Billionaires St. Fighting for a Hotel and Quality of Life in Barts

As the island grappled with new concerns about sustainability, Dupré companies embarked on projects. 2016 Wildlife Conservation Society report He said the island’s environment is “rapidly deteriorating” due to land-based pollution leaching into the sea and destruction of marine habitats, urbanization and overfishing. A year later, Hurricane Irma devastated the island, exacerbating an already dire …

Billionaires’ Consulting Firm Turns Up While Giving Money

MacKenzie Scott stepped out of the long shadow of her ex-husband, Amazon founder Jeff Bezos. billions of dollars in grants to charities, community colleges, food banks, and progressive non-profits led by people of color over the past two years. He was mentored by a team of consultants at a firm called the Bridgespan Group, which …

Billionaires Beat the Working Rich on Biden’s Spending Bill

In the end, it was millionaires versus billionaires. Millionaires lost. Months of wrangling over how to balance the cost of the social spending bill signed by the Biden administration culminated chaotically on Capitol Hill on Wednesday as crucial tax and spending provisions were either included or excluded from the final deal. The most striking thing …

How Democrats Will Tax Billionaires to Pay for Their Agendas

WASHINGTON — Senate Democrats plan to tax the richest of the rich, hoping to extract hundreds of billions of dollars from the mountains of wealth where billionaires sit to help pay for social safety nets and climate change policies. NS billionaires tax It would almost certainly face court challenges, but given the blockade of more …

Democrats Weigh a Tax on Billionaires’ Unrealized Capital Gains

Billionaires on the hook? As Democrats race to find ways to pay for President Biden’s social spending plans—especially as one of his own, Arizona Senator Kyrsten Cinema—is thwarting his efforts to raise corporate and individual tax rates. different tax. Billionaires may be taxed on unrealized capital gains on liquid assets, Democratic officials yesterday. It will …

Forcing the Rich to Tax the White House, Highlights the Billionaires’ Tax

WASHINGTON — President Biden is turning to an effort to raise taxes on the rich. Trying to unite the Democrats He is behind a $3.5 trillion bill that will expand federal efforts to tackle climate change, reduce the cost of childcare, expand access to education, reduce poverty, and more in the House and Senate. “I’m …

Business Week: Inflation, Billionaires in Space and Other

Whats up? (11-17 July) Inflation at a High Level The government reported a significant measure of inflation in June. climbed the fastest pace in 13 yearscasts doubt on the White House’s claim that post-pandemic price increases are “temporary.” The rise in inflation is clearly linked to the rapid reopening of the economy, which creates supply …