Wednesday, June 11, 2025

Tag: income inequality

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.

United Nations expert castigates Amazon, Walmart, DoorDash over ‘disgraceful’ labor practices

UN rapporteur challenges corporate giants on poverty wages and labor violations.

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."

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Republicans can’t see the forest for the trees. Trump blocks their vision of the...

Yes, sometimes you can’t see the forest because of the trees. Republicans are so afraid of Trump that they have him on their minds all the time. Let’s call Trump the Trees.

Khanna unveils $12 trillion progressive plan to cut deficit and invest in working families

As Republicans push tax cuts for the wealthy, Rep. Ro Khanna releases a sweeping economic blueprint that targets Pentagon waste, corporate fraud, and billionaire loopholes to fund national priorities.

Trump threatens ‘heavy force’ against peaceful protesters as military parade marks birthday spectacle

As Trump prepares to mark his 79th birthday with a massive military display in Washington, his warnings against “any” protesters draw widespread alarm from rights groups and legal experts.

Timely lessons for keeping people safe in the streets 

As Trump looks to increase repression, a new training guide explains how peacekeepers reduce fear and build solidarity.

How the rich get richer: Evade taxation, grease trillion-dollar tax breaks, jack interest rates,...

In class and status-conscious, materialistic America (was it ever otherwise?), scoring net worth is easier than figuring out messy election results.