Because its denial is incessantly repeated, the following truth must be incessantly restated: we ordinary Americans are fabulously rich and getting richer. The irony is that we are so very materially prosperous – with a prosperity that is shared by nearly all Americans – that we take our happy condition for granted. Most of us don’t see…
Are billionaires human dragons? That was the hot take of one person on Twitter: And look how many people agreed with her! 43 thousand retweets and 150 thousand likes when this screenshot was taken. So what does that make Amazon CEO Jeff Bezos? Is the richest man in the world the ultimate monster? Is Bezos…
LISTEN TO TLR’S LATEST PODCAST: By Eric Lieberman Amazon founder Jeff Bezos is now the wealthiest man in the world, according to a CNBC report published Thursday. With a fortune valued at more than $90 billion, the technology entrepreneur surpasses Microsoft founder Bill Gates, who is estimated to have a net worth also around $90 billion….
LISTEN TO TLR’S LATEST PODCAST: By Andrew Follett Members of the Conservative Political Action Conference panel “Energy Rationing: The Tragic, Unintended Consequences” argued energy subsidies tend to make products only slightly cheaper and redistribute cash from poor taxpayers to the rich. “There’s rampant fraud in net metering,” Steve Pociask, president of the American Consumer Institute’s…
by Micah J. Fleck In the name of what is perceived as fair, highly successful CEOs of companies setting up shop in Portland, Oregon will soon need to pay 10% more in taxes if they make more than 100 times more than their employees. So reports The New York Times: Moving to address income inequality…
Santa Claus appears to have come early for one community. An anonymous man has paid off $106,000 worth of layaway tabs at a Walmart in Northeast Ohio. The man told Walmart employees he wished to remain nameless, but that he liked to do something nice for others on his birthday. The mystery benefactor visited two…