Oligarchy

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How a Rich Dad’s Obsession With the Estate Tax Nearly Tore His Family Apart

Amid the rancor and rhetoric of the fight over the “big, beautiful bill,” we heard many a story about Americans likely to suffer as a result of it—families who might lose access to elder care and food stamps and homes and health insurance and other important things. Largely missing were insiders’ views of the kinds […]


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The Big Bad Republican Bill Wasn’t Regressive Enough for the Anti-Tax Crusaders

It is apparently not enough for America’s anti-tax crusaders that Congress just passed one of the most expensive and regressive tax bills in our history. The Washington Post reports that Grover Norquist’s Americans for Tax Reform and other conservative groups are now urging the Trump administration to change how investment profits are taxed—unilaterally, if need […]


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Even Sky-High Income Tax Rates Won’t Stop the Relentless Rise of the Richest

Will Donald Trump’s “One Big Beautiful Bill,” as critics contend, be a massive giveaway to the rich? Absolutely, when you tally it up. Yet the bill’s provisions, while devastating to the nation’s poorest, represent only modest gains for the majority of affluent families. Consider the merely rich—the top-earning 10 percent of households. The Congressional Budget […]


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Why is Everybody Hating on Richie Rich?

For kids like me, who grew up in the 1960s and ’70s, comics were a big deal. Our media landscape otherwise consisted mainly of books and records, commercial radio, and, in my family’s case, a small black-and-white TV with a coat hanger antenna that got four staticky channels. So we periodically raided our piggy banks […]


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All voices Truth Out

Over a Quarter Million People Have Attended Sanders-AOC Rallies

The impressive turnout reflects the public’s readiness to resist the Trump administration’s far right policy agenda.


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Why Elite Colleges Aren’t Pushing Back on Trump, and Why Silence Is Dangerous

America is witnessing an unprecedented series of attacks on higher education that commenced well before Donald Trump was re-elected, amid the contentious protests that followed Hamas’ attacks on Israel and Israel’s ruthless (and ongoing) retaliation on Gaza and its inhabitants. But Trump, as president, has taken matters much further. Claiming antisemitism, his administration is revoking […]


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