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STATEMENT: After Billionaires Fail to Kill Popular California Initiative, Newsom Offers Sham Alternative
Newsom’s new plan fails to reduce wealth and power of billionaires SACRAMENTO — Yesterday, Governor Gavin Newsom and a group of billionaires failed to remove a ballot measure supported by a majority of California voters that would impose a one-time 5% wealth tax on...
ICYMI: Democrats Increasingly Bullish on Breaking Up Dangerous Wealth Concentration by Taxing Ultra-Wealthy
Read the full story in Politico WASHINGTON, D.C. – Today, Politico’s Bernie Becker highlighted how Democrats are taking a bolder position to combat unprecedented wealth inequality, which they see as a critical threat to the U.S. economy and our democracy at...
Americans Want Solutions to Affordability Crisis at SOTU, While Trump is Unlikely to Deliver Democrats Have an Opportunity
INTERESTED PARTIES MEMO RE: Americans Want Solutions to Affordability Crisis at SOTU, While Trump is Unlikely to Deliver Democrats Have an OpportunityDATE: February 23, 2026 As the State of the Union approaches, Americans across the country are eager for leaders to...
Trickle-Down Gets a Silicon Valley Rebrand | The Billionaire Bulletin #9
May 2026 Welcome to The Billionaire Bulletin, brought to you by Tax the Greedy Billionaires and the Extreme Wealth Center. Each month, we explore how extreme concentrations of wealth are distorting our economy and eroding our democracy. Join our mailing list to get...
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Beyer, Van Hollen Renew Push for Millionaires Surtax to Invest in Working Families
Today, on Tax Day, U.S. Representative Don Beyer (D-Va.) and U.S. Senator Chris Van Hollen (D-Md.) reintroduced their Millionaires Surtax Act, legislation to address the growing income inequality gap between wealthy and working Americans and raise significant revenue to support everyday families and grow our economy.
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.
Trump Keeps His Promise to Big Oil | The Billionaire Bulletin #7
“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” or so Donald Trump alleged last week in a Truth social post. In typical Trump fashion, he’s not referring to everyday Americans like you and me when he says “we.” He’s talking about his billionaire buddies.
The 5 & Dime Wealth Tax | Because Billionaire Wealth Is Driving Up The Cost Of Living
Americans are working harder than ever and still falling behind. That’s not an accident. Some 300,000 households — those worth more than $50 million — are collectively sitting on $40 trillion in wealth. Billionaires pay lower effective tax rates than nurses and teachers and borrow against their assets to live tax-free all while extreme concentrations of wealth actively harm everyday Americans.
