Reader-supported media outlet holding power accountable. Tips/pitches: editor@levernews.com
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Dec 2 • 5 tweets • 2 min read
Trump is filling his next cabinet with the super rich — and thanks to a little known provision in the IRS code, his allies stand to receive some of the biggest personalized tax breaks in history (?/🧵)
A provision inserted into the tax code 35 years ago allows government officials to indefinitely defer all capital gains taxes on such divestment — a tax benefit worth potentially tens of billions of dollars to Trump’s wealthy allies.
Mar 27 • 6 tweets • 2 min read
🧵NOTICE A PATTERN?
The company that chartered the cargo ship that destroyed the Key Bridge was recently sanctioned for having a policy blocking its employees from reporting safety concerns to the Coast Guard — in violation of a federal whistleblower law. levernews.com/feds-recently-…
Federal regulators at OSHA called the corporate policy “repugnant” and a “reprehensible and an egregious violation of the rights of employees."
May 17, 2023 • 8 tweets • 3 min read
🧵As private equity execs donated to a group supporting Ron DeSantis, he oversaw a billion-dollar transfer of state employees’ pensions into underperforming firms.
Florida’s investment decisions have cost retirees $10 billion + a new bill could give away even more to Wall St 👇
As governor, DeSantis oversaw the transfer of $1 billion of Florida public employees’ retirement dollars to firms whose executives donated to the Republican Governors Association, which poured $21 million into DeSantis’ political committee.
Feb 18, 2023 • 9 tweets • 4 min read
Many of you have tried pointing out to Adam how a reader-supported media outlet operates, but in case there's still any misconceptions we're happy to help him understand.
We investigated the Norfolk Southern train derailment in Ohio.
Here's what you need to know:
Norfolk Southern is part of a lobby group that successfully pressed President Donald Trump to repeal a 2015 rule requiring newer, safer electronic braking systems in some trains transporting hazardous materials.
Sean McElwee, the founding executive director of the polling outfit Data for Progress, has reportedly advised FTX's Sam Bankman-Fried during his quest to go from complete unknown to political player.
levernews.com/washingtons-32…
Bankman-Fried began by bankrolling a super PAC, called Protect Our Future, that intervened in Dem primaries.
Protect our Future spent $1 million to help reelect Shontel Brown, who was facing a competitive primary challenge from progressive Nina Turner.
Our small, scrappy team of investigative reporters has spent this election cycle digging up stories that mainstream outlets and elites typically overlook but are of grave importance.
Take a look at what we've covered this election cycle.
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Last week, @davidsirota hit the campaign trail with @JoshShapiroPA to report on the man who, if he becomes Governor of Pennsylvania, could be the last line of defense for our democracy.
An elderly, ultra-secretive Chicago businessman has given the largest known donation to a political advocacy group in U.S. history — worth $1.6 billion.
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levernews.com/how-a-secretiv…
The recipient is a new dark money group run by Trump judicial adviser Leonard Leo, who helped eliminate federal abortion rights.
Leo will now use the money to finance his already sprawling network.
Roe was overturned today because of a legal scheme employed over years, backed by incredible sums of money.
The Supreme Court’s devastating Dobbs v. Jackson Women’s Health Organization decision, handed down today, illustrates how the multi-faceted scheme works in practice. 1/4
Miss. Republican AG Lynn Fitch led the case to overturn Roe. Fitch, who benefited from $225,000 in donations and spending by the Concord Fund-backed RAGA in her 2018 race, asked the Supreme Court to uphold a Mississippi law that would ban most abortions at 15 weeks... 2/4
Jun 24, 2022 • 6 tweets • 2 min read
A devastating passage from the dissenting opinion: "The Mississippi law at issue here bars abortions after the 15th week of pregnancy. Under the majority’s ruling, though, another State’s law could do so after ten weeks, or five or ... from the moment of fertilization. 1/6
"States have already passed such laws, in anticipation of today’s ruling. More will follow. Some States have enacted laws extending to all forms of abortion procedure, including taking medication in one’s own home. 2/6
Jan 14, 2021 • 7 tweets • 4 min read
THREAD: Let the @DailyPoster introduce you to some of the name-brand corporations & their executives that financed the super PACs that support the Republican lawmakers who egged on the insurrection & tried to overturn the election. dailyposter.com/p/the-slush-fu…
There is @CharlesSchwab - the company says it is halting relatively small PAC donations, but its billionaire chairman Charles Schwab delivered more than $9 million to the super PACs that support the Republican lawmakers who tried to overturn the election. dailyposter.com/p/the-slush-fu…
