Sunday , September 29 2024
Home / Mike Norman Economics / ProPublica — Secret IRS Files Reveal How Much the Ultrawealthy Gained by Shaping Trump’s “Big, Beautiful Tax Cut”

ProPublica — Secret IRS Files Reveal How Much the Ultrawealthy Gained by Shaping Trump’s “Big, Beautiful Tax Cut”

Summary:
Billionaire business owners deployed lobbyists to make sure Trump’s 2017 tax bill was tailored to their benefit. Confidential IRS records show the windfall that followed.…Corruption of the system or a corrupt system by design?ProPublicaSecret IRS Files Reveal How Much the Ultrawealthy Gained by Shaping Trump’s “Big, Beautiful Tax Cut”See alsoProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessTwitter is Now Obeying India’s New Internet Rules, Government Tells CourtJon PorterRelatedA recent study finds that all major institutions working on nuke policy are getting funds from companies with a vested interest in it....In the report, we include 12 think tanks, picked from the Global Think Tank Index’s top foreign policy think tanks that also publish

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Bill Haskell writes Cage Wrestling Returns on October 1 Vance v Walz

Joel Eissenberg writes The key to longevity

Bill Haskell writes the “Alabamization of America”

Bill Haskell writes Comet in the sky in the early morning in AZ


Billionaire business owners deployed lobbyists to make sure Trump’s 2017 tax bill was tailored to their benefit. Confidential IRS records show the windfall that followed.…
Corruption of the system or a corrupt system by design?

ProPublica
Secret IRS Files Reveal How Much the Ultrawealthy Gained by Shaping Trump’s “Big, Beautiful Tax Cut”

See also

ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of Business
Twitter is Now Obeying India’s New Internet Rules, Government Tells Court
Jon Porter

Related

A recent study finds that all major institutions working on nuke policy are getting funds from companies with a vested interest in it....

In the report, we include 12 think tanks, picked from the Global Think Tank Index’s top foreign policy think tanks that also publish regularly on nuclear weapons from France, India, the United Kingdom, and the United States. We found the 21 companies that received nuclear weapon contracts gave $10 million in grants to these think tanks in just one year, as reported in the think tanks’ own annual reports and on their websites. This is a systemic issue. It’s not just one think tank, or a few $100,000 grants. Half of the profiled think tanks received up to well over one million dollars in one year from at least nine different companies working on nuclear weapons.

These companies don’t just donate money; key executives also oversee and advise several of these think tanks. Three CEOs of nuclear weapons-producing companies — Guillaume Faury (Airbus), Gregory J. Hayes (Raytheon), and Marillyn A. Hewson (until recently Lockheed Martin) — sit on the advisory board of the Atlantic Council. The Center for New American Security has a similar story: up to $1.8 million received from companies working on nuclear weapons and five board seats for those whose livelihoods are tied to nuclear weapon production....

Responsible Statecraft
How the nuclear weapons industry is dominating think tank research
Alicia Sanders-Zakre and Susi Snyder
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *