Posts in category

Billionaires Income


CNBC’s Jim Cramer on Wednesday called on US billionaires to more clearly support the country’s tax code reforms to avoid more liberal legislative proposals from politicians in Washington. “This administration doesn’t like you, so come up with something proactively that makes sure you don’t get taxed in the way [Sen.] Elizabeth Warren wants you to …

The extreme concentration of wealth, the millionaires point out (or admit), was not inevitable. Payne writes that “a small group of very wealthy people have spent a huge amount of money over a very long period of time to influence a political system to write tax laws to ensure that the economy brings them the …

According to a new national survey (okay, last week I asked 7 colleagues if they liked paying taxes and wished they could pay even more), it turns out that most Americans don’t don’t like taxes. But you knew it. At the same time, most taxpayers pay the full amount year after year. Many anti-taxers also …

Gautam Adani Indian billionaire Gautam Adani’s dream of climbing the global wealth rankings faltered after a media article raising questions about some offshore investors sparked a rout in his conglomerate’s six listed stocks. The mogul has lost more money than anyone else in the world over the past week, his fortune declining from about $ …

Senator Elizabeth Warren (D-MA) renewed her call for a wealth tax on some of the richest people in the United States and singled out Amazon CEO Jeff Bezos for his relatively low salary. Warren took to Twitter on Friday and pointed out that even though Bezos is worth tens of millions of dollars, he earns …

By Andy Taylor, Founder and CEO of dough Dough is a fintech startup dedicated to helping people manage and grow their money independently. Thanks to science fiction films like Terminator, artificial intelligence (AI) or “machines” often get bad press. Robots are described as something to be feared or at least not to be trusted. However, …

When ProPublica published its report Last week on the tax profiles of 25 of the richest Americans, the jaws fell across the United States. How was it possible that plutocrats like Elon Musk, Jeff Bezos, and Warren Buffett paid nothing in income taxes to the federal government? What sly tricks of the pen, what subterfuge, …

Self-made billionaires including Jeff Bezos and Elon Musk have made huge profits during the Covid-19 pandemic, but new report shows it’s impossible to beat family money when it comes to to become – and to stay – really, really rich. Ten of the richest families in the United States, including the Walmart family and the …

the Visitors advice governs the University, in everything from financial budgeting to infrastructure to long-term planning. While we can accept this as just a college operation, it’s really pretty weird. The state government imposes the existence of the Council – indeed, the Councils exist through public universities in Virginia. The governor appoints its members and …

Billionaire hedge fund manager Paul Tudor Jones told CNBC on Monday he was paying close attention to this week’s Federal Reserve policy meeting in light of recent economic data showing higher consumer prices. “If they treat these numbers – which were big events, they were very important – if they treat them nonchalantly, I think …