307

Record asset seizure: Authorities confiscated $7.6 billion in holdings tied to Vadim Moshkovich, the largest nationalization in recent years.

Part of wider campaign: The Kremlin has transferred an estimated $89.7 billion in private assets to state control since the Ukraine war began.

Elite on alert: Billionaires are showing loyalty to avoid similar fates, with some making large voluntary contributions to the state budget.

you are viewing a single comment's thread
view the rest of the comments
[-] finallymadeanaccount@lemmy.world 28 points 2 days ago

Billionaires are showing loyalty to avoid similar fates, with some making large voluntary contributions to the state budget

Won't be long until Trump hears about this new grift from his old mate, Vlad!

[-] Tollana1234567@lemmy.today 3 points 1 day ago

where do you think the 14point plan came from, its eerily similar to the multipoint plans that putin has given to ukraine and other countries, verbatim.

[-] rwrwefwef@sh.itjust.works 17 points 2 days ago

with some making large voluntary contributions to the state budget

In the US, we call these campaign contributions.

[-] pingveno@lemmy.world 3 points 2 days ago

Trump has gotten more brazen. Buy his cryptoscam, pay to build his ballroom, give his wife a sweetheart movie deal, the list goes on and on. And yeah, then there's the IRS tax audit immunity that would allow him and associated people to steal an estimated $100 million in forgone taxes. Truly a man who looked at the Russian kleptocracy and said "I want some of that."

[-] TankovayaDiviziya@lemmy.world 2 points 1 day ago

It's not a new grift, dictators do this all the time in order for the wealthy to tow in line.

[-] Corkyskog@sh.itjust.works 2 points 2 days ago

We were already on trajectory for this if AI worked out the way they wanted it to. Where does the US military budget come from if 90% of the tax base are laid off?

[-] BarneyPiccolo@lemmy.today 3 points 2 days ago

The other 10%, as long as they make under $100,000.

[-] Corkyskog@sh.itjust.works 4 points 2 days ago

The other 10% will be blue collar workers. You can tax that base 100% and you would still be missing 90% of the revenue you need.

this post was submitted on 16 Jun 2026
307 points (99.4% liked)

World News

56628 readers
2141 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 3 years ago
MODERATORS