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Glastonbury Organiser Says Those Who Don't Agree With Festival's Politics 'Can Go Elsewhere'

Glastonbury Organiser Says Those Who Don't Agree With Festival's Politics 'Can Go Elsewhere'

Yahoo4 hours ago

Michael Eavis has insisted that politics still play an important part of Glastonbury's identity.
The 89-year-old festival founder was recently interviewed by the Glastonbury Free Press about whether he thinks that the huge-scale music event still stands for something (as reported by The Guardian).
'Oh heaven's above, yes, of course it does,' he said. 'And I think the people that come here are into all those things.'
Michael added: 'People that don't agree with the politics of the event can go somewhere else.'
As well as musical performances, this year's Glastonbury will include a number of political events.
These will include a talk about 'what['s] next for the Left' by commentators like Ash Sarkar and Gary Younge, as well as a debate about the rise of the 'far-right' in our contemporary society with Labour's Zarah Sultana.
Green Party MP Caroline Lucas will also make an appearance for a discussion titled Saving The Planet But Not Leaving Workers Behind, while Gary Lineker will take part in a panel called Standing Up For 'Getting Along' In A World That's Being Pushed Apart.
One of the most talked-about acts at this year's Glastonbury will be Kneecap, who are due to appear after one of its members was charged with a terror offence.
Kneecap have long maintained that they've been the victims of a 'witchhunt' and 'smear campaign' ever since their set at the Coachella music festival in April, where they expressed solidarity with Palestine amid the current conflict in the Middle East, leading the crowd in a chant of 'free Palestine' and projecting the message 'fuck Israel' onto the screens behind them.
Days later, it was reported that counter-terrorism officers were assessing a resurfaced video filmed at one of the group's gigs that took place five months earlier, during which they reportedly declared 'up Hamas, up Hezbollah'.
It was subsequently confirmed that musician Liam Óg Ó hAnnaidh – better known to Kneecap fans by stage name Mo Chara – had been charged with a terror offence, for allegedly brandishing the flag of the proscribed terrorist group Hezbollah, after being handed it by a member of the crowd at Kneecap's London show in November 2024.
Kneecap responded: 'We deny this 'offence' and will vehemently defend ourselves. This is political policing. This is a carnival of distraction. We are not the story. Genocide is.'
Prime minister Keir Starmer has voiced the opinion it is 'inappropriate' for Kneecap's Saturday afternoon slot to go ahead, to which the group wrote on Instagram: 'You know what's 'not appropriate' Keir?! Arming a fucking genocide…'
Michael Eavis' daughter Emily is now one of the event's organisers, and shared her take on the Kneecap controversy during an interview on Wednesday morning.
11 Must-See Performances If You're Watching Glastonbury From Home This Year
The BBC Sets The Record Straight About Why They Won't Be Airing Neil Young's Glastonbury Set
Glastonbury Organiser Breaks Silence On Controversy Over Kneecap's Spot On This Year's Line-Up

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Wedding Protesters Say Bezos Should Pay More Tax. Here's How Much He Likely Did Pay
Wedding Protesters Say Bezos Should Pay More Tax. Here's How Much He Likely Did Pay

Forbes

time27 minutes ago

  • Forbes

Wedding Protesters Say Bezos Should Pay More Tax. Here's How Much He Likely Did Pay

Activists from the UK-based collective "Everyone Hates Elon" and Greenpeace Italy unfurled the banner in Venice earlier this week, ahead of Jeff Bezos' and Lauren Sánchez's wedding weekend. Stefano Rellandini/AFP/Getty Images 'I f you can rent Venice for your wedding, you can pay more tax,' read a 4,300-square-foot banner unfurled across Venice's Piazza San Marco on Monday, days ahead of billionaire Amazon founder Jeff Bezos' wedding to former TV journalist Lauren Sánchez. 'This isn't just about one person—it's about changing the rules so no billionaire can dodge responsibility, anywhere,' Clara Thompson, campaigner for environmental activist organization Greenpeace (which helped organize the protest), wrote in a press release. 'The real issue is a broken system that lets billionaires skip out on their fair share of taxes while everyone else is left to foot the bill.' So just how much in tax does Bezos really pay? The world's fourth-richest man—now worth an estimated $231 billion—likely paid some $2.7 billion in taxes in 2024, per Forbes estimates. The lion's share of that tax bill is the result of Bezos' record year of share sales: he offloaded $13.6 billion worth of Amazon stock as the e-commerce giant's share price soared 46% and pushed Bezos' net worth to an all-time high. In just one year, he got nearly $60 billion richer—meaning his taxes amounted to just 4.5% of his increase in wealth last year. (Bezos owns a nearly 9% stake in Amazon worth $203 billion.) That's because stock is only taxed when it's sold, and not on its appreciation in value; activists like the protesters in Venice this week want that to change. Bezos also donated $2.5 billion worth of Amazon shares to nonprofits over the last three years, which enabled him to reduce his 2024 tax bill by as much as an estimated $600 million. 'As long as they hold onto assets that gain in value, there's no tax, no matter how rich they are on paper,' says Brian Schultz, tax partner at wealth management and consulting firm Plante Moran. Bezos didn't pay any federal taxes in 2007 and 2011, per ProPublica reporting on leaked tax returns, and likely paid little in 2022 and 2023, two years when he didn't sell any Amazon shares. (Amazon doesn't pay dividends, which are also subject to taxes.) The protesters in Venice say that Bezos—and billionaires like him—should be taxed on their wealth (as opposed to their income) or the appreciation of their unsold stock in order to pay their 'fair share.' Per a 2018 UC Berkeley study based on Forbes data, families in the top 0.1% of Americans by net worth were estimated to owe just 3.2% of their wealth in taxes in 2019, while the bottom 99% were estimated to have owed 7.2%; since then, America's richest have only gotten richer, and Bezos' estimated tax bill for 2024 amounts to around 1% of his estimated net worth. If some of the plans to tax billionaires more that have been proposed recently were in effect, his tax bill for last year would have likely more than tripled but would still be a small fraction of his net worth. B ezos founded Amazon in 1994 and took it public in 1997. (Had he never parted with any of his stock, Bezos would still own a 22% stake worth more than $500 billion today.) Since then, Amazon hasn't awarded Bezos additional stock and has paid him a modest salary—$81,840 in 2020, the year before he stepped down as CEO. He's not just being humble. Having cash salaries as low as $1 is a common, tax-advantageous move among executives because, while cash income is taxed in the year the executive receives it, shares of company stock don't get taxed until they're sold for a profit. That means Bezos can defer paying taxes on the stock he's owned for decades. In 2023, Bezos announced his move to Florida with a sentimental video his dad took of him at Amazon's first 'office' (his garage in Seattle) and Bezos explaining how he wanted to be closer to his parents, who'd recently moved back to Miami. What he didn't mention: The move also allowed him to avoid the newly-enacted 7% state capital gains tax in Washington, where he'd lived since 1994. The fact that he sold a record sum the first year he lived in Florida might be coincidental, but it saved him a bundle. The $13.6 billion from Bezos' 2024 Amazon share sales was likely subject to the top 23.8% rate for federal taxes on long-term capital gains, resulting in an estimated $3.2 billion federal tax liability before deductions. Had he still lived in Washington, he likely would have paid nearly 31%, or another $1 billion in taxes. Like Washington, Florida has no state income tax. As Bezos, 61, nears the average American's retirement age, the Sunshine State offers one other advantage: no state estate tax (and as for the federal estate tax, most billionaires are able to avoid that anyway). Amazon share sales aside, Bezos pays a smattering of other taxes. For example, property taxes: Over the last five years, Bezos spent more than $500 million to add several splashy homes to his real estate portfolio, including three (or possibly four) properties on Miami-Dade County's 'billionaire bunker,' Beverly Hills' nine-acre Warner Estate and a secluded estate on the Hawaiian island of Maui. Bezos' properties in Florida, Washington, California, D.C., New York and Hawaii cost him around $7 million in 2024 property taxes, per local government websites. (He also sold one of his Washington state properties for $63 million last year, which resulted in around $10 million in estimated taxes.) Bezos could pay annual taxes on other investments. Since he made a reported $250,000 bet on Google in 1998, Bezos has invested in at least 108 startups—and now holds stakes in several high-profile AI companies, including humanoid robotics firm Figure AI and AI-powered search engine Perplexity. (Dow Jones & Co. sued the company in 2023 alleging large-scale illegal copying of copyrighted work; Forbes sent Perplexity a cease-and-desist letter accusing the company of using its reporting without permission in June 2024.) If any of the companies he bet on are acquired, conduct private share sales, pay dividends or go public, Bezos would need to pay capital gains taxes on that income. Additionally, if Bezos has other income-generating investments, like dividend- or interest-paying stocks or bonds, that would add to his tax bill as well, according to Matthew Lee, director of wealth strategies at investment manager Wilmington Trust. Then there are the tax deductions, mostly due to charitable contributions. Bezos is one of America's top givers by dollar amount, per Forbes' calculations, having given away more than $4 billion during his lifetime to climate, housing and education causes, as well as the Smithsonian and the Obama Foundation. Donors can immediately deduct up to 20% or 30% of their adjusted gross income via stock gifts to charitable organizations, regardless of whether those charities actually use the funds that year (and potentially more via charitable trusts, although Bezos isn't known to use them). Donors can also carry forward unused deductions from the past five years. 'Of course you have to have a desire to support charities,' says Plante Moran's Schultz of wealthy philanthropists. 'But if they're going to donate to charity, there's certainly incentive to try to make sure that it's as tax beneficial as possible for the money that they're looking to give.' Here's how that likely applies to Bezos. Bezos had a capital gain of nearly $13.6 billion from selling Amazon stock in 2024. He didn't sell any Amazon stock in 2022 and 2023—when shares were down and when Washington was in the process of enacting its 7% state capital gains tax—and likely didn't report nearly as much income in those years. That means Bezos' charitable contributions from 2022 to 2024 could have been deductible on his 2024 tax return. According to securities filings, Bezos gifted $2.5 billion worth of Amazon stock to nonprofit organizations during that period—just under 20% of his estimated 2024 income. If all applied to his 2024 tax bill, the gifts could have reduced Bezos' tax obligation by as much as $600 million. One other way the ultra-wealthy often avoid taxes is by borrowing against their shares tax-free instead of selling them, which would trigger capital gains taxes. Elon Musk, the world's richest person, famously employs this approach with his Tesla shares. Amazon discloses in regulatory filings that directors like Bezos 'may not pledge Amazon securities as collateral for a loan' unless the arrangement is 'precleared with the Legal Department.' As Amazon's executive chair, Bezos would be required to disclose pledged shares in regulatory filings, and hasn't done so. Still, he could borrow against other stocks he owns. Proposals for taxing the ultra-wealthy more do exist. In 2021, Senator Elizabeth Warren proposed an 'Ultra-Millionaire Tax' that would impose a 6% annual wealth tax on fortunes above $1 billion, and claimed it would bring in nearly $3.75 trillion over a decade. During her 2024 presidential campaign, former vice president Kamala Harris expressed support for a proposal that people worth more than $100 million pay a minimum of 25% of their income (which would be expanded to include 'unrealized capital gains') in taxes. Neither proposal has been successful so far. But if enacted, Forbes estimates that Bezos would have needed to pay more than $10 billion in additional taxes under either Warren's or Harris' preferred approach. Neither sum would dent his fortune much at all. 'Every handful of years, depending on the makeup in Washington, those proposals get resurrected,' says Wilmington Trust's Lee. 'But I think you're seeing more politicians who seem to be interested in exploring those.' As for his wedding? Getting married isn't likely to affect his tax bill much, if at all. Bezos and Sánchez are so far above income thresholds that would make filing joint taxes financially advantageous for them. And especially because this isn't a first marriage for either of them, almost all property is likely to be kept separate, taxed separately and bound to a strict prenuptial agreement, regardless of whether they file taxes jointly or not, says Lauren Crane, partner at family and matrimonial law firm Bender and Crane. In any case, Bezos is certainly saving enough on tax deductions to cover the costs of his and Sanchez's star-studded wedding festivities, from canals to cakes. More from Forbes Forbes Why The U.S. Should Copy Canada To Fix Its Broken Air Traffic Control System By Jeremy Bogaisky Forbes Will Mamdani's Proposed Millionaire Tax Save Or Sink New York City? By Kelly Phillips Erb Forbes How This Hollywood Producer Turned Brad Pitt Into A $40 Million 'F1' Ad By Matt Craig Forbes Elon Musk Has Fired One Of His Top Tesla Lieutenants By Alan Ohnsman Forbes Why The U.S. Should Copy Canada To Fix Its Broken Air Traffic Control System By Jeremy Bogaisky

South Africa's Ramaphosa Cancels Trip as DA Mulls GNU Role
South Africa's Ramaphosa Cancels Trip as DA Mulls GNU Role

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South Africa's Ramaphosa Cancels Trip as DA Mulls GNU Role

South African President Cyril Ramaphosa canceled an international trip at the last minute ahead of an announcement by the second-biggest party in his coalition government after it gave him a 48-hour ultimatum, according to people familiar with the matter. Ramaphosa was due to attend a conference on financing for development in Seville, Spain, on June 30 but decided against undertaking the journey, said the people who declined to be identified because the details aren't public.

Kim and Khloé Kardashian Dress to Impress at Jeff Bezos and Lauren Sánchez's Venice Wedding, Plus Sydney Sweeney, Margot Robbie and More
Kim and Khloé Kardashian Dress to Impress at Jeff Bezos and Lauren Sánchez's Venice Wedding, Plus Sydney Sweeney, Margot Robbie and More

Yahoo

timean hour ago

  • Yahoo

Kim and Khloé Kardashian Dress to Impress at Jeff Bezos and Lauren Sánchez's Venice Wedding, Plus Sydney Sweeney, Margot Robbie and More

Stars have been everywhere this week. In Venice, Khloé Kardashian, Kim Kardashian and Sydney Sweeney attend Jeff Bezos and Lauren Sánchez's luxurious wedding. Meanwhile, Margot Robbie has a speaking engagement at Glastonbury Festival, and Pharrell Williams spends quality time with his son Rocket during Paris Fashion Week. Here are the best photos of celebs out and about this week. Come back tomorrow for more of the latest A-list outings! Kim Kardashian and Khloé Kardashian step out of their hotel in style to head to Jeff Bezos and Lauren Sánchez's wedding in Venice on June 27. Sydney Sweeney gives a look over her shoulder as she leaves for Bezos and Sánchez's nuptials in Venice on June 27. Margot Robbie speaks at the Pilton Palais Cinema during Glastonbury Festival in England on June 27. Pharrell Williams brings his son Rocket to the Dior show during Paris Fashion Week on June 27. Ellie Goulding enjoys a ride through the canals of Venice while in town for Jeff Bezos and Lauren Sánchez's wedding on June 27. Olivia Rodrigo headlines night one of BST Hyde Park in London on June 27. Gracie Abrams strums her guitar at Glastonbury Festival in England on June 27. Sofia Carson is glammed up at the "Nouvelles Vagues" International Biarritz Film Festival in France on June 27. Keira Knightley sparkles in a black-and-white number at the "Nouvelles Vagues" International Biarritz Film Festival in France on June 27. Busta Rhymes beams from ear to ear during his Glastonbury Festival performance in England on June 27. Lewis Capaldi returns to Glastonbury Festival in England for a performance on June 27. Reneé Rapp shares a laugh with Savannah Guthrie after performing on Today's Citi Concert Series in New York City on June 27. Joe Alwyn's got his stripes at the Dior Homme Menswear show during Paris Fashion Week on June 27. A casual Matthew Lillard stops by Funko Fundays in Los Angeles on June 27. Christopher McDonald shows off the cup of Subway's upcoming Happy Gilmore meal in New York City on June 27. The Killers frontman Brandon Flowers performs an exclusive concert for Wells Fargo credit cardholders in St. Paul, Minnesota, on June 26. Gregg Sulkin sports shades at the Mediterrane Film Festival in Malta on June 26. Simone Ashley sits by the water before christening the new Ritz-Carlton superyacht in Barcelona, Spain, on June 26. Cardi B bartends during her Whipshots Chocolate Shop event at Serendipity 3 in New York City on June 26. Bobbie Thomas and Kristin Cavallari have a talk at the first-ever Shop TODAY: Stages event in New York City on June 26. Lola Tung sits in the stands at the Mets game against the Atlanta Braves in New York City on June 25. Bourbon brand Maker's Mark hosts Brie Larson and Courtney McBroom at the debut of the limited-edition Champion Selection x Los Angeles Dodgers bottle. Rihanna and A$AP Rocky greet the photographers as they attend the Dior Homme fashion show for Paris Fashion Week on June 27. Sabrina Carpenter is photographed in an all-gray ensemble at the Dior Homme Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 27. Oprah Winfrey is all smiles while attending Jeff Bezos and Lauren Sánchez's wedding in Venice on June 26. Emma Stone shines bright at the Los Angeles premiere of A24's Eddington at DGA Theater Complex on June 26. Sydney Sweeney is head-to-toe in black as she is spotted in Venice for Jeff Bezos and Lauren Sanchez's wedding on June 27. Mariska Hargitay flashes a smile in breezy summer attire while in New York City on June 26. Heidi Klum looks radiant, flashing a smile on her way to Jimmy Kimmel Live! on June 27. Paul Mescal, Joe Keery and Fionn O'Shea are pictured at the Gucci Dinner co-hosted by Jannik Sinner on June 26 in New York. 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Mariska Hargitay sports a bright, floral dress as she departs from The View on June 26 in New York City. Star of Dora and the Search for Sol Dorado Samantha Lorraine makes a heart symbol with a Dora mascot at a special event at Bacari Silverlake in California on June 25. Actress Jamie Chung co-hosts a baby shower and enjoys a spicy Código 1530 margarita in Los Angeles on June 26. Naomi Watts wears a cute dress featuring strawberries as she walks around New York on June 26. Kristin Cavallari is all-black attire as she exits a hotel in New York on June 26. Kendall and Kylie Jenner are in deep conversation as they attend a dinner party in Venice to celebrate Jeff Bezos' wedding on June 26. Singer Flo Rida heralds the crowd as he performs on Fox & Friends in New York on June 26. TV host Jenna Bush Hager hosts a poolside event in New York to celebrate a recent collaboration with ResortPass on June 25. 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Melanie C and Emma Bunton smile and hold up matching peace signs at the press night performance of Pete Townshend's Quadrophenia on June 25 in London. Martha Stewart smiles during The Martha Stewart Podcast in a street window at the Rockefeller Building in New York City on June 25. Winnie Harlow looks stunning in a color ensemble at The Today Show on June 25 in New York City. Reese Witherspoon looks elegant as she attends the Tate Modern 25th Anniversary Fundraising Gala on June 25 in London. Princess Eugenie of York wears an all white dress as she attends the Tate Modern 25th Anniversary Fundraising Gala on June 25 in London. Brandy and Monica pose together as they leave the CBS Mornings talk show on June 24, where they went into detail about their upcoming reunion tour for The Boy Is Mine. Keanu Reeves arrives in Capri, Italy, on June 24 sporting a casual look in a gray blazer and baseball cap. 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Cooper Flagg rocks New Balance at the AT&T Flaggship Experience in Times Square, New York, ahead of the NBA Draft selection day. Ashanti and Nelly appear to be having a ball during a segment of Good Day New York on June 24. Leslie Bibb and Sam Rockwell smile and pose together at the the Saint Laurent Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 24. Victoria Monét dons a chic black dress with a white collar as she signs copies of her new book Everywhere You Are at Barnes & Noble in New York on June 24. Mike Jackson, Jay Ellis and John Legend smile and pose together as they arrive at opening night of the play Duke & Roya at the Lucille Lortel Theatre in New York on June 24. Lorde keeps it casual in New York as she is seen outside of The Late Show With Stephen Colbert on June 24. Sofia Carson is stunning and shimmering in all black everything as she attends the opening ceremony during the 3rd Nouvelles Vagues International Biarritz Film Festival on June 24 in France. Priyanka Chopra Jonas is a vision in sleek silver at the Heads of State premiere at Lincoln Center on June 24 in New York. Rami Malek looks professional in a suit and tie as he attends the Saint Laurent Menswear Spring/Summer 2026 show as part of Paris Fashion Week on June 24. Dua Lipa smiles and laughs in the rain as she performs during her Radical Optimism tour in Liverpool, England on June 24. Cristin Milioti looks too cool in sunglasses, a loose sweater and red skirt as she attends the Saint Laurent Menswear Spring/Summer 2026 during Paris Fashion Week. Mya smiles in a yellow suit jacket during a segment of Good Day New York on June 24. King Charles smiles as he attends a nature and finance reception at Lancaster House on June 25 in London. Abby Elliott poses during her interview on Morning Mash Up at SiriusXM Studios on June 24 in New York City. Gia Giudice dons an all white look as she attends the Heads Of State premiere at Lincoln Center on June 24. Idris Elba poses and smiles with fans at the world premiere of Heads Of State at Lincoln Center on June 24. Christine Baranski sports her glasses and a red lip at the SAG-AFTRA Foundation Conversations in New York City on June 24. Alicia Vikander and Minnie Driver both don evening gowns as they attend the Serpentine Summer Party 2025 in London. Eiza González wears a see-through gown with gold accents at The Serpentine Gallery Summer Party 2025 at Serpentine in London. Colin Jost serves Blue Moon at Jody's Club Forest in Staten Island to launch the "Nothing Outshines a Blue Moon" campaign on June 24. Stars of the film Violet McGraw and Allison Williams attend the M3GAN 2.0 premiere on June 24 at Bad Roman in New York City. Michelle Williams is seen on set filming A Place in Hell in Madison Square Park on June 24. Read the original article on People

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