Tuesday, May 11, 2021

Tag: income inequality

Bill, Melinda, and the burden of grand fortune

All relationships, not just romantic couplings, tend to be twisted by wealth.

American billionaires’ net worth up $931 billion since start of COVID-19...

The total collective wealth of American billionaires is "nearly double the $2.1 trillion in total wealth held by the bottom half of the population, or 165 million Americans."

2021: Half of America facing poverty

For the great majority of Americans without a share of the stock market, and for those who can't work from home, the pandemic is adding the prospect of a financial collapse to all their other concerns.

The income inequality crisis: Why we need a wealth tax

Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.

How Trump’s war on regulation is trickle-down economics

Trump’s attack on regulation is just another form of trickle-down economics – where the gains go the top, and the risks and losses trickle down.

A sick new game from the executive suite

The corporate push to replace real pay with cheap “psychic income" is on the rise.

America’s richest 2% made more money in 2017 than the cost...

The richest 2-5%, those Americans with an average net worth of about $2.5 million, accumulated enough wealth in 2017 to pay for the safety net FOUR TIMES.

Yes, deniers, millions of Americans are among the poorest people in...

Why is it so hard for people with wealth and power to admit all this?

No, big corporations shouldn’t get tax breaks to create jobs

The breaks seldom pay for themselves — and put employees of local businesses out of work.

STUDY: US lawmakers are looting America

The new tax overhaul, passed by the Senate yesterday, will only exacerbate the problem.

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Alabama police officer convicted of murdering suicidal man

“An innocent man was murdered. He called for help, and he got Ben Darby.”

Wildfires are contaminating drinking water systems, and it’s more widespread than people realize

Drinking water should be assumed to be chemically unsafe until proven otherwise.

Government defends praising tar sands industry figures as COP26 ‘climate champions’

Five of the individuals praised at COP26 event hold senior roles at fossil fuel companies and investors, including the Royal Bank of Canada and Suncor.

The real problem with Bill Gates and neoliberal optimism

The progressive left needs to confront the fact that plutocratic philanthropists like Gates care much more about preserving the systems that continue to multiply their wealth.

Pay a living wage or ‘flip your own damn burgers’: Progressives blast right-wing narrative...

"We do not have a shortage of willing workers in this country. We have a shortage of employers who are willing to pay workers enough to live."