Salon.com

“Pay a fair share”: Sanders, Khanna propose wealth tax on billionaires

Mar 2, 2026Left

The tax revenue could result in direct payments to Americans making less than $150,000 a year

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Fox host warns Trump will pay for his 'breathtaking' corruption

Alternet.org

2 hours ago

Fox host warns Trump will pay for his 'breathtaking' corruption

On Friday, Fox News host and political analyst Brit Hume offered a prediction that President Donald Trump is unlikely to appreciate. If the Democrats come out ahead in the midterms, the chief executive could find himself paying big for his "breathtaking" crypto corruption. Hume's forecast comes in the wake of the president's 2025 financial disclosures earlier in the week, which revealed that his family raked in a shocking $1 billion from its cryptocurrency ventures while Daddy Trump regulated the market. As Mediate explains, "The filing reported roughly $500 million in income from World Liberty Financial, the crypto company founded with his sons Eric Trump, Donald Trump Jr., and Barron Trump, along with approximately $635 million from sales of the $TRUMP meme coin through CIC Digital LLC. The disclosure also detailed hundreds of millions of dollars in income from Trump’s real estate holdings and millions more from licensing deals and other business ventures. The president made more than $2 billion overall."Another Fox News host, John Roberts, called the numbers "eye-popping," prompting Hume to respond, "It is, John, and I think the right word for this is unseemly, for a president to profit while in office.”He continued, "Now, it’s not fair to say that he profited from the office, although, you know, that’s surely gonna be subject to investigation — particularly if the Democrats get control of one or both branches of Congress. But, if you wanted seemliness in the White House, Donald Trump was not your man, and if you wanted a guy that wasn’t very rich in the White House, he wasn’t your man for that either. The fact is that he’s a very rich guy, and when you hold the kind of holdings he has, you do get richer. This amount from crypto seems breathtaking, but as the point was made by you and [Treasury Secretary] Scott Bessent, not illegal. So, the people that don’t like Trump won’t like this. The people that do like Trump won’t care very much, in my judgement."Hume is only partly true in regards to that last assertion. While much of MAGA has remained loyal to the president regardless of his financial improprieties, he's had pushback from some high-profile supporters. The New York Post, for example, which is typically complimentary toward Trump, declared that a recent story involving his sons' profiting off a Kazakhstan mining deal their father struck "stinks to high heaven." According to the Post, "The Lutnick [sons of Treasury Secretary Howard Lutnick] and Trump boys have been sloshing around in the muck since their dads came to power 18 months ago. They’ve profited handsomely from cryptocurrency deals while the government their fathers control were setting crypto policy.”

Left

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‘A total disappointment’: revelers face unbearable heat at Great American State Fair

US news | The Guardian

3 hours ago

‘A total disappointment’: revelers face unbearable heat at Great American State Fair

Attendance had been thin to Trump’s ‘unbelievable’ event before an increase on Friday – and then the high temperatures swept inEven by Trumpian standards, the event was promoted with intense hyperbole: nothing short, the US president suggested, of the “the most unforgettable birthday party any country has ever seen”.“It’s gonna be great,” Donald Trump proclaimed on the opening night of the Great American State Fair, the centerpiece of the US 250th anniversary celebrations. “It’s gonna be unbelievable.” Continue reading...

Center Left

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Extreme heat temporarily closes Great American State Fair

NewsNation

4 hours ago

Extreme heat temporarily closes Great American State Fair

Much of the country is under a heat dome that is shattering temperature records.

Center

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Americans Cheer as B-2 Stealth Bomber, Fighter Aircraft Fly Over Great American State Fair in DC Amid 250 Celebrations (VIDEO)

The Gateway Pundit

4 hours ago

Americans Cheer as B-2 Stealth Bomber, Fighter Aircraft Fly Over Great American State Fair in DC Amid 250 Celebrations (VIDEO)

B-2 Bombers and other fighter aircraft flew over the Great American State Fair in DC on Friday. The post Americans Cheer as B-2 Stealth Bomber, Fighter Aircraft Fly Over Great American State Fair in DC Amid 250 Celebrations (VIDEO) appeared first on The Gateway Pundit.

Far Right

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Mt. Olive Pickle Co. exits Great American State Fair over Confederate flag

The Hill News

5 hours ago

Mt. Olive Pickle Co. exits Great American State Fair over Confederate flag

"Our company stands on values of human dignity, opportunity, and freedom."

Center

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MAGA reporter declares: 'Uncool' State Fair debacle is the 'end of Trump'

Alternet.org

6 hours ago

MAGA reporter declares: 'Uncool' State Fair debacle is the 'end of Trump'

On Friday, a prominent MAGA journalist called it: “The State Fair debacle is the end of @realDonaldTrump as a cultural force.”Alex Berenson – a veteran journalist who gained MAGA fame for his vocal COVID denial and voted for President Donald Trump in 2024 – posted this declaration to social media along with a photo of an almost completely empty National State Fair, at the center of which stood a mini mockup of the Commander in Chief’s crumbling triumphal arch. “Trump has always been uncool in a cool way,” Berenson continued. “He’s so in love with himself and his own awful taste you appreciate him even if you hate him. But this is just a box-office bomb, and it makes him look so old.”His dismal assessment comes amid rampant reports of the fair’s many disappointments. The event – much touted by Trump in the weeks preceding it – has been characterized by thin to nonexistent crowds, prompting the crowd-size-obsessed president to fly into a rage and fret that no one will show up to his 4th of July rally. His own supporters have called it “really disappointing,” “unnecessarily vanilla,” and “like a silent protest.” Even Fox News ditched the affair after wasting too much airtime on “live shots of empty grass.”The National State Fair is part of the wider celebrations marking the United States’ 250th birthday, which have been plagued by controversy, scandal, and failure for months. In May, the fair concert series fell apart within hours of its lineup announcement as musicians quit, saying they’d been misled about the event’s pro-Trump connotations. Somewhere along the way, Trump decided the Reflecting Pool needed to be painted, and that debacle spun out into Algaegate. This and other projects have been riddled with accusations of no-bid contracts and shady dealings. Berenson’s assertion that the end of Trump is nigh comes as the MAGA movement descends into “civil war.” The president has lost some of his most important political and media allies, like Tucker Carlson and Marjorie Taylor Greene. The ‘Relectant Right’ who played a key role in his 2024 election have soured. And even the white working-class voters who are his most loyal support base have drifted away. Overall, Trump’s approval ratings have plunged to historic lows, increasing to just 37 percent in recent days.

Left

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

Raw Story

6 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.”

Far Left

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Mamdani calls out Musk’s ‘hunger’ for wealth

The Hill News

7 hours ago

Mamdani calls out Musk’s ‘hunger’ for wealth

New York City Mayor Zohran Mamdani (D) took a thinly veiled jab at Tesla founder and CEO Elon Musk on Friday during a speech commemorating the 250th anniversary of American independence, saying the trillionaire’s immense wealth epitomizes the “contradictions” that exist in the country. “As we mark 250 years, what do we see?” Mamdani asked…

Center

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“Pay a fair share”: Sanders, Khanna propose wealth tax on billionaires

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“Pay a fair share”: Sanders, Khanna propose wealth tax on billionaires

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