Ten Ways Billionaires Avoid Taxes on an Epic Scale After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.

The top tax-avoidance techniques used by billionaires like Elon Musk, Jeff Bezos, Peter Thiel, and more 👇

(Published 2022)

Jeg skriver i dagens Klassekampen om den enorme skaden ostehøvelkuttene har påført norsk fengselsomsorg. Dette er en sektor jeg har vært stolt av. Heller en ren oppbevaring og innelåsing, har sektoren bygget opp en faglig kompetanse med mål om tilbakevending til samfunnet. Er det ødelagt? Tråd

And here we go. I never wrote this article, and yet it is cited here.

www.liberalbriefs.com/geopolitics/...

And of course, it sounds so plausible, I seriously checked whether I had forgotten it, or the footnote was slightly wrong.

#AIisnotresearch

New rock-star economist Gabriel Zucman’s wealth tax transfixes France The 38-year-old has a recipe to save the EU’s second-biggest economy from a debt crisis — but will the government dare act on it?

From @politico.com: Economist Gabriel Zucman has an idea that taps into deep frustration among an angry public tired of watching costs rise as governments collapse while trying to balance the books.

Learn about the "Zucman tax":

Graph showing: Avoided emissions from passenger cars in Norway

My estimates of how much Norway's CO₂ emissions have been reduced as a result of EVs, PHEVs, and biofuels.
robbieandrew.github.io/EV/

What Europe’s New Gig Work Law Means for Unions and Technology At EFF, we believe that tech rights are worker’s rights. Since the pandemic, workers of all kinds have been subjected to increasingly invasive forms of bossware. These are the “algorithmic

The new Platform Work Directive gives workers the right to challenge automated decision-making, to peer inside the algorithms used, to speak to a responsible human about disputes, and to have their privacy and other fundamental rights protected on the job. www.eff.org/deeplinks/2...

Kjernen i regulering burde vel ligge i algoritmene. Problemer med sosiale medier ligger i at de operer med ugjennomsiktige algoritmer, stort sett med mål om å holde bruker engasjert lengst mulig. Problemet ligger selvsagt ikke i åpen anonym diskusjon.

Høring av forslag til lov om aldersgrense for bruk av sosiale medier Barne- og familiedepartementet og Digitaliserings- og forvaltningsdepartementet (departementene) sender med dette på høring forslag til ny lov om aldersgrense for bruk av sosiale medier.

Jeg holder på å skrive høringssvar til forslag om aldersverifisering for bruk av sosiale medier. Fristen er tirsdag.

Det er svært mye ved forslaget som er problematisk. Jeg kommer til å kladde hva jeg tenker i denne tråden 🧵

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September 2025 was the third warmest September on record at 1.47C above preindustrial levels in ERA5, behind only the prior two years (2023 and 2024).

With 9 months of the year now in, I estimate 2025 will approximately tie with 2023 for the second warmest year on record at ~1.48C.

We are alarmed by reports that Germany is on the verge of a catastrophic about-face, reversing its longstanding and principled opposition to the EU’s Chat Control proposal which, if passed, could spell the end of the right to privacy in Europe. signal.org/blog/pdfs/ge...

Preparing for politicised dollar liquidity The time to act is now

Now is a good time to start worrying about Fed dollar swap lines.

on.ft.com/4pPdCOz

Memo for Labour: globalisation is good, actually This government is in many ways the party returned to its factory settings. But the product was faulty in the first place

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While I agree with much of what Stephen Bush argues here, I think this claim is overly simplistic: "This shouldn’t need saying in 2025 but markets and globalisation are good."
www.ft.com/content/2fa3...

The Real Stakes, and Real Story, of Peter Thiel’s Antichrist Obsession Thirty years ago, a peace-loving Austrian theologian spoke to Peter Thiel about the apocalyptic theories of Nazi jurist Carl Schmitt. They’ve been a road map for the billionaire ever since.

Thirty years ago, a peace-loving Austrian theologian spoke to Peter Thiel about the apocalyptic theories of Carl Schmitt, the German legal theorist tapped by the Nazi's to justify Germany's slip from democracy to dictatorship.

Those theories have been a roadmap for the billionaire
ever since.

In the past year Tesla has lost its Chief Information Officer, Director of Vehicle Programs, top public policy executives, and the heads of its power train, energy, battery and supercharger divisions, cybertruck rollout, Optimus robot program and North American sales & operations. on.ft.com/4pJj9GF

Trump’s pressuring the UK to axe the 2% Digital Services Tax (DST) on tech giants like Amazon, Meta and Google — one of the few taxes they actually pay.

Scrapping DST could cost us £5.2bn. Starmer is apparently ready to cave.

📧 Write to your MP today.
taxjustice.eaction.org.uk/protect-the-...

FinCEN plans to delete data on U.S. companies from beneficial ownership database - ICIJ Five years after ICIJ published the FinCEN Files, the Trump administration has walked back significant anti-money laundering rules.

Five years after ICIJ published the #FinCENFiles investigation, the Trump administration has walked back significant anti-money laundering rules.

Learn more:

Nick Fuentes’ Plan to Conquer America For years, influencer Nick Fuentes was too extreme even for MAGA. Now he's working his way into the mainstream—and has a plan for his secret followers to seize the levers of power.

For years, influencer Nick Fuentes was too extreme even for MAGA. Now he's working his way into the mainstream—and has a plan for his secret followers to seize the levers of power.

It is a dramatic story.

Ingolstadt, one of Germanys auto bastions, is warning that trade tax/local business tax income (key for local govs) is down by 70% from peak as the industry withers.

The second China shock was always going to show up in geographically concentrated pockets of Germany.

The IMF too long assumed imbalances would recede.

The Fund is now - thankfully - marching back into the global imbalance part of its mandate.

IMF staff just released an interesting new paper.

“Do trade imbalances boost incomes in surplus economies at the expense of deficit economies?

1/

Very interesting thread.

I Thought I Knew Silicon Valley. I Was Wrong Tech got what it wanted by electing Trump. A year later, it looks more like a suicide pact.

Tech got what it wanted by electing Trump. A year later, it looks more like a suicide pact.

Trump signs executive order supporting proposed deal to put TikTok under US ownership President Donald Trump has signed an executive order declaring that a proposed deal allowing TikTok to continue operating in the United States will be a qualified sale that meets national security concerns laid out by the law.

TikTok users could now “get the editorial policies of the people who now have control of the company,” EFF’s @davidgreene.bsky.social told @APNews.com. "It won’t be 100% MAGA (Trump said). The question is how it will treat criticism of him and people he likes.”
apnews.com/article/tru...

What we get wrong about China An interview with Michael Pettis

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Martin Sandbu: "If one part of the global economic system uses state intervention and policy tools actively, whereas another follows a laissez-faire approach to the economy, the latter is more likely to become the balancing item for decisions made...
www.ft.com/content/e46e...

Verdt å lese

Ed Zitron sitting on a chair with a game console staring very normally

Ed Zitron staring with a shadow on his face

I chatted with the @financialtimes.com about my writing, the podcast, tech criticism, and being myself.

archive.is/2025.09.25-0...

Household income growth holds key to Chinese consumption hopes: ex-official Yang Weimin says ‘gradually narrowing’ income gap will provide momentum for economic growth, reiterates need for ‘common prosperity’.

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Yang Weimin, former deputy head of the Office of the Central Leading Group on Financial and Economic Affairs: “The main reason for weak consumer demand in China is fundamentally a matter of income.”

He's right, of course.
www.scmp.com/economy/chin...

Trump Is Getting Closer to Having an ‘Infinite Money Pit’ If the president takes over the Federal Reserve, he will have extraordinary power to reward his friends and destroy his enemies.

1. This piece by Roge Karma is absolutely worth reading - www.theatlantic.com/economy/arch... . If the Supreme Court allows Trump to fire Lisa Cook, the consequences are likely to be disastrous. key points: