Friday, May 1, 2026

Tag: 1 percent

Spain, Brazil and South Africa create alliance to tax super-rich at...

Oxfam said the alliance created at the UN conference shows the political will for taxation of the super-rich that countries must follow their lead and join forces.

Since 1975, $79 trillion has been redistributed from the bottom 90%...

Has this massive redistribution, driven by policies favoring corporations and the wealthy, reshaped the American economy?

Oxfam reports richest 1 percent responsible for more carbon emissions than...

The report titled, “Climate Equality: A Planet for the 99%,” shows the large gap between the carbon footprint of the richest 1 percent and the rest of the people across the world.

Americans have been bilked out of billions during the pandemic from...

Unless America addresses runaway income inequality and begins protecting the most vulnerable in society, the next pandemic will hit the nation even harder.

Eight ways the Trump-GOP tax cuts have made the rich richer...

In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners.

World’s 500 richest people gained $1.2 trillion in wealth in 2019:...

"A small handful of billionaires should not be able to accumulate more money than they could spend in 10 lifetimes while millions of Americans are living in poverty and dying because they can't afford healthcare."

Bloomberg for president? God no!

Will Bloomberg buy his way to the top or even to a brokered convention where he could buy the support of the Super Delegates?

Billionaires keep benefiting from a tax break to help the poor....

“The Opportunity Zone program has been troubled from the start.”

A plaintive plea from America’s rich: Let’s change the subject!

Other candidates, most notably Bernie Sanders and Elizabeth Warren, begrudge plenty and have specific proposals for changing the rules that let wealth keep concentrating.

Economist Joseph Stiglitz: Capitalism hasn’t been working for most people for...

"We haven’t been challenged, to put it in a way. But we are being challenged now, because so many people have done so poorly."

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May 1 deadline could trigger constitutional clash over Trump’s Iran war

As the War Powers Resolution clock expires, a legal confrontation is emerging over whether President Donald Trump can continue military operations in Iran without congressional approval.

The Trump administration aims to penalize disabled adults who live with their families

A rule change pushed by White House officials would slash benefits or end support for as many as 400,000 Supplemental Security Income recipients.

A peace agenda to end military madness

To create a safer world, millions of Americans need to mobilize to end the war on Iran, prevent nuclear proliferation, halt the arms race and slash military budgets.

War-fueled oil profits deepen what critics call an obscene transfer of wealth

As TotalEnergies and BP post surging profits tied to oil price shocks from the U.S.-Israeli war on Iran, critics warn that fossil fuel giants are once again converting geopolitical crisis into shareholder windfalls while households absorb the economic pain.

What makes the MAGA misrule tragedy historic? Total foregone conclusion. Total knowability and avoidability. 

Paying the corrupt MAGA piper is now a lead “investment” – with outcomes as predictable (and problematic) as all that voters repressed when empowering the Trump II horror show.