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AMERICANALMANAC (Sadie Smith) - Jon Ossoff rakes in nearly $400,000 from 39 out-of-state billionaires while railing against big money in politics

Sen. Jon Ossoff has built his 2026 reelection campaign around a simple pitch: he's the populist fighting a "coin-operated" political system rigged by the ultra-rich. Federal Election Commission records tell a different story. The Georgia Democrat has accepted nearly $400,000 from 39 billionaire donors since the start of 2025, not one of whom appears to […] The post Jon Ossoff rakes in nearly $400,000 from 39 out-of-state billionaires while railing against big money in politics appeared first on American Almanac .

Sen. Jon Ossoff has built his 2026 reelection campaign around a simple pitch: he's the populist fighting a "coin-operated" political system rigged by the ultra-rich. Federal Election Commission records tell a different story. The Georgia Democrat has accepted nearly $400,000 from 39 billionaire donors since the start of 2025, not one of whom appears to be from his home state. The gap between Ossoff's rhetoric and his fundraising is not a matter of interpretation. It is documented in his own FEC filings and in his own words. The Washington Free Beacon identified the 39 donors by cross-referencing Forbes billionaire listings with FEC contribution records for Ossoff's campaign committee. The names read like a directory of progressive…Open

THEFEDERALIST (Nathanael Blake) - Trillionaires Like Elon Musk Aren’t A Problem For America, Envious Leftists Are

Multimillionaire politicians denounce billionaires as the source of all evil, to the applause of college graduates pretending to be working class. It's a dangerous farce.

NYTIMES (Mihir Zaveri and Benjamin Oreskes) - Can a Second-Home Tax Work in New York? The Numbers Don’t Add Up Yet.

The tax proposal is being held up as a generational attempt to make the ultrawealthy pay more to society and potentially raise $500 million a year for New York City.

NYTIMES (Benjamin Oreskes, Mihir Zaveri and Grace Ashford) - Contours of NYC’s Pied-à-Terre Tax Begin to Take Shape

As state leaders determine how much owners of high-priced second homes in New York City may have to pay, they are also wrestling with opaque L.L.C.-ownership issues.

NYTIMES (Ronda Kaysen) - What Is the Pied-à-Terre Tax? 5 Things to Know About Hochul’s Proposal.

Gov. Kathy Hochul wants to tax second homes in New York City that are worth $5 million or more. Here’s how the proposal might work.

NYTIMES (Grace Ashford and Jeffery C. Mays) - The Pied-à-Terre Tax Has Failed Before. Could This Year Be Different?

Amid calls from the left to tax the rich, a tax proposal on multimillion-dollar second homes in New York City, backed by Gov. Kathy Hochul, seems to have better odds of passing than in years past.

NYTIMES (Benjamin Oreskes) - Hochul Proposes Tax on N.Y.C. Second Homes That Are Worth $5 Million

Gov. Kathy Hochul, who has opposed raising taxes, favored a “pied-à-terre” luxury tax because it largely targets the ultrawealthy who primarily live outside New York City.

NYTIMES (Theodore Schleifer) - The Billionaire Backlash Against a Philanthropic Dream

The Giving Pledge, once trendy among the world’s richest, has come upon hard times.

NYTIMES (Steven Rich and Mike Baker) - 4 Takeaways on How Billionaires Are Donating to Federal Elections

300 billionaires and their families spent more than $3 billion on federal elections in 2024. Here’s a snapshot of how a surging class of ultrawealthy people is spending money on political change.