the Democratic Party,” pointing to recent victories in New York and Colorado of candidates backed by the Democratic Socialists of America.Thiel said that this “takeover” would doom the US, arguing that “when the Democratic Party goes, this country is over,” according to CNN.The New York Times reported in May that Thiel has grown so concerned about the political situation in the US that he’s created a “foothold” for himself in Argentina, which is currently being governed by ideologically likeminded libertarian President Javier Milei.“Thiel, who has a history of collecting backup countries as he hedges his bets against the United States, is considering making Argentina another Plan B,” the Times reported. “Born in Germany and raised in the United States, he received citizenship in New Zealand in 2011, and applied for a passport in Malta in 2022.”

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What do people in the US hope for the country's future?

BBC News

14 hours ago

What do people in the US hope for the country's future?

As the US celebrates its 250th birthday, the BBC asked people across the country for their top aspiration.

Center

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California city council members voted out in a landslide refuse to leave office

Blaze Media

15 hours ago

California city council members voted out in a landslide refuse to leave office

Elected officials in California are carrying on with business as usual, even after their constituents voted overwhelmingly to send them packing.An election was held on April 28 in the California city of Avenal in Kings County, where the mayor, Alvaro Preciado, and three city council members — Leticia Gamez, David Reynosa, and Pablo Hernandez — were recalled with at least 76% of voters backing the ouster in each case. The Kings County Registrar of Voters certified the recall election.'I’ve never seen a city so deflated.'The driving force behind this electoral housecleaning — which the council members unsuccessfully attempted to stop with a lawsuit in April — was principally voter concerns about transparency and the council's previous decision to cease contracting with the county fire department.Preciado, Gamez, and Hernandez voted on June 11 to reject the will of the electorate and remain in office. They even approved a new city budget despite recall advocates producing a restraining order, reported the SF Chronicle.Those officials clinging to power, including Reynosa, maintain that the recall election was conducted unlawfully by Kings County and without the council's authorization.Preciado told the SF Chronicle last month that he was staying in office until a judge decides on the recall's legality.California Democrat Attorney General Robert Bonta cleared the way for legal action against the recalled officials on June 11.RELATED: Gov. Pritzker says he's one of the good billionaires, not the ones vilified by socialists In his opinion, Bonta noted that "if the Relators are correct on the merits, then the Defendants are not lawfully occupying office. It would not be in the public interest to permit elected officials to disregard election results."Days after Bonta granted the recall campaigners' application for leave to sue in quo warranto, residents served Preciado and the other recalled officials a lawsuit and an earful at an Avenal city council meeting.Dalila Barajas, a resident of Avenal who is one of the recall proponents, told KGPE-TV, "It just seems that the more meetings they have, the more money that they're spending illegally, the more our citizens are getting frustrated and the more we're asking for them to step down."While Bonta cleared lawsuits against the recall officials, King County District 2 Supervisor Richard Valle criticized the state attorney general for his apparent disinterest in the scandal, telling KMPH-TV on Wednesday, "I believe that if these were MAGA republicans who were refusing to leave office, someone in California would have done something about that.""We were hoping he would take some action," added Valle."I’ve never seen a city so deflated in my time of being around in public service. The people feel like nobody’s coming to help," added the King County supervisor. "Why is it being allowed to take place here in the state of California, in the county of Kings, in the city of Avenal? It’s embarrassing."Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

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Former Tricolor CEO pleads not guilty to alleged $800 million plot handing out car loans to illegal aliens

BizPac Review

23 hours ago

Former Tricolor CEO pleads not guilty to alleged $800 million plot handing out car loans to illegal aliens

A former CEO pled not guilty to charges concerning an alleged $800 million plot that reportedly provided subprime loans to illegal aliens. Former Tricolor Holdings CEO Daniel […]

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‘Baddies Gone Wild’ star claims Zeus Network CEO promised he’d make her a TV star in return for sex: suit

New York Post

Yesterday

‘Baddies Gone Wild’ star claims Zeus Network CEO promised he’d make her a TV star in return for sex: suit

The lawsuit claims the alleged actions happened for years.

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Trump hijacked US’s 250 anniversary to serve ‘political ideology and pet projects’, congressional report says

US news | The Guardian

Yesterday

Trump hijacked US’s 250 anniversary to serve ‘political ideology and pet projects’, congressional report says

House Democratic subcommittee report outlines web of alleged corruption, wire fraud and pay-to-play schemesDonald Trump staged a hostile takeover of the US’s 250th anniversary celebration to enrich political allies, harvest voter data and promote Christian nationalist ideology, according to a congressional investigation released on Thursday.The interim report, “From Vanity to Insanity: How the White House Cheated the American People Out of Their 250th Birthday”, outlines a web of alleged corruption, wire fraud and pay-to-play schemes orchestrated through a shadow corporation embedded within the National Park Foundation (NPF). Continue reading...

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Scott Wiener Opposes a California Billionaire Tax. So Do His Tech CEO Backers.

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Scott Wiener Opposes a California Billionaire Tax. So Do His Tech CEO Backers.

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