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Stories tagged: wealthy


Deadly fire exposes wealthy man’s secret underground tunnels

The wealthy stock trader took elaborate steps to conceal the network of tunnels beneath his house in this Washington, D.C., suburb. Even the young man helping him dig them didn’t …


Democrats’ seek to help wealthy in response to tax changes

Resistance to the Republican tax overhaul comes with an ideological twist for some Democratic state officials: They’ve styled themselves as champions of the working class but are pushing hard for …


UPDATED: Wed., Dec. 6, 2017, 1:01 p.m.

Senate Republicans barrel toward sweeping tax overhaul

The Senate on Wednesday barreled toward the most sweeping rewrite of the tax code in more than three decades as the top Republican senator said he was willing to compromise …


UPDATED: Tue., Nov. 7, 2017, 1:36 p.m.

Idea at the heart of GOP tax plan: ‘trickle-down’ economics

The House Republicans’ tax-cut plan springs from a core argument: What’s good for big business and the moneyed elite is inevitably good for the economy and everyone else.


UPDATED: Sun., Oct. 1, 2017, 11:41 a.m.

Trump officials insist tax cut proposal won’t favor rich

President Donald Trump’s top advisers say his proposed tax plan would not cut taxes disproportionately for the rich – despite an early non-partisan analysis that says it will.


UPDATED: Thu., Sept. 28, 2017, 10:40 p.m.

How tax-cut plan could benefit Trump and wealthy staffers

The White House insisted Thursday that the tax cuts President Donald Trump has proposed wouldn’t benefit the rich. But the blueprint suggests that wealthy Americans, including several in Trump’s administration, …


Froma Harrop: Blue states can afford subsidies

The House bill would vaporize the taxes that pay for Obamacare. Half the value of these tax cuts would go to million-dollar-plus incomes.


Apparent Paupers Leave Millions Behind

Raymond Fay, a retired science teacher, lived a solitary life in a sparse apartment with no phone, no television set and no car. He kept index cards detailing the thousands …


Rich Americans Pay More In Taxes Clinton Revisions Bring In $31 Billion More From Wealthy

As the April 17 filing deadline looms, miserable taxpayers can find company among the affluent. Well-to-do Americans’ taxes surged 16 percent in 1993, the first year of revisions pressed into …