Politics

In first term President Trump delivered massive tax giveaway

They have doubled down by pushing through 2025 tax bill a multi-trillion-dollar giveaway to ultra-rich and corporations

U.S. has contended with oligarchy in the past

In 1948 William O Douglas argued power controlling the economy should be in hands of elected representatives not industrial oligarchy

150 billionaire families spent $1.9 billion in support of presidential and congressional candidates in 2024

Ultra-rich have bought themselves a seat in the Oval Office

Elon Musk Mark Zuckerberg and Jeff Bezos are examples of wealthy elite who cozied up to President Trump to influence policy

Trump has over a dozen billionaires in his administration

First is massive upward redistribution of wealth from everyday people to ultra-rich and mega-corporations

Democracy suffers when power belongs to just a few

Oligarchy is not created overnight decades of policies and politics across parties favored giant corporations and ultra-rich

Americans should brace for higher levels of inequality under Trump administration

Trump administration has a blueprint taking us deeper into oligarchy

It is fitting to use the term oligarchy for the direction America is headed given the wealth and power of the ultra-rich

Oxfam explains what oligarchy means for the U.S. and the world

Others say they are thrilled to be exercising their democratic right

Most political parties support charter but student-led NCP said proposals would have no teeth without legal basis and they pushed for referendum on whether it should be included in Constitution

Government was prepped for unrest

There have been reports of clashes between workers of various political parties in recent weeks

On Tuesday large groups of police and army troops rehearsed crowd control plans and more than 100000 army troops are being deployed across Bangladesh along with almost a million law enforcement personnel officials say