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azboblord.bsky.social

@azboblord.bsky.social
107 followers 35 following 19 posts
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azboblord.bsky.social @azboblord.bsky.social · 29/09/2026
Closing in on 100 subscribers, so 100th subscription is free! Oh wait, all subscriptions are free. But help me get to 100 anyhow. substack.com/@azbob2/note...
substack.com
The Tax Avoidance Two-Step of the Ultrarich
Rightwing Tax Strategy: First understate the income and overstate the tax rates of the ultrarich, then claim the revenue from taxing them more wouldn’t amount to much.
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azboblord.bsky.social @azboblord.bsky.social · 22/09/2026
My latest. Subscriptions are free! open.substack.com/pub/azbob2/p...
open.substack.com
No Tax on Everything: The Tax Mess Trump Has Left Us
There is a straightforward solution, if Congress chooses sound tax policy over vote pandering.
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azboblord.bsky.social @azboblord.bsky.social · 20/09/2026
4 months in and it’s going well. There are worse ways to spend 15 minutes a week than geeking out on tax policy. And subscriptions are free! substack.com/@azbob2/note...
substack.com
A Modest Proposal to Limit Extreme Accumulations of Trust-Held Wealth
A tweak to the income tax brackets applicable to trusts has game-changing potential.
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Brian Galle @bdgesq.bsky.social · 16/07/2026
Bastille Day is not, as far as I know, a gift-giving holiday (*:guillotines not included), but this week I received an unexpected present: A cool summary of "How to Tax the Ultrarich" by the social science journalists @scholarpeer.bsky.social . Read it here: scholarpeer.com/this-proposa...
scholarpeer.com
This Proposal Doesn't Ban Tax Deferral for the Ultrarich. It Just Makes Waiting Worthless
The top 0.1 percent hold $1 of every $6 in US private wealth, much of it untaxed due to tax deferral. A proposal aims to change that.
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azboblord.bsky.social @azboblord.bsky.social · 15/07/2026
I’m hoping to post weekly going forward. If you don’t mind diving into the tax and economic policy weeds, check it out. Subscriptions are free. open.substack.com/pub/azbob2/p...
open.substack.com
On Buy-Borrow-Die: Taxing Borrowing Is Not Progressive; It’s Stupid
Lawmakers should close the loopholes that enable buy-borrow-die. Punishing borrowers won’t work.
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Patriotic Millionaires @patrioticmillionaires.org · 12/06/2026
In 2013, Bob Lord on our team wrote, "If the growth rate in America’ largest fortunes over the past 30 years continues unabated, we’ll see our first American trillionaire before 2040." Unfortunately for our democracy & economy, he was right. Read his 2013 piece here: inequality.org/article/tril...
inequality.org
Our First Trillionaire: Only a Matter of Time - Inequality.org
]If current trends continue, a trillionaire in the United States will be surfacing within not much more than a generation.
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azboblord.bsky.social @azboblord.bsky.social · 24/05/2026
(Not so) Fun fact: if the country’s wealth were distributed as it was in 1982, the richest 1500 households would control 1.5% of total wealth. Today, just 10 households do. Time to tax them more?
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Patriotic Millionaires @patrioticmillionaires.org · 05/03/2026
You may have heard: “The top 1% pay 40% of income taxes” why raise taxes on the wealthy? The real issue isn't the 1%. It's the top 0.1% & 0.01%, where massive fortunes grow & tax rules are incredibly regressive. The result? A tiny slice of Americans control trillions in wealth.
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Sarah Anderson @sarahanderson.bsky.social · 05/03/2026
My colleague @chuck77.bsky.social was fast out of the gates on this one. On top of everything else, Noem has a long history of lying to protect economic elites. inequality.org/article/adio...
inequality.org
Adios Kristi! Noem’s Long History of Lying to Protect the Powerful
Nearly a decade before she was the public face of DHS, Noem’s tall tales about the estate tax helped gut one of the few remaining checks on elite fortunes.
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Institute for Policy Studies @ips-dc.org · 26/02/2026
Enormous wealth allows our oligarchs to seize media outlets. They use these media outlets to influence public opinion — like convincing us not to tax enormous wealth. IPS fellow @azboblord.bsky.social in @inequality.org:
inequality.org
The Washington Post’s Owner Really Doesn’t Want You to Know His Effective Tax Rate
If you did, you wouldn’t be buying what the Post’s editorial board is selling.
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Patriotic Millionaires @patrioticmillionaires.org · 20/02/2026
Our VP of Tax Policy @azboblord.bsky.social breaks down how billionaires like Jeff Bezos pay far lower tax rates than ordinary Americans and what that means for our democracy.⬇️ inequality.org/article/the-...
inequality.org
The Washington Post’s Owner Really Doesn’t Want You to Know His Effective Tax Rate
If you did, you wouldn’t be buying what the Post’s editorial board is selling.
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Institute for Policy Studies @ips-dc.org · 03/02/2026
NEW: The richest 19 Americans now own over 2% of our country's wealth, but pay as little as 4% effective annual tax, while the average American might pay 20%. To defend our democracy, we must fix our tax code, says IPS fellow @azboblord.bsky.social. Listen:
wortfm.org
The cost of not taxing the rich - WORT-FM 89.9
Bob Lord is a tax lawyer, an associate fellow at the Institute for Policy Studies, and the Senior Vice President of Tax Policy Senior Fellow at Patriotic Millionaires. He discusses […]
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Matt Novak @paleofuture.bsky.social · 30/01/2026
Literally half the country wants to abolish ICE and the Democrats are going to make them pinky swear not to deport U.S. citizens anymore
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Brian Galle @bdgesq.bsky.social · 17/01/2026
For far more than you really wanted to know about how zillionaires dodge tax on inter-generational transfers, see papers.ssrn.com/sol3/papers....
papers.ssrn.com
Taxing Dynasties
<p><span>The estate tax and the broader wealth-transfer-tax system are even more broken than is commonly understood. Over the past two decades, researchers and
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azboblord.bsky.social @azboblord.bsky.social · 26/12/2025
My post from 12 years ago was dead on. Would have preferred to have been dead wrong. inequality.org/article/tril...
inequality.org
Trillionaire Cometh, Democracy Goeth
With the arrival of our first trillionaire fast approaching, America’s democracy is hanging by a thread.
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azboblord.bsky.social @azboblord.bsky.social · 22/12/2025
The combined wealth of just two Americans now tops $1 TRILLION. Tax the damned billionaires yet?
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Jeff Hauser @jeffhauser.bsky.social · 12/12/2025
1. Trump 1.0 was more corrupt than even Nixon. 2. Trump 2.0 is Trump 1.0, but to coin a phrase, ON STEROIDS. 3. Yet the challenge for Democrats is world weary cynicism that all politicians are the same. Unforced errors like this reinforce 3 & are really bad for the party!
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Sarah Anderson @sarahanderson.bsky.social · 23/10/2025
Bold change often bubbles up from the states...
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Kat Abughazaleh @katmabu.bsky.social · 09/10/2025
Finally, as a Palestinian-American, I sincerely hope that this is the first step on the long road to liberty for my people. I have faith — no, I know — that one day, our two peoples will look back and say this was a dark chapter in our shared history, as one.
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Kat Abughazaleh @katmabu.bsky.social · 17/08/2025
This is fucking appalling. It’s collective punishment, it’s incitement to genocide, and the US needs to stop funding it. I stand with the millions of Gazans under siege and the hundreds of thousands of Israelis protesting against the manmade horrors plaguing Gaza.
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Kat Abughazaleh @katmabu.bsky.social · 03/08/2025
At least 70 people have already showed up to protest against ICE at the Broadview Detention Facility. This is what showing up for your community looks like. Stand for your neighbors. Abolish ICE.
Dozens of people gathered in the parking entrance of the Broadview Detention Center Facility.A woman holds a sign reading “IMMIGRANTS NOW / CITIZENS NEXT” but “NEXT” is crossed out and edited with red marker to say “Also Now!”
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azboblord.bsky.social @azboblord.bsky.social · 18/07/2025
I’ll bet most people don’t know who Thomas Peterffy is, but out of every $2500 of American wealth, his share is $1. If you’re an average American, your share of that $2500 would be less than one-thousandth of a penny. Tax the Damn Billionaires
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Patriotic Millionaires @patrioticmillionaires.org · 12/07/2025
For the wealthy, the tax code removes all the risk. That means billionaires can sit on massive gains for decades without paying a dime and keep borrowing against their wealth. Bob Lord breaks down why we need a tax code that rewards work, not wealth. www.motherjones.com/politics/202...
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azboblord.bsky.social @azboblord.bsky.social · 01/07/2025
Tax. The. Billionaires. Now. www.motherjones.com/politics/202...
motherjones.com
Even sky-high income tax rates won’t stop the relentless rise of the richest
Tackling America's wealth gap will require more powerful tactics.
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Sam Pizzigati @sgp.bsky.social · 18/05/2025
Social justice, most of us understand, demands a “poverty line” and efforts to keep our poorest above it. But that justice will remain elusive until we also set a “wealth line” and keep all our richest below it. @dhnnjyn.bsky.social @ingridrobeyns.bsky.social www.theguardian.com/commentisfre...
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azboblord.bsky.social @azboblord.bsky.social · 18/05/2025
If Trump achieved the result he wants, he’d in substance have done no more than reverse what he did in 2017 when he slashed Walmart’s corporate tax rate.
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azboblord.bsky.social @azboblord.bsky.social · 18/05/2025
What Trump proposes here gets awfully close to a corporate tax rate increase. www.commondreams.org/news/trump-e...
commondreams.org
Trump Tells Walmart to 'Eat' the Cost of His Tariffs | Common Dreams
U.S. President Trump criticizes Walmart for blaming tariffs for price hikes, vows to watch the company. Economists warn tariff costs will likely be passed on to consumers.
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Institute for Policy Studies @ips-dc.org · 14/05/2025
NEW: Our current effective tax rate on capital gains shrinks as the gains grow in size and duration, inviting the tax dodge — Buy-Hold for Decades-Sell — that’s driving America’s wealth concentration. Our future depends on reforming the capital gains tax. @azboblord.bsky.social in @inequality.org:
inequality.org
America's Most Regressive Tax Levy: Our Tax on Capital Gains - Inequality.org
Our capital gains effective tax rate shrinks as the gains grow in size and duration, inviting the tax dodge that’s driving America’s wealth concentration.
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Inequality.org @inequality.org · 01/04/2025
In the latest installation of his ‘Buy-Hold for Decades-Sell’ series, IPS fellow @azboblord.bsky.social illustrates how low tax rates on investment gains can radically change retirement outcomes — through the tales of Bob Golfsalot and Morris Worksalot. inequality.org/article/the-...
inequality.org
The Harsh Unfairness of ‘Buy-Hold for Decades-Sell’
How this ongoing tax avoidance strategy is making an oligarchic concentration of America’s wealth ever more inevitable.
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Sam Pizzigati @sgp.bsky.social · 01/02/2025
Trumpistas are doing everything imaginable to untax the rich & their corporate empires. But we can't stop exploring new ways to create a tax system that helps build a more equal future. Check this new @rooseveltinstitute.org study. @nikolusiani.bsky.social rooseveltinstitute.org/publications...
rooseveltinstitute.org
Taxing Excessive Profits: Designing a Pro-Competition Corporate Tax System - Roosevelt Institute
In a new analysis, Niko Lusiani and Ira Regmi lay the groundwork for developing a pro-competition tax on excess corporate profits in America.
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Dylan Dusseault @dylandusseault.bsky.social · 17/12/2024
Charles Littlejohn has gotten a draconian sentence for leaking information that exposed our US Oligarchial class for the tax evaders they are. It was a public service, and he deserves a commutation. Sign a petition here. freecharleslittlejohn.com
freecharleslittlejohn.com
Free Charles Littlejohn!
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Revolving Door Project @revolvingdoordc.bsky.social · 17/12/2024
NEW: @patrioticmillionaires.org and @revolvingdoordc.bsky.social launched a letter campaign calling on President Biden to commute the prison sentence of IRS whistleblower Charles Littlejohn to time served.
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azboblord.bsky.social @azboblord.bsky.social · 17/12/2024
The information Charles Littlejohn leaked about billionaire tax avoidance was a huge wake up call we needed. At the behest of those billionaires, he was sentenced to six times the maximum guideline sentence. Tell Pres. Biden to commute that extreme sentence: freecharleslittlejohn.com
freecharleslittlejohn.com
Free Charles Littlejohn!
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azboblord.bsky.social @azboblord.bsky.social · 16/12/2024
The year 794 marked the beginning of the Japanese Renaissance. If you were around then and increased your wealth by $1M per day since then, you’d be about tied with Elon Musk.
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Brad Johnson @climatebrad.hillheat.com · 11/12/2024
On its maiden flight, Mark Zuckerberg flew his brand-new, $80 million private jet from California to his mammoth 1,300-acre estate in Hawaii, burning 5,500 kilograms of fuel and releasing 19 tons of CO₂ into the atmosphere. #agu24
europesays.com
On its maiden flight, Mark Zuckerberg flew his brand-new, $80 million private jet from California to his mammoth 1,300-acre estate in Hawaii, burning 5,500 kilograms of fuel and releasing 19 tons of C...
On its maiden flight, Mark Zuckerberg flew his brand-new, $80 million private jet from California to his mammoth
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azboblord.bsky.social @azboblord.bsky.social · 10/12/2024
There are about 338 million Americans. Elon Musk could write each of us a $1,000 check and have $25 billion left over for “walking around money.” Tax the damn billionaires already!
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Sam Pizzigati @sgp.bsky.social · 08/12/2024
“Our health care system, in the end, shouldn’t be making our rich richer. Our richest instead should be paying enough in taxes to help all Americans stay healthy.” inequality.org/great-divide...
inequality.org
A Murder on the Streets Has Fear Rising in the Suites - Inequality.org
The public anger at Corporate Health has never been higher.
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azboblord.bsky.social @azboblord.bsky.social · 04/12/2024
The combined wealth of the 4 richest Americans now exceeds $1 trillion. Can we tax the damn billionaires yet?
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Dylan Dusseault @dylandusseault.bsky.social · 27/11/2024
Democrats need to accept that if you’re going to fight the Republicans on their tax cuts for billionaires and corporations, you can’t be led by a man those same billionaires and corporations believe they can bribe through his son.
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Jeff Hauser @jeffhauser.bsky.social · 28/11/2024
Convincing and infuriating piece: jacobin.com/2024/11/harr...
jacobin.com
Analysis: Kamala Harris Turned Away From Economic Populism
Pressed by influential corporate advisors, Kamala Harris ran away from a winning economic populist message and ended up losing a campaign. We have the proof.
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azboblord.bsky.social @azboblord.bsky.social · 27/11/2024
The world now has 18 fortunes of over $100 billion. Collectively, the holders of those fortunes control over $2.5 trillion, more than 1 in every $200 of global wealth. Context; there are 8 billion humans on the planet. Tax the billionaires!
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Patriotic Millionaires @patrioticmillionaires.org · 27/11/2024
Hey, that’s us! POLITICO spotlighted the letter that we sent to House Democratic leadership calling for the removal of Rep. Neal as Chair of the Ways and Means Committee, after it was revealed that Neal’s son had inappropriate ties to tax lobbyists. www.politico.com/news/2024/11...
politico.com
Progressive group demands removal of Neal as top Ways and Means Democrat
Progressive advocacy group Patriotic Millionaires weighs in after POLITICO outlined the business dealings of the son of top Ways and Means Democrat Richard Neal.
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azboblord.bsky.social @azboblord.bsky.social · 26/11/2024
The 4 wealthiest Americans are closing in on $1 TRILLION in combined wealth. That’s greater than the total wealth of the populations of several entire states. Tax the billionaires!
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azboblord.bsky.social @azboblord.bsky.social · 22/11/2024
The Walton family now controls $400 billion of wealth, while half the country lives paycheck to paycheck, or worse. American exceptionalism!!!
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Seth Abramson @sethabramson.bsky.social · 21/11/2024
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azboblord.bsky.social @azboblord.bsky.social · 20/11/2024
Hey look, we’re on the verge of our first $400 billion family! Congratulations, America.
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Patriotic Millionaires @patrioticmillionaires.org · 19/11/2024
A Trump-appointed judge has struck down a Biden rule that expanded overtime pay to over 4 million salaried workers. You don’t need a law degree to understand that there is nothing unjust about low-salary workers receiving proper pay for all the work they do. www.fastcompany.com/91230653/ove...
fastcompany.com
Overtime pay for millions of workers has been blocked by a Texas judge
A federal judge in Texas sided with a group of business organizations who argued that the Labor Department exceeded its authority.
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