Tag: income inequality
GOP Medicaid cuts would drop millions from coverage while boosting tax...
New Republican plan could strip 8.6 million Americans of healthcare while permanently enriching the ultra-wealthy through revived 2017 tax breaks.
‘Grotesque spectacle’: CEO pay skyrockets 50% as worker wages stagnate
Oxfam analysis reveals global CEOs now earn 56 times more than average workers as corporate profits surge and economic inequality deepens on International Workers’ Day.
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.
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CBS invited a war criminal to their dinner party
This is just one example of mainstream media not only refusing to ask questions of war criminals, but blatantly befriending them.
Growth of AI data centers delays transition to cleaner grid
There is a dramatic slowdown in the previously accelerating pace of coal plant retirements because utility companies are responding to a rise in electricity demand from data centers and other sources.
House GOP cancels endangered species vote amid backlash while advancing food aid cuts
A planned Earth Day rollback of wildlife protections collapsed under public pressure and internal divisions as Republicans continued pursuing cuts to nutrition programs alongside rising war spending.
Trump invokes wartime powers to expand fossil fuel production amid rising energy costs
Defense Production Act orders authorize federal support for oil, coal, liquefied natural gas, and grid infrastructure as industry profits increase during Iran conflict.
The dark side of ecotourism: When green travel exploits people and the planet
As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.