Tuesday, September 15, 2026

Tag: wealth distribution

Sanders proposes 50% public stake in leading AI companies

New legislation would create a sovereign wealth fund funded through equity transfers from major artificial intelligence firms, aiming to distribute AI-generated wealth beyond Silicon Valley investors.

$8.5 trillion untaxed: The urgent call for a billionaire income tax

Recent analysis reveals that America's wealthiest hold $8.5 trillion in untaxed assets, spotlighting the critical need for tax reform to address growing wealth inequality.

New stats, old story: Our rich are raking

From Swiss bank researchers, an alarming update on our global maldistribution of wealth

From the 80s to today, the top 1 percent gain trillions,...

"Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion."

Spreading wealth to maintain consumption

What will happen if robots, AI, and automation displace a huge percentage of workers. How will there be enough consumers to buy all the goods and services produced if there is a big drop in earnings?

To Stop Climate Change, Don’t Just Cut Carbon. Redistribute Wealth.

Climate disruption is inextricably linked to economic inequality. Serious climate solutions must be, too.

A Middle-Class Tax Revolt? You Bet!!!

Welfare in the U.S. flows vertically in two directions from a single source—the middle-class. The redistribution of wealth that flows up to the rich is far greater and more concentrated than the wealth that flows down to the poor. This is a major problem.

The ‘iEverything’ and the Redistributional Imperative

The newest business model using new technologies isn't just labor-replacing, it's knowledge-replacing. As the ratio of producers to customers continues to plummet, the profits go to an ever-smaller circle of executives and owner-investors.

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El Capitolio in Havana. Photo: Nigel Pacquette / CC BY-SA 3.0, via Wikimedia Commons

Forty-five groups urge House vote on Cuba war powers resolution

The coalition cites a 148 percent rise in Cuba's infant mortality rate since 2018 and a Senate companion measure that failed by four votes in April.
FEMA community relations workers at a disaster recovery center. Photo: George Armstrong, public domain via Wikimedia Commons

Federal judge rules Trump plan to halve FEMA workforce unlawful

The ruling covers the reservists who deploy after hurricanes and floods, with a decision on remedies due next month as hurricane season continues.
Donald Trump Jr. speaking at a conference. Photo: Gage Skidmore / CC BY-SA 4.0, via Wikimedia Commons

Donald Trump Jr.’s Bahamas Wedding Was Secretly Bankrolled by Russian Oligarch Close to Putin

The oligarch, Umar Kremlev, spent hundreds of thousands on expenses like renting out a private island. He appears to have met Trump Jr. only recently, but he attended the intimate wedding with a large group of other Russian guests.
A petroleum pipeline right-of-way. Photo: Analogue Kid / CC BY-SA 3.0, via Wikimedia Commons

Energy Transfer seeks to overturn Pennsylvania clean water law after jet fuel spill

The 89-year-old law's mens rea challenge could also unravel other state statutes, from traffic offenses to hunting rules, if the company's argument succeeds.
Demonstrators call for freedom in Iran at a solidarity rally. Photo: alisdare1 / CC BY-SA 2.0, via Wikimedia Commons

Iran: Ongoing Unlawful Execution Campaign Against Protesters

At least 60 more protesters face imminent execution, Human Rights Watch says, after summary trials relying on torture-tainted confessions.