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The Latest Breaking News from Americans for Tax Fairness

‘Welfare Queens’: Donald Trump just handed America’s billionaires a $1.96 trillion payday

America’s billionaires just got a lot richer, and it’s not because they suddenly invented the next big thing. Since the 2025 Trump-GOP tax cuts kicked in, the collective wealth of the country’s 974 billionaires has ballooned by $1.96 trillion, a 31% jump in just 16 months. That’s the headline according…

The Mary Sue

‘Rigged economy’: Donald Trump drags manufacturing to its lowest in 6 decades, and people still think tariffs work?

The U.S. has lost a staggering 89,000 manufacturing jobs since President Donald Trump’s administration announced its major tariff agenda in April 2025. This significant decline, detailed in a Center for American Progress (CAP) analysis released on March 17, 2026, also saw 123,700 transportation and warehousing jobs vanish, hitting industries that…

The Mary Sue

‘Rigged economy’: Donald Trump drags manufacturing to its lowest in 6 decades, and people still think he’s Pro-America?

Time to rethink those tariffs, Don.

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'Shameless' Elon Musk Pay Compared to All Elementary School Teachers' Wages: The Staggering Income Gap Revealed

Tesla shareholders have approved an unprecedented £760bn pay package for Elon Musk, dwarfing the combined earnings of 1.4 million US teachers and reigniting fierce debate over America's widening wealth gap.

International Business Times UK

A Little Truth — And A Big China

David Kass at Americans for Tax Fairness: The government shutdown crisis was manufactured by Donald Trump and Republicans in Congress. They wrote and passed their “Big Ugly” tax...

Saving Advice

I Asked ChatGPT What Would Happen If Billionaires Paid Taxes at the Same Rate as the Average New Yorker

What would happen if billionaires paid the same tax rate as the average New Yorker? GOBankingRates consulted ChatGPT to find out what the effects would be.

GOBankingRates

Friday essay: why it’s time to ditch the myth of the heroic billionaire

In February, the world’s richest man, Elon Musk, wielded a chainsaw at a conservative gathering as he gleefully spoke of his new role as head of the Department of Government Efficiency (DOGE), where he’ll soon reach his legal term limit. The chainsaw metaphor is brutally apt as he slashes government…

The Conversation

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300 of America’s wealthiest citizens ask Congress not to carry out tax breaks for them. Here’s why

Group of wealthy Americans includes member of the Disney family, founder of Seventh Generation, heir to the Rockefeller family and more

The Independent UK

Billionaires double wealth after tax cut

Billionaires now control 1 out of every 25 dollars of American wealth

Salon

Thomas vote boosted benefactor's power

"The Crows used their fortune to buy access to and curry favor" with elites, one advocate said

Salon

Billionaires have pumped nearly $900m into midterm elections, report says

George Soros, the Uihlien family and Peter Thiel are some of the most generous donors

The Independent UK

27 donors spent $90M to buy GOP Congress

"What's good for billionaires — including cutting taxes on the rich and corporations — is bad for working families"

People

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