Tag: super rich

The very richest Americans seem far removed from the notion of shared prosperity that could have made us a nation to be envied.

As the Pandora Papers exposed, for the last 30 years, multimillionaires and billionaires have parked their wealth in the state of South Dakota to avoid taxation and secure dynastic wealth for generations.

They just may be the super rich who’ve bought mega-million condos in midtown Manhattan’s now infamous needle towers.

Not likely. Our super rich need the fog they create.

As this new Biden administration will reveal, just like with Obama before him, little will be done to counteract the super rich who run this empire.

“The increases in billionaire wealth continue to defy gravity in the real economy where millions have lost their jobs, health, and livelihoods.”

There are at least three good reasons why wealthy Americans should be doing a LOT MORE to give something back to the nation that made them rich.

The voice of the people needs to be heard. Not through violence but consistent demand en mass.

European social scientists see poverty as “social exclusion,” the incapacity to lead the life that most of society considers minimally decent.

It’s true that judges, particularly those appointed by politicians backed by the wealthy, might put barriers in the way of a wealth tax