Skip to main content

Why are the billionaires always laughing?

Because they know the corporate media will never call bullshit on their bullshit.

Why are the billionaires laughing?

It’s easy to laugh when the corporate press treats you as a glorious success instead of the epitome of a broken social order. Billionaires laugh because they know the corporate media prefers to fawn over them rather than hold them to account.

Today, we ask you to support our nonprofit, independent journalism because we are not impressed by billionaires flying into space, their corporations despoiling our health and planet, or their vast fortunes safely concealed in tax havens across the globe. We are not laughing.

We are hard at work producing journalism for the common good. With our Fall Campaign underway, please support this mission today. We cannot do it without you.

Support Our Work -- Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Every donation—large or small—helps us bring you the news that matters.

For Immediate Release

Press Release

The Art of the Scam: Trump Threatens Cuts to Social Security, Medicare & Medicaid to Pay for More Tax Cuts for the Rich


In a televised interview early today, President Trump, when asked about “entitlement” programs, said he would “take a look at” so-called “entitlement” programs later this year and called it “the easiest of all things, if you look.”

If there was any confusion about what that means, Trump in answer to a question acknowledged he “was willing to do some of the things” he “said he wouldn’t do in the past”—a clear allusion to Trump’s promise in 2015 never to cut Social Security, Medicare or Medicaid.

“President Trump and the GOP can’t seem to help themselves: their core goal is to cut taxes for the rich and corporations, then turn around and try to pay for those cuts by slashing vital public services working families depend on and have spent years paying into,” said Frank Clemente, executive director of Americans for Tax Fairness. “But this time the American people are wise to the trick and won’t put up with it.”

Yesterday, Trump said he was planning to unveil new tax cuts within the next 90 days. He described the cuts as for the “middle class,” but that’s how he described the 2017 tax cuts as well, and this year under that law the top 1% on average got a tax cut 75 times bigger than the bottom 80%.

“We’ve seen this scam before, when Trump proposed budgets in 2018 and 2019 that would have slashed Medicare, Medicaid and the Affordable Care Act to make up for the nearly $2 trillion in extra debt created by tax cuts largely for the rich and corporations contained in the Trump-GOP tax scam,” added Clemente.


Americans for Tax Fairness (ATF) is a diverse campaign of more than 420 national, state and local endorsing organizations united in support of a fair tax system that works for all Americans. It has come together based on the belief that the country needs comprehensive, progressive tax reform that results in greater revenue to meet our growing needs. This requires big corporations and the wealthy to pay their fair share in taxes, not to live by their own set of rules. 

Fatal Film Set Shooting Followed Outcry by Union Crew Members Over Safety Protocols

"When union members walk off a set about safety concerns, maybe 'hiring scabs' isn’t the solution you think it is."

Julia Conley ·

New Whistleblower Sparks Calls to 'Crack Down on Facebook and All Big Tech Companies'

Hours after another ex-employee filed a formal complaint, reporting broke on internal documents that show the tech giant's failure to address concerns about content related to the 2020 U.S. election.

Jessica Corbett ·

'Catastrophic and Irreparable Harm' to Wolves Averted as Wisconsin Judge Cancels Hunt

"We are heartened by this rare instance of reason and democracy prevailing in state wolf policy," said one conservation expert.

Brett Wilkins ·

West Virginia Constituents Decry 'Immorality' of Joe Manchin

"West Virginia has been locked into an economy that forces workers into low-wage jobs with no hope for advancement, and after decades of this our hope is dwindling," said one West Virginian. "The cuts that Sen. Manchin has negotiated into the agenda hurt our state."

Julia Conley ·

'Texans Deserved Better Than This': Supreme Court Leaves Abortion Ban in Place

The nation's high court set a date to hear a pair of legal challenges to the "horrific" restrictions.

Jessica Corbett ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.

Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo