Tag: income inequality
Archaeology can now tell us how people have muffled and challenged...
Without archaeology, there is no way to truly examine economic inequality, its causes, and its consequences over very long time spans on a global scale.
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.
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Trump is running for a third term. SCOTUS will let him. Democrats have to...
How far the Democrats ultimately go in providing justice and accountability depends entirely on how much the American people push them.
Utah’s 1,300-bed homelessness “accountability center” tests Trump-era crackdown
Planned for 16 acres on the edge of Salt Lake City, Utah’s new homelessness campus would combine mass shelter, court-ordered treatment, and “work-conditioned housing.” Supporters call it a model of reform, while advocates warn it mirrors forced labor and internment.
10,000 Palestinians buried beneath Gaza’s rubble as families dig by hand
With more than 10,000 bodies still trapped under the ruins of Gaza, families search with shovels and bare hands while aid agencies warn that recovery could take years amid explosives, disease, and ongoing destruction.
As Americans live paycheck to paycheck, Tesla shareholders approve Musk’s $1 trillion package
As the nation endures record inequality and a prolonged government shutdown, Tesla shareholders have granted CEO Elon Musk a pay deal that could make him the world’s first trillionaire, prompting fierce backlash from lawmakers, labor unions, and progressive groups.
Trump fights court order to fully fund SNAP for 42 million Americans
A federal judge ordered the administration to fully fund November SNAP benefits for 42 million people as the Justice Department appealed, while analysis shows the partial-payment plan would cut average aid by 61 percent and leave millions with nothing.