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STATEMENT: California Democrats Vote to Back Wealth Tax, Defy Billionaires’ and Newsom’s Attempts to Block It
Majority of California Voters Support Measure Despite Millions Spent to Defeat Ballot Initiative, 75% Support Raising Taxes on Billionaires SACRAMENTO, Calif. — The California Democratic Party’s executive committee and the California Young Democrats both voted to...
New Poll Finds Overwhelming Support for Raising Taxes on Billionaires
Read the original Impact Research memo. To: Interested PartiesFrom: Impact ResearchRe: New Poll Finds Overwhelming Support for Raising Taxes on Billionaires A new nationwide poll finds overwhelming support for raising taxes on billionaires, with support extending...
5 Ways Billionaire Wealth Is Destroying Our Planet
When extreme wealth goes unchecked, the environment pays the price — in emissions, fossil fuels, toxic water, and a climate crisis that billionaires profit from while the rest of us suffer the consequences. 1. They emit more carbon than entire nations. The wealthiest...
Americans Are Fed Up With Billionaire Rule | The Billionaire Bulletin #11
July 2026 Welcome to The Billionaire Bulletin, brought to you by Tax the Greedy Billionaires and the Excessive Wealth Institute. Each month, we explore how excessive wealth concentration is distorting our economy and eroding our democracy. Join our mailing list to get...
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Americans Are Fed Up With Billionaire Rule | The Billionaire Bulletin #11
Today marks the 237th anniversary of Bastille Day, when French peasants launched a revolution against a ruling elite they saw as oppressive and out of touch. More than two centuries later, Americans may have more in common with those 18th-century French peasants than we might think. Just as French aristocrats lived in splendor while ordinary people starved, we are living through an unprecedented experiment in billionaire governance.
Trump’s Messy 250th Celebrations Embody the Founders’ Fears of Wealth Concentration Threatening Democracy
Donald Trump’s messy 250th anniversary celebrations aren’t just an embarrassment, they embody exactly the type of corruption our Founders warned against. Rather than celebrating the United States and the people who made our country what it is today, Trump and his cronies have leveraged this landmark anniversary to further enrich themselves.
STATEMENT: After Billionaires Fail to Kill Popular California Initiative, Newsom Offers Sham Alternative
Governor Gavin Newsom and a group of billionaires failed to remove a ballot measure supported by a majority of California’s voters that would impose a one-time 5% wealth tax on California billionaires. After unsuccessfully campaigning to kill the measure, Gov. Newsom put forth a nationwide tax proposal that falls far short of addressing the urgent crisis we face.
Tax the Greedy Trillionaire | The Billionaire Bulletin #10
We’re switching up The Billionaire Bulletin this month for one important reason: SpaceX, Elon Musk’s rocket company, went public and he just became the world’s first trillionaire. This isn’t a milestone. It’s a five-alarm fire. The truth is, Musk’s new trillionaire status marks the beginning of one of the largest wealth transfers in human history.
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