Friday, September 20, 2024

Tag: millionaires

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.

New Massachusetts ‘Tax the Rich’ law raises $1.5 billion for public...

The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.

Why does WaPo see Black as an ‘identity’—but not multi-millionaire?

It’s a shame to see that even there, the voices of the wealthy few can be so unthinkingly substituted for those of the struggling multitude.

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JD Vance hints at Elon Musk’s role in targeting Social Security under Trump’s ‘efficiency’...

Republican vice-presidential nominee J.D. Vance reveals Elon Musk could lead a commission to cut federal spending, with Social Security and the Department of Defense as potential targets. The billionaire’s past decision-making raises concerns about the future of essential programs.

Upstream electrification: A game changer for cutting oil and gas emissions by 80%

Electrifying oil and gas production facilities with renewable energy could reduce emissions by over 80%, offering a path toward climate goals and industry sustainability. But logistical and economic hurdles remain.

Chicago teachers want to transform their city into a ‘system of care’—will Dems go...

Headbutting and friction continue in the battle of big ideas vs. entrenched leadership.
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10 worst things about the Trump presidency

We cannot afford to forget just how terrible Trump’s time in the White House was for this nation.

Norway reaches historic milestone as electric vehicles outnumber petrol cars for the first time

Norway’s rapid transition to electric vehicles, a global first, shows the impact of policy incentives and ambitious climate goals, setting the pace for the rest of the world.