Billionaire Tax Club
What A Day27 Feb 2025

Billionaire Tax Club

Tax season is upon us, with millions of Americans preparing to file lots of complicated paperwork with the Internal Revenue Service to figure out how much they owe the federal government. Potentially complicating things this year, though, is the Trump administration's decision to fire thousands of IRS workers, just as all that complicated paperwork starts rolling in. Economist Lindsay Owens, executive director of the economic policy think tank Groundwork Collaborative, explains what tax cuts we can expect from Republicans' forthcoming legislation.

And in headlines: A pair of federal agencies directed government departments to prepare for mass layoffs, the U.S. records its first death from measles in a decade, and Jeff Bezos says The Washington Post's op-ed page will focus on 'personal liberties and free markets.'

Show Notes:

Episoder(1598)

The Government Reopens — To More Epstein Chaos

The Government Reopens — To More Epstein Chaos

The House returned on Wednesday and ended the longest shutdown in government history. House Republicans were joined by six democrats to fund the government through January 30th. Two Republicans voted ...

13 Nov 202522min

Misread the Moment: Rep. McBride On Senate Democrats

Misread the Moment: Rep. McBride On Senate Democrats

The government shutdown is inching closer to an end as members of the House of Representatives return to Washington today. They are expected to vote on a bill to end the shutdown this week, after eigh...

12 Nov 202524min

Sen. Sanders Slams The Surrender Dems

Sen. Sanders Slams The Surrender Dems

Monday night, the Senate passed legislation to reopen the government, sending it to the House. The eight Senate Democrats who reached a deal with Republicans over the weekend defended their compromise...

11 Nov 202524min

Inside the Deal to End the Shutdown

Inside the Deal to End the Shutdown

On Sunday evening, senators from both parties reached a deal that could bring an end to the government shutdown, which has lasted well over a month. The deal would include a new stopgap measure that w...

10 Nov 202520min

If Not A Recession, Why Does It Feel Like One?

If Not A Recession, Why Does It Feel Like One?

After Tuesday’s election results, everyone seems to have gotten the message that affordability is king. Democrats, Republicans, and even President Donald Trump have been talking about the costs of var...

7 Nov 202525min

Is Trump About To Lose His Trade War?

Is Trump About To Lose His Trade War?

It was a big day for President Donald Trump as the Supreme Court heard arguments on his power to impose tariffs unilaterally. And the justices seemed… skeptical. Even Trump-friendly Justice Neil Gorsu...

6 Nov 202523min

Dems Win Big: A Midterm Preview?

Dems Win Big: A Midterm Preview?

Tuesday was Election Day and Democrats won big! Voters in New York City elected Democratic Socialist Zohran Mamdani as their next mayor. In Georgia, Democrats won their first statewide elections in 20...

5 Nov 202524min

Chicago Fights Back

Chicago Fights Back

A federal judge once again blocked the Trump Administration from sending the National Guard to Portland over the weekend — but if Trump is successful in the courts, Portlanders can look to the great c...

4 Nov 202524min

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