Thursday, September 23, 2021

Tag: rich

The millionaires surtax in House Tax Committee proposal

While the millionaires surtax does not address the colossal inequalities of wealth, it focuses on taxing income that largely flows from wealth.

House bill would blow up the massive IRAs of the superwealthy

If the bill passes, Roth accounts would be capped at $20 million for high-income individuals.

The real socialism in America isn’t what you think

It’s more socialism for the rich, harsh capitalism for the rest.

Jeff ‘Space Cowboy’ Bezos

Space flights used to achieve scientific purpose. Now they're a rich man's carnival ride.

America’s billionaires: Borrowing their way to ever more fabulous fortunes

Their current combined fortune: $4.7 trillion, up $1.8 trillion since the pandemic began.

Democratic senators call for investigation of tax avoidance by the ultrawealthy

Sens. Elizabeth Warren and Sheldon Whitehouse demanded an investigation into how the rich use “legal tax loopholes to avoid paying their fair share of income taxes.”

Can we conquer our grand dynastic family fortunes?

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

A global tax deal for the rich, not the poor

Despite the recent G7 agreement on corporate taxation, global leadership requires going beyond national interests to ensure that all countries have sufficient resources to develop healthier post-pandemic economies.

Living ever larger in the lap of luxury

Today’s fabulously rich can easily guarantee themselves a tumbril-free future.

FDR must be smiling

Biden’s plan to create jobs and tax the rich is a good deal bolder than it looks at first glance.

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How an ancient irrigation method makes sustainable life possible in the U.S. Southwest

Time-proven acequia irrigation systems already in use in New Mexico make it possible for people to thrive in arid regions.

China – Cultural revolution 2.0 and great leap backward?

Young people in China and America face similar problems. Both countries need a profound revolution but it must be real and ground up, not a populist sham from those in power.

Babies poop has ten times more microplastics than in adults, study finds

“Unfortunately, with the modern lifestyle, babies are exposed to so many different things for which we don't know what kind of effect they can have later in their life.”

WHO updates Air Quality Guidelines

The WHO determined that air pollution inflicts on human health at even lower concentrations than previously understood.

Eugenics rears its unsavory head: Vaccine schism saves the intelligent & sacrifices the backward

Right-wing vaccine resistance could remove thousands of Trump voters in critical red states.