These Billionaires Received Taxpayer-Funded Stimulus Checks During the Pandemic
Ira Rennert, worth $3.7 billion according to Forbes, did not appear to need the cash infusion.
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Ira Rennert, worth $3.7 billion according to Forbes, did not appear to need the cash infusion.
IRS records reveal that 18 billionaires and some 250 other ultrawealthy people received aid intended to help middle-class Americans.
This story first appeared at ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories…
Knows that, think we have had a problem during the pandemic, that we have been clear what we would like to do and done something else because circumstances have forced it upon us. i think this is a pivot moment for the government. they have to decide are we going to do the things we know to be right and that includes facilitating private sector investment, and helping families with the cost of living by making it, work pay, so for example i called on them to find 10 billion a year to improve universal credit, through the work allowance and taper rate, i hope they do something serious on univer...
But critics say it isn't enough, given that some support put in place through the pandemic has ended and people are facing tax rises, too. what the government have announced today is going to be swallowed up by the tax rises they've already announced, by that big cut to universal credit and because people are already seeing big increases in the cost of living, so it'sjust more smoke and mirrors for the government. there will be more to come from the treasury on wednesday, when the chancellor will set out not just who might benefit from this budget but how he plans to keep the books balanced. w...