Keyword: rich
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**SNIP** Among all millionaire voters surveyed - Democrats, Republicans and independents - Hillary Clinton is still the overall favorite. Clinton was the top candidate among 34 percent of total respondents, followed by Rubio with 13 percent. Trump and Carson tied for third, with 9 percent.
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Rahm Emanuel is an American politician who has a net worth of $14 million dollars....
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Photo courtesy AP Images Hillary Clinton has one key part of the electorate already in the tank for her candidacy — millionaires and CEOs. In Congress, Democrats represent the richest and most unequal districts in America. While liberal pundits attack the GOP as the party of the rich, the real plutocrats are on the other side of the aisle.How can this be? The Democrats rail against the abuses of the "one percent" and run on a platform of reducing income inequality, but the rich continue to support them. Liberals attack unregulated markets, call for unrealistic "green energy" proposals, and...
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Interesting piece in the New York Times by Patricia Cohen about how easy it would be to raise taxes on the “1%†in order to see tens of billions of additional revenue for the government.I had to read this twice to make sure it wasn’t a parody. The top 1 percent on average already pay roughly a third of their incomes to the federal government, according to a Treasury Department analysis that takes into account the entire menu of taxes — including income tax, payroll taxes that fund Medicare and Social Security, estate and gift taxes, excise and custom...
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Voters on both the left and the right often claim that there is no difference between the Democratic and Republican Parties, and of course that isn’t true. There’s a big difference between Elena Kagan and Antonin Scalia, for one thing. But there may be more to this argument than you think. Democrats now depend as much on affluent voters as on low-income voters. Democrats represent a majority of the richest congressional districts, and the party’s elected officials are more responsive to the policy agenda of the well-to-do than to average voters. The party and its candidates have come to rely...
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Donald Trump is expected to release his tax plan at some point today, but he let 60 Minutes in on a little sneak peak. There’s good news and bad news on the plan. Here’s the good news first. Donald Trump: I know. I know. I will say this, there will be a large segment of our country that will have a zero rate, a zero rate. And that’s something I haven’t told anybody.Scott Pelley: You’re talking about–Donald Trump: We’re talking about people in the low-income brackets that are supposed to be paying taxes, many of them don’t anyway.Scott Pelley:...
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New York Magazine Writer-at-Large Frank Rich argued Republican presidential candidate Dr. Ben Carson is benefiting from the “racist, bigoted part of the Republican base” on Wednesday’s “CNN Tonight.”
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After yet another drop in the Shanghai stock market and Hang Seng index on August 6, Daniel Chang heard his cell phone ping. The real-estate agent was on a business trip in Shanghai, and he was mid-bite during a dinner when he saw his phone light up from a message on his app, WeChat. It was a Chinese client concerned over a $6 million property she was about to buy in New York City. She was visiting New York at the time. "I don't know if I can do this," she told him over voicemail. "I might have to back...
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Hillary Clinton is privately signaling to wealthy Jewish donors that — no matter the result of the Iranian nuclear negotiations — she will be a better friend to Israel than President Barack Obama. But, even as donors increasingly push Clinton on the subject in private, they have emerged with sometimes widely varying interpretations about whether she would support a prospective deal, according to interviews with more than 10 influential donors and fundraising operatives.
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Tax reform isn’t exactly something we associate with California. With the highest income-tax rate in the nation (and the third-worst overall state business tax climate, per the Tax Foundation’s most recent rankings), the Golden State offers plenty of practical lessons in how not to run an economy. However, California State Controller Betty Yee recently suggested tax reform that shows a clear understanding of the peril facing California’s economy – and offers ideas that could restore energy and momentum to a sluggish state business climate. Yee, a Democrat, wants to broaden the state tax base. California bureaucrats have grown far too...
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There's a serious drought in California, largely the result of government action in saving fish species rather than building additional infrastructure. Now government in that state has ordered severe restrictions on the use of outdoor sprinkling, causing most of the lawns and gardens in California to shrivel and die. But many of California's wealthy citizens don't think those restrictions apply to them. They can afford the $800-a-month water bills and don't see a need to stop the sprinklers. One such community is Rancho Sante Fe, where residents increased their water usage by 9% following the announcement by Governor Jerry...
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For the very first time, a modern day Noah’s Ark has opened its doors for an exclusive inside look offering up plans for the ultimate Billionaire bunker and doomsday escape. Vivos founder and CEO Robert Vicino announced Vivos Europa One which will be an invitation only, five star, underground survival complex, similar to an underground cruise ship for the elite. Each family will be provided a private 2,500 square foot of floor area, capable of two story improvements for a total of 5,000 square feet of private living quarters. With fit and finish comparable to a mega-yacht, each member family...
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It's no secret that the Democrats' 2016 presidential campaign theme will be class warfare — or as Hillary Clinton calls it, "toppling the rich." Which is "rich," given her own wealth. The left has bought all in to the claim by academics like French economist Thomas Piketty, who argues that capitalism is creating vast dynasties of wealth that are hoarded by a select few oligarchies, with money being handed down from one generation of trust-fund babies to the next. This narrative is mostly rubbish. While today's rich are much richer than the rich of past generations, the rotation among the...
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Manhattan writer Suzanne Corso, 46, was once a card-carrying member of the 1 percent — until her financier husband lost their $100 million nest egg in the 2008 fiscal meltdown. Here, the mother of one, who has just published her third novel, “Hello, Hollywood,” tells The Post’s Jane Ridley her very New York story of survival. My 6-year-old daughter doesn’t think twice about calling room service from our luxury residential hotel to order a $25 cheeseburger for herself. It’s November 2005 and we’ve been living in an 11-room suite at the Ritz-Carlton on West Street for a little more than two years. And...
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On this week's edition of the syndicated public affairs show The McLaughlin Group, panelist Eleanor Clift argued Democratic presidential candidate Hillary Clinton's wealth could be good for her. "This is nice work if you can get it and it’s the way our society works right now," Clift said. Acknowledging Hillary Clinton "would probably be the richest president ever," Clift likened the former Secretary of State to former President Franklin D. Roosevelt, saying he did great things for the "little people."
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Americans are eager to see the government "spread the wealth around" through heavy taxes on rich people. This, according to Gallup, is a relatively new phenomenon, with a clear preference for soaking the rich really only emerging in the past four or five years. On a different polling measure, Gallup finds that at least since the mid-1980s a large majority of Americans have expressed a preference for a flatter distribution of income. But that's something that could, at least hypothetically, be achieved in a whole variety of ways. Taxing the rich in order to redistribute income to the working class...
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Hillary's back in first class at end of New Hampshire campaign trip where she railed against the rich - after 80mph race to BOSTON to catch flight with elite seats Hillary Clinton ended her whirlwind New Hampshire campaign swing on Tuesday afternoon in another state entirely, taking taxpayers for an 80 miles-per-hour ride all the way to Boston - to catch a flight with first class seats. **SNIP** After a carefully managed morning event at a community college near the state capitol, Clinton held two private meetings, and then bolted to Boston at speeds 25 mph over the limit posted...
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They are the models who could bring down a senator. Sen. Robert Menendez mobilized his staff to secure a visa for a Brazilian actress who posed nude on the cover of Sexy magazine; he stepped up for a sultry Ukrainian student who wanted a plastic-surgery consult; and he directd a staff member to “call Ambassador asap” in order to reverse a visa denial to a 22-year-old Dominican model. The young women were all paramours of Dr. Salomon Melgen, 60, a married eye doctor and one of Menendez’s biggest donors, prosecutors charge. The New Jersey Democrat’s efforts on behalf of Melgen’s...
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.... Yet the focus kept returning to one subject: Was death an inevitability — or a solvable problem? ....
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A fierce row has broken out between Stephen King and Maine Governor Paul LePage after the governor claimed that the author doesn't pay state income taxes and has moved away from the state. King immediately shot back that LePage should 'man up and apologize' for the comments because he still resides in Maine. LePage's comments came during his weekly radio address when he argued that states without an income tax, like Florida, have lured away Maine residents, including King.
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