Friday, July 26, 2024

Tag: wealth distribution

$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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Uncertainty looms over Trump’s assassination attempt: FBI questions details

FBI Director Christopher Wray’s testimony reveals doubts about whether Donald Trump was hit by a bullet or shrapnel during an assassination attempt, raising questions about the investigation’s progress and transparency.

Vance’s popularity crisis: Can the RNC afford to keep him on the ticket?

Polling reveals deep unpopularity for GOP vice presidential nominee J.D. Vance, raising questions about the Republican Party’s strategy and the potential consequences for the 2024 election.

American healthcare workers demand Biden and Harris end support for Israeli assault on Gaza

As President Joe Biden and Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu, American healthcare workers who volunteered in Gaza urge U.S. leaders to end Israel’s assault, citing the atrocities witnessed firsthand.

Public opposition to Project 2025 surges as Trump distances himself

Awareness and disapproval of Project 2025 increase significantly despite Trump’s attempts to disassociate from the controversial conservative policy agenda.

730 million people faced hunger last year: A global crisis demanding urgent action

The latest UN report reveals alarming levels of hunger and malnutrition, highlighting the need for urgent political and financial commitments to address food insecurity worldwide.