The world’s richest man has promised cash payouts for swing-state voters who get other battleground voters to sign a petition organized by his pro-Trump Super PAC. But the legality of the promotion has come into question, while participants have been confused about how it works — and when they can …
Read More »Elon Musk Could Get a Huge Tax Break From Donald Trump
This article was originally published by The Lever, an investigative newsroom. If you like this story, sign up for The Lever’s free newsletter. Thanks to a provision buried in the tax code, Elon Musk could reap one of the largest personalized tax breaks in American history if former President Donald …
Read More »Republicans Tell Trump That Elon Musk's Super PAC Is Blowing It
Donald Trump has largely outsourced his 2024 campaign’s get-out-the-vote operation to a Super PAC bankrolled and directed by Elon Musk, the world’s richest man — and one of its most awkward. In recent weeks, several Republican operatives and other figures in the national party have bluntly and directly informed Trump …
Read More »Trump's Tax Plan Is Another Giant Boon for the Wealthy
Former President Donald Trump can’t stop touting his 2017 “Trump tax cuts” as his signature economic achievement, claiming vast benefits delivered to average Americans. He’s pledged to both continue and expand the cuts if elected president. But new research shared exclusively with Rolling Stone and extensive existing studies reveal Trump’s …
Read More »Trump Is Banking on Billionaires to Put Him Back in the White House
A s Vice President Kamala Harris rakes in record-breaking donation hauls, Donald Trump’s campaign is falling behind — and increasingly relying on billionaires to bankroll Super PACs to remain competitive. It’s happening as the former president promises favors to donors: lucrative new policies, regulatory rollbacks, administration roles. You name it, …
Read More »The RNC Is Calling This Billionaire Trump Donor an 'Everyday American'
At the Republican National Convention, numerous speakers have been trotted out as so-called “everyday Americans.” Tonight, the list of “everyday Americans” will include Diane Hendricks, a woman who has topped Forbes’ Richest Self-Made Women list for seven years in a row and has a net worth of $20 billion. Hendricks …
Read More »This Billionaire Donated $100 Million to Trump and RFK Jr.'s Super PACs
The conservative billionaire Timothy Mellon donated $50 million to a super PAC supporting Donald Trump on May 31, the day after the former president was convicted in his New York hush money trial. Mellon has now given a total of $75 million to support the pro-Trump super PAC this election …
Read More »A Whistleblower Exposed Trump's Tax Avoidance. Biden Should Pardon Him
A federal judge sentenced Charles Littlejohn, an IRS contractor, to five years in prison — the statutory maximum — for making unauthorized disclosures of income tax records. In her sentencing comments, that judge compared Littlejohn to rioters who stormed the U.S. Capitol on Jan. 6, 2021, as part of a …
Read More »Billionaire Says His Long-Delayed 'Titanic II' Ship Will Be Antidote to 'Woke' Politics
It seems reasonable to expect that just about anything can and will go wrong with a full-size replica of a cruise ship that famously sank on its maiden voyage, killing more than 1,500 people aboard. But Titanic II, Australian mining billionaire Clive Palmer’s proposed heir to the original RMS Titanic, …
Read More »Think Billionaires Suck? Get Ready For Trillionaires
The world may see its first-ever trillionaire within the next 10 years, the anti-poverty group Oxfam said in a report published on Monday, reflecting the increasingly large wealth divide between the few of the world’s richest people and the rest of the population below them. Oxfam’s report, titled Inequality Inc., …
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