Web 3 businesses will just use the same loopholes wealth management and law firms have (and are stoked about) after the last administration put in weak caps on wealth in 2017 (10k in deductions). Now 20 states and counting found ways for hedge funds to save on Federal taxes. 14/

PLUS the Senate railed against "Biden’s pick for top bank regulator" Omarova for her economic academic research & ideas around how to move wealth. One called her a commie. Even Dems got in on it. Bullied her till she withdrew herself. They are that scared to lose $ & power. 15/

Patriarchy is killing us. "Democratizing" power through blockchain and Web 3.0 solves nothing. It doesn't create more human accountability or increase value of caring. If you cede power to The Collective, fraud is a non-issue. It requires care for The Collective over "MINE."17/

Buying 1 of 1 is expensive if it's IRL or a string of code tacked on a digital art. Production cost is why it's worth something. "But "mining" is me taking responsibility for my investing." Mining is responsible for for $0.49 in health & climate damage for every $1 Bitcoin. 18/

Like Carbon offsets (B.S.) "You cannot use lifestyle or credits as an offset when you are actively building a system that does harm." Saying crypto/blockchain is safe/good for creators, & we should get in on it IS fraud. 80% of🌎impacted by climate change are women & girls. 19/

3/4 womxn want a new economy. THIS is not it. A NEW ECONOMY only happens if WE design & birth it. WE want DEMOCRACY, control over our money & our bodies, a social safety net, a fair tax code, & OUR HEALTH & PLANET. Big Tech 3.0 is NOT the #FutureOfWork. We the people are.🛑

I was feeling more than a little 🤬🔥 yesterday/today about the state of our economy, the *Takers* and what *THEY* keep doing in the name of "progress." 🧵about Crypto & Web 3 B.S., Care, & The Collective, TL;DR: want to help womxn, Black, Brown and Indigenous founders? PAY US.

Here is what Democracy Docket is tracking today: Active Voting Rights Cases: 159 Active Redistricting Cases: 44 Active Anti-Voting Cases: 84 Active Pro-Voting Cases: 72 Active DOJ Lawsuits: 31 Support its work by subscribing now: bit.ly/4a7l1TR

I get more questions from friends and readers about Quince than about any other retailer. How is the cashmere that cheap? Why do they sell champagne? What are they up to? So today I tried to explain what Quince's endgame is. Gift link: bloomberg.com/news/articles/…

Warren: I want to understand how slashing healthcare for families so Meta gets a $3 billion tax cut is a "really good outcome for the American public." IRS CEO: I don't see the two as correlated. Warren: Those tax cuts were paid for by pushing people off their healthcare.

If we lived in a normal country, this would be the biggest story, and the biggest political scandal, but we live in Trump’s America so it’s, like, the 7th least controversial thing we heard from this administration this week.

Last year, I told New Yorkers: we would open city-owned grocery stores to take on the affordability crisis. Today, we're delivering five stores — one in each borough — with the first opening next year. We're building a city where people can afford the basics, leave survival mode

We just won our trial against Live Nation and Ticketmaster.   A jury ruled in our favor and is holding the companies responsible for their illegal monopoly that cost consumers millions of dollars.   This is a landmark victory to protect New Yorkers from harmful monopolies.

JUST IN: John Eastman, the conservative attorney who helped devise President Trump's last ditch strategy to overturn the 2020 presidential election, has officially been disbarred, per the California Supreme Court.:

The word of the day is HABIBI! Happy #ArabAmericanHeritageMonth from Ramy Youssef, Elmo, and all of your friends on Sesame Street!

RFK, Jr tells Congress that he's not at fault for measles outbreaks b/c its a worldwide trend. But his public rhetoric & HHS policies have fueled vaccine hesitancy. There's a direct line between RFK, Jr. and vaccine preventable outbreaks. Kids are being needlessly hospitalized.

I'm launching a new publication for women in media, joined by my former Teen Vogue colleague Brittney McNamara as lead editor. Launching April 28.

More info: la-fronde.com

Zohran Mamdani: "If you are a Mario Kart fan, government is Yoshi and philanthropy is the Golden Mushroom, that edge we need to beat Bowser on the Rainbow Road. To belabor this metaphor even further, Bowser is corporate greed in this scenario."

A new analysis finds that tech giant Palantir Technologies paid $0 in federal income taxes last year, despite raking in hundreds of millions in taxpayer money to build out a mass network to surveil Americans in partnership with the Department of Homeland Security.