Thinks we shouldn't give more tax breaks to billionaires. Formerly @ombpress @Groundwork @RooseveltInst @amprog @senatebudget @HELPCmteDems. Personal account.

Washington, DC
Joined September 2010
Michael Linden retweeted
Ossoff: If you're late with your rent, the machinery of late fees and eviction is very efficient. But when you tell your landlord about the black mold in your daughter's bedroom, nobody comes for four months. And then when you got to take her to the hospital for her asthma attack, you get a $3,000 bill for the ambulance. Life was already hard enough before Donald Trump lied us into war, before his tariffs made everything more expensive, and before he doubled your health insurance premiums and slashed Medicaid. It costs more today than ever before in American history to fill up your truck, to stock your fridge, to power your home, to go to the doctor. Meanwhile, and you've seen it, the president and the first family line their pockets to the tune of billions of dollars.
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Michael Linden retweeted
It cannot be overstated how much red tape Republicans added to the process of getting Medicaid and SNAP. Millions of people who literally qualify for these programs are being kicked off them, despite qualifying, because of all the red tape Grassley voted to add to them.
Republicans hv been hard @ work cutting red tape 2 lower costs+ make life easier for Americans We hv already overturned 23 Biden era regulations thru legislation GOP is committed 2 slashing heavy-handed gov policies
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Michael Linden retweeted
needed video to believe he actually said this 9 days before an election.
TRUMP on HIGH GAS PRICES: We’re making money like we’ve never made before. They’ll say: President Trump is bragging about all the money they're making while people are suffering at the pump. I don’t give a damn. We’re making a freaking fortune.
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Pennsylvania Governor Josh Shapiro pledges to codify Roe into law if he's given a trifecta next month.
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I think people might be underestimating just how unpopular this guy is going to be after two MORE years of this.
Trump: "While oil prices are temporarily high ... the United States oil and gas business is making hundreds of billions of dollars"
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Michael Linden retweeted
This Forbes investigation is a must-read. Donald Trump pulled in roughly $1.4 billion from crypto in 2025, plus more than $200 million from real estate, and faced a projected tax bill north of $500 million. So his company donated the "development rights" to his Jupiter, Florida golf course to a land trust, argued the course was a natural habitat worth protecting, and kept right on running the club. Forbes estimates the write-off could land around $825 million. He has done this at least five times since 2005. New York's attorney general alleged two of those appraisals were inflated. In Doral, he claimed a deduction of up to $323 million, more than double what he paid for the entire resort. A month after the Jupiter deal, he sued the IRS. The settlement his own Justice Department signed bars claims against him over matters that "could be pending," language that appears broad enough to cover this year's taxes. A federal judge found the case was brought to manipulate the judicial process. And the man now running the IRS, who took the job as this deal was being assembled, has a home backing onto those same Jupiter fairways. This is absolutely ridiculous. Nobody should be able to use the presidency to write his own tax bill. forbes.com/sites/danalexande…
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Is it really an “accusation” when we can all see it’s true with our own eyes?
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This is one reason why we should be skeptical of analyses that are based on rich people "considering" "threatening" "planning" to move based on changes in tax policy.
Just when I thought I was out, they pull me back in
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Ok, 1 more post on the Ruah-Jaros CA Billionaire Wealth Tax analysis and then I'm done. I promise. Here's a visualization of how much their aggressive assumptions matter to their finding. This first chart takes their infinite horizon and discount rates at face value.
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If that weren't enough, the infinite horizon is also doing a lot of work. Here is the same sensitivity analysis, but using a 50 year and then a 30 year window.
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These really hammer it home. Under much more reasonable assumptions, even using their model, the tax comes out ahead. That doesn't mean you have to support the tax or think it's a good idea. But Ruah-Jaros clearly put their thumb on the scale.
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Michael Linden retweeted
OBAMA on SHERROD BROWN: This is not a guy who enriched himself cozying up to corporations. He's still wearing the same suit he was in when I met him 20 years ago.
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Michael Linden retweeted
Elon Musk is trying to buy a Senate seat. If a trillionaire did this in another country we would say it’s a banana republic
Texas PAC is up to $171M in TV spend to boost Ken Paxton.
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Michael Linden retweeted
Bucks County Dems are fired up and showing up to flip the PA state senate and expand the PA House Dems’ majority so @JoshShapiroPA can get more shit done to make lives better, lower costs, and have Harrisburg work for people, not billionaires and corporate lobbyists.
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For those who are keeping track, the most important criticisms of the Rauh paper are: 1. An income estimate not based on microdata, instead assuming all billionaires have high incomes 2. Assuming no cheap talk for billionaire migration 3. 50% haircut for legal challenges (cont)
Gabriel Zucman @gabriel_zucman has now for the third time criticized our research on California’s proposed billionaire tax, claiming we have provided “no answer” to his criticisms. xitter.cf/gabriel_zucman/status/… We have actually already responded twice on this platform, but let’s address his arguments once more in detail, with the hope that third time’s the charm. 1/14
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No one can survive in 2026 making $7.25 an hour. Let me put that in real terms: If you work a 40-hour work week, that’s a little over $15,000 a year. That’s not sustainable. Despite that fact, another legislative session has come and gone — and while the House has voted repeatedly to raise the minimum wage, Republicans in the State Senate left town again and refused to even bring a minimum wage bill up for a vote.   It’s not okay. It’s time to raise the minimum wage in Pennsylvania.
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Michael Linden retweeted
Do you know why you don't hear Republicans talk about their "Big Beautiful Bill" anymore? Because they know they betrayed working people. Reversing Trump's disastrous health care cuts must be Congress's top priority so we can bring down costs for American families.
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Michael Linden retweeted
El-Sayed: "I thought you were for the common man. If you're with billionaires, we disagree." Watters: "I'm entitled to the fruits of my own labor." El-Sayed: "Billionaires don't make money from their labor. They make money from their money."
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