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Taxing millionaires and billionaires is a political no brainer for Democrats

Apr 15, 2026Center

The American financial elite have benefited from tax breaks while the rest of the population struggles, leading to a push for tax reform and increased taxation on the wealthy.

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Gov. Wes Moore on ‘responsibility’ to show ‘patriotism is not political’

NBC News Politics

2 hours ago

Gov. Wes Moore on ‘responsibility’ to show ‘patriotism is not political’

Gov. Wes Moore (D-Md.) joins Meet the Press NOW to preview his upcoming address on America’s 250th birthday as President Trump prepares to deliver his own remarks.

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Bannon warns the ‘old politics are gone’ amid Democrat socialist surge

BizPac Review

2 hours ago

Bannon warns the ‘old politics are gone’ amid Democrat socialist surge

Conservative commentator Steve Bannon weighed in on the stunning primary wins by far-left Democrat candidates, declaring that the country is entering a new era in politics. The […]

Far Right

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Wes Moore on democratic socialist gains: Voters want ‘someone who is going to fight for them’

The Hill News

3 hours ago

Wes Moore on democratic socialist gains: Voters want ‘someone who is going to fight for them’

Maryland Gov. Wes Moore (D) on Friday argued the recent rise in democratic socialist candidates stems from an appetite within the Democratic Party for fighters, but not necessarily for direct challengers to President Trump. “I actually don’t think people are looking for someone who can fight against the president,” the Democratic official told The Hill’s Judy…

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UPDATE: Louisiana Supreme Court Temporarily Blocks Politically Motivated Indictment Against AG Liz Murrill

The Gateway Pundit

4 hours ago

UPDATE: Louisiana Supreme Court Temporarily Blocks Politically Motivated Indictment Against AG Liz Murrill

The Louisiana Supreme Court on Friday temporarily halted criminal proceedings against Attorney General Liz Murrill, just one day after a New Orleans grand jury returned a politically motivated 16-count felony indictment accusing the Republican attorney general of intimidation and malfeasance. The post UPDATE: Louisiana Supreme Court Temporarily Blocks Politically Motivated Indictment Against AG Liz Murrill appeared first on The Gateway Pundit.

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Karoline Leavitt on the ‘Full Blown Communist Revolution’ Happening Thanks to Democrats (Video)

The Gateway Pundit

6 hours ago

Karoline Leavitt on the ‘Full Blown Communist Revolution’ Happening Thanks to Democrats (Video)

As the Democrat Party is in the midst of a communist takeover, White House Press Secretary Karoline Leavitt sent a stark reminder that the radicals are "not here to negotiate, they're here to destroy." On Tuesday, a 29-year-old Democratic Socialist ousted a longtime Democrat incumbent in Colorado’s 1st District House primary. The post Karoline Leavitt on the ‘Full Blown Communist Revolution’ Happening Thanks to Democrats (Video) appeared first on The Gateway Pundit.

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The Democrat Party Is Literally Communist, and the Voters Admit It! (VIDEO)

The Gateway Pundit

6 hours ago

The Democrat Party Is Literally Communist, and the Voters Admit It! (VIDEO)

Recent polling shows that Democrat voters openly want socialist candidates. The post The Democrat Party Is Literally Communist, and the Voters Admit It! (VIDEO) 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

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.”

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

Raw Story

8 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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Taxing millionaires and billionaires is a political no brainer for Democrats

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Taxing millionaires and billionaires is a political no brainer for Democrats

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