Letting billionaires pay low or zero tax rates costs America $550 billion.
Editor's note · Context
Whitehouse points out the significant revenue loss due to low taxes on billionaires.
Share
More from Sheldon Whitehouse
“Whatever they may gain in redistricting mischief, let’s make sure that they lose where they can’t redistrict, like in Senate races … and governor’s races,”
It’s the second term strategy of let Trump be Trump without guardrails and that takes him into innumerable places where presidents heretofore did not go.
The Department failed to respond to Congress, and instead, on May 18, 2026, announced that it had settled an unrelated IRS lawsuit with President Trump to create a $1.8 billion slush fund to compensate alleged victims of DOJ…
We're actually somewhat generous about letting [the oil companies] keep half of the excess profits, but we want at least half of it to go back.





