Real Estate Industry Spends Big To Crush LA “Mansion Tax”
Corporate real estate interests, like Douglas Emmett, have come out in full force to try and defeat a ballot measure to hike taxes on multimillion-dollar property sales.
Critical coverage on the global financial system and domestic policies that shape the U.S. economy, with a focus on corporate wrongdoing.
Corporate real estate interests, like Douglas Emmett, have come out in full force to try and defeat a ballot measure to hike taxes on multimillion-dollar property sales.
As Biden takes aim at overdraft fees and other “junk fees” that prey on the country’s most vulnerable, big banks’ GOP lackeys are going on the offensive.
The GOP Senate candidate, Adam Laxalt, received maxed-out contributions from executives of a firm that runs controversial financing schemes with the gun manufacturer behind the Las Vegas and Uvalde, Texas, shootings.
As Mississippi considers privatizing Jackson’s water, parts of the city system already run by private companies have been left in ruins.
The North Carolina GOP Senate nominee, Ted Budd, helped clear the way for a controversial 2019 bank merger, then took hefty campaign cash and loans from the resulting financial behemoth.
Documents show Ted Budd, the North Carolina GOP Senate candidate, pressed regulators to let his Wall Street donors get around predatory lending laws.
The chip manufacturer cheered on a $76 billion subsidy package for the industry, then announced capital spending cuts and mass layoffs while maintaining payouts to shareholders.
Republicans are spending Democrats into the ground on economic issues and inflation.
While publicly marketing their support of refugees, major companies are among the largest donors behind the right-wing pro-deportation agenda.
José Andrés has spent years crafting his public image as a charitable restaurateur, while quietly opposing efforts to raise worker pay.