You Searched For "tax breaks for rich" and got 20 results
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4 mins read
Gen Z might have missed out on their chance to get rich through homeownership
Homeownership has made some millennials rich. Gen Z might not be so lucky.
Jacob Zinkula,Andy Kiersz
1 min read
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
3 mins read
Tourists can be a turnoff for wealthy travelers in hotspots like Tulum and Mykonos. Here are 4 places that are still an oasis for the ultra-rich.
The ultra-wealthy are looking for privacy and top-notch service on their summer vacations. Here are…
Jordan Hart
2 mins read
Bernie Sanders once again wants to raise taxes on rich heirs
Sen. Bernie Sanders and other progressives want people inheriting over $3.5 million to pay at least…
Juliana Kaplan
7 mins read
How Trump's 'I'm rich!' boasts are coming back to bite him in court
Donald Trump can't help bragging about his wealth. But his boasts helped fuel the $83.3M E. Jean C…
Laura Italiano,Jacob Shamsian
2 mins read
Senate Democrats want to beef up Medicare by closing a tax break currently used by the rich
Democrats are still ironing out how to pay for other parts of a $1 trillion bill, like clean energy…
Joseph Zeballos-Roig
4 mins read
The American appetite to tax the rich is high — and growing with each passing year
The recent developments in Washington state offer a warning for America's wealthiest people and cor…
Paul Constant
4 mins read
Getting rich is only a swipe away
Social media has proved a fertile hunting ground for fraudsters looking to pitch people get-rich-qu…
Dan DeFrancesco
3 mins read
The big tax break for New Yorkers and Californians that Trump wiped out in 2017? Democrats are determined to bring it back.
Trump's 2017 tax law limited the SALT deduction tax break. Some Democrats want to bring it back but…
Juliana Kaplan,Joseph Zeballo…
2 mins read
Some House Democrats threaten to revolt against a Manchin-approved spending plan if a tax cut for the rich isn't included
Rep. Josh Gottheimer is leading a group of Democrats who want to include a tax cut in any spending …
Joseph Zeballos-Roig
2 mins read
Jamie Dimon reveals what he would do as president: Tax people like Bill Ackman more
JPMorgan CEO Jamie Dimon said that if he were president, he'd make the wealthy — like Bill Ackman —…
Madeline Berg
2 mins read
Bernie Sanders is pushing to limit a tax break in Biden's $1.75 trillion spending bill that would mostly benefit the rich
Sanders unveiled a plan Wednesday to ensure the rich don't get a tax cut in the reconciliation bill…
Tom Porter
3 mins read
Elizabeth Warren says Republicans are 'running a con game' with the debt ceiling, and repealing Trump's tax breaks for the wealthy should come first
Warren said in a Boston Globe op-ed Republicans don't really care about the national debt; they jus…
Juliana Kaplan,Ayelet Sheffey
2 mins read
Biden's big spending bill is being partly held up by Democrats squabbling over tax cuts for the rich
Senate Democrats are still feuding over how to structure a tax break that would go to wealthier peo…
Joseph Zeballos-Roig
2 mins read
Researchers have found why some people are fans of ultra-rich individuals like Jeff Bezos or Elon Musk, but not billionaires in general
When billionaires were viewed as a group, a study's participants were more likely to be supportive …
Dominick Reuter
4 mins read
Manchin and Sinema are on a collision course over closing a tax loophole for rich Americans. It could upend Biden's $790 billion deal.
It's possible Democrats will wait days, if not weeks, before Sinema breaks her silence on a surpris…
Joseph Zeballos-Roig,Juliana …
2 mins read
Biden slams Trump for racking up $8 trillion in debt as he vows Democrats will pay for their spending plan by taxing the rich
After the Senate passed Biden's infrastructure plan, the president said his economic agenda wouldn'…
Ayelet Sheffey,Joseph Zeballo…
3 mins read
The IRS could recover $12 for every $1 spent on scrutinizing the ultra-wealthy's taxes
America's highest earners are pretty adept at not paying the taxes they owe. Scrutinizing them coul…
Juliana Kaplan
3 mins read
Democrats are feuding over tax breaks for people earning up to $550,000: 'We're really talking about folks who are in the top 2%'
What qualifies as middle class? To Bob Menendez, it's everyone earning below $550,000. Bernie Sande…
Joseph Zeballos-Roig
2 mins read
Warren Buffett used Afghanistan to explain the role of luck in his career - and call for higher taxes on the rich
Buffett won the "ovarian lottery" by being born in the US, a country that rewarded his talent for i…