Monday, May 12, 2025

Tag: billionaires

‘Grotesque spectacle’: CEO pay skyrockets 50% as worker wages stagnate

Oxfam analysis reveals global CEOs now earn 56 times more than average workers as corporate profits surge and economic inequality deepens on International Workers’ Day.

Heard about buy-borrow-die? Meet buy-hold for decades-sell

We don’t need to just close the buy-borrow-die loophole. We desperately need to shut the buy-hold for decades-sell loophole just as firmly.

Billionaire wealth hits $10 trillion as Sanders warns of oligarchic rule

As the world’s wealthiest accumulate unprecedented riches, concerns mount over the impact of wealth inequality on democracy and society.

The Oligarchic Dozen: Top 12 US billionaires amass $2 trillion in...

The wealth of America’s richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

Billionaires are not going to save us

It’s time to see that projects of survival and solidarity among those struggling the most are our only true hope for a future that will otherwise be ever more perilous.

New era of inequality: Billionaires pay less in taxes than the...

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

Should billionaires exist?

If capitalism were working properly, billionaires would have gone the way of the dodo.

Billionaire Heirs: The accelerating $5.2 trillion wealth transfer

Without robust wealth and inheritance taxes the children and grandchildren of today's billionaires will dominate our future politics, economy, culture, and philanthropy."

Sick of outrageously excessive CEO compensation?

America’s top health care execs would rather we not.

The end of the line for the raunchy billionaire who set...

But who set the stage for that billionaire?

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Seven dead in ICE custody in Trump’s first 100 days as detainee population swells

At least seven migrants have died in ICE custody since January, as the Trump administration expands detention and dismantles oversight across a system plagued by abuse, neglect, and inhumane conditions.

The real evil empire may surprise you

Serving in (or thinking about) the U.S. military for 40 years.

Texas voters reject far right school boards in sweeping backlash to book bans

Dozens of candidates who backed book censorship policies lost their seats in school board elections across Texas, signaling public fatigue with partisan attacks on students, educators, and libraries.

One in ten Americans lives in a sinking city, new study finds

Groundbreaking research from Columbia University reveals that land beneath America’s largest cities is sinking—mostly due to groundwater extraction—posing a hidden but growing threat to infrastructure, flood safety, and climate resilience.

GOP advances sweeping plan to fast-track drilling, mining, and logging on public lands

A new Republican bill would open millions of acres of protected land to fossil fuel and timber companies while gutting environmental review processes, in a bid to help fund massive tax cuts.