Tag: rich
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.
The 2024 election is about the rich stealing from the public
A fight over extending provisions of Trump’s tax cuts is at stake in November’s election. Ultimately, the race is about money.
Do high taxes on our rich make any sense?
We need to do more than tax high incomes. We need to limit them.
Unmasking the shadows: The fight to end billionaire tax breaks for...
A groundbreaking legislative effort aims to seal a critical loophole in the tax code, curbing the unchecked flow of billionaire-funded dark money into American politics.
Sanders’ bill targets sky-high CEO pay: A push for economic equity
The legislation, titled the Tax Excessive CEO Pay Act, targets corporations with stark discrepancies in compensation between CEOs and their workers.
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.
Wealth over fairness: Shocking report unveils tax favoritism for the rich...
According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups.
Jeff Bezos’ housing hypocrisy: Millions to fight homelessness, more to fuel...
While Jeff Bezos donates to fight homelessness, his investment in single-family homes raises alarms about exacerbating the housing crisis.
Billionaire Heirs: The accelerating $5.2 trillion wealth transfer
Without robust wealth and inheritance taxes the children and grandchildren of today's billionaires will dominate our future politics, economy, culture, and philanthropy."
Our richest can move to avoid taxes. But can they hide?
Washington is contemplating a state wealth tax, a levy that would cost Jeff Bezos.
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Climate change costs to hit $38 trillion annually by 2050
New study reveals stark economic disparities as global warming intensifies, disproportionately affecting the world's poorest nations.
Children among hundreds found in new mass grave at Gaza hospital
A horrifying discovery in Khan Younis raises alarms about the profound toll of ongoing hostilities on the most vulnerable.
Senator Sanders proposes major cuts to Israeli military aid amid human rights concerns
Amid accusations of genocide and widespread human rights abuses, Senator Bernie Sanders champions amendments to halt offensive military funding to Israel, sparking a critical Senate debate.
Historic Gaza protests at Columbia U. enter day 6; campus protests spread across country
Solidarity protests and encampments have now sprouted up on campuses across the country, including at Yale, MIT, Tufts, NYU, The New School and University of North Carolina at Chapel Hill.
Senators unveil landmark bill to ban junk food ads aimed at kids amid rising...
Senators Bernie Sanders, Cory Booker, and Peter Welch propose the Childhood Diabetes Reduction Act, targeting junk food advertisements to combat the escalating diabetes and obesity epidemic among children.