Thursday, February 6, 2025

Tag: income inequality

Sanders calls for Biden to ‘do better’ amidst growing calls for...

Senator Bernie Sanders urges President Joe Biden to present a stronger agenda amidst rising calls for new leadership within the Democratic Party.

Should billionaires exist?

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

New report reveals millionaires’ tax rates slashed by half since 1950s,...

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

Some new hope for a check on CEO compensation

A Delaware state court ruling has shaken up the pay world for corporate executives.

The rent crisis: Half of US renters face unprecedented housing affordability...

The study reveals a staggering 50 percent of U.S. renters were dedicating more than 30 percent of their income to cover rent and utilities.

Billionaires urge world leaders for higher wealth taxes at Davos Summit

Millionaires and billionaires, often seen as beneficiaries of global economic policies, are advocating for higher taxes on their wealth.

Billionaires’ wealth skyrockets by 114% amid global poverty surge

This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.

Minimum wage rises across 22 states ushering in new era for...

The impact of these wage hikes will be closely watched as the nation grapples with economic challenges and seeks to balance the needs of workers and businesses.

Escalating crisis: A deep dive into America’s surging homelessness rates

Homelessness is a nationwide issue, but its impact varies significantly across states.

Amazon’s Black Friday fiasco: over 1000 workers rebel in historic pay...

As Black Friday sales surged, Amazon faced an unprecedented labor revolt. Over a thousand workers across the globe downed tools in a landmark strike, challenging the retail giant on wages and working conditions in a historic show of worker solidarity.

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White House announces 53rd state!

"Mr. President, are there any plans for a 53rd state now that stars for Canada and Gaza have been officially added to the flag?"

Renaming The Gulf of Mexico isn’t a laughing matter but part of a US...

It reflects a disregard for historical truth, an aggressive assertion of U.S. superiority, and the continuation of exploitative colonialist practices that harm both the environment and Latin American people.

Trump administration orders USDA and Forest Service to remove climate change references, suppressing critical...

The systematic erasure of climate change information from government websites threatens scientific transparency, public safety, and environmental policy.

Google abandons AI ethics pledge as Trump pushes for military AI expansion

“Is this as terrifying as it sounds?”

Tesla paid zero federal income tax in 2024 while GOP pushes more corporate tax...

Musk’s trillion-dollar company paid nothing in federal taxes while working Americans foot the bill.