#Trump already has the weight of the #ExecutiveBranch behind his efforts to strip funding from top #universities, #deport millions of unauthorized #immigrants & pressure #ForeignGovernments to change their economic policies.

With the sprawling bill that passed through the #House on Thurs, #Republicans are also preparing to enlist the #TaxCode as another tool against Trump’s political foes.

#law #RevengePolitics
https://www.nytimes.com/2025/05/23/us/politics/republicans-taxes-trump-opponents.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=D8897650-C8DC-4320-B385-DFA3B3D729D8

#NoBillionaires #TaxTheRich #EatTheRich #GuillotinesWork #TheDailyShow #Poverty #EndPoverty #TaxCode

“Poverty, by America” author Matthew Desmond shares how the US could end poverty if the top 1% of Americans just paid the taxes they owed

the giant pot of bitcoins bought with leverage and the money of retail suckers that masquerades as a company known as #MicroStrategy (#MSTR) has a massive tax problem and has run to the IRS for help. They teamed up with #Coinbase and wrote a 76 page Very Angry Letter about how they cannot possibly be expected to follow the tax code as written.

(tl;dr the value of their bitcoins went up and they don't want to pay taxes on them despite taking an absolutely *massive* tax impairment a year or two ago when their bitcoins had gone down)

For bonus points consider that the CEO of MicroStrategy #MichaelSaylor was personally busted for massive tax fraud and had to pay a $51 million fine just a few months ago.

* WSJ: https://www.wsj.com/finance/currencies/microstrategy-federal-income-tax-unrealized-gains-f60b2c04
* no paywall: https://archive.ph/U4LQC
* 76 page letter: https://legacy.www.documentcloud.org/documents/25504499-coinbase-and-microstrategy-letter-to-the-irs-2024-0046-0028_attachment_1

The billionaire power grab is a reality, and it’s proving to be highly effective.#Politics #billionaires #taxes #Finances #TaxCode #1Percent