Wednesday, December 7, 2022

Tag: income inequality

Richest 1% took 38% of new global wealth since 1995. The...

"If there is one lesson to be learnt from the global investigation, it is that inequality is always a political choice."

Can we conquer our grand dynastic family fortunes?

We most certainly can. We have history on our side.

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?

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Ultimate rightwing transgression: the mockery of politics as a preposterous joke 

The Big Lie is "yoked to an older deception, without which it could not survive: the idea that American politics is a joke," attackable without consequences.

Tax the rich? We did that once

A little history might just inspire us to try that taxing again.

Does Elon Musk have a right to destroy Twitter?

Do we really think that the super-wealthy should be allowed to control so much wealth and wield so much influence?

Right-wing SCOTUS majority signals support for anti-LGBTQ+ reactionaries

"It does not bode well for the future of civil rights law that Gorsuch believes a state imposes 'reeducation training' on employers when it reminds them how to comply with nondiscrimination rules," said one court observer.

Puerto Rican cities sue fossil fuel companies in major class-action, climate fraud case

Municipalities aim to hold industry liable for damages from catastrophic 2017 hurricanes.