Sunday, February 16, 2025

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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Musk’s double standard: SpaceX wins government contract while public services face deep cuts

A $38.85 million contract awarded to Elon Musk’s SpaceX sparks outrage as his government office slashes funding for health care, education, and social programs.

How to bump, lump, crumple, and eventually dump Donald Trump

Better we concentrate on growing the grit and smarts to fight back from the hedgerows to the dark net.

McMahon confirmation exposes Trump’s plan to dismantle public education

Educators, unions, and civil rights advocates warn that the Trump administration’s agenda would devastate public schools, privatize education, and gut federal oversight.

NOAA imposes restrictions on scientists, raising concerns over global forecasting

Current and former high-level scientists with the federal agency said the new rules have created unease and caused alarm with partners at European agencies.

GOP’s $4.5 trillion tax giveaway: Slashing Medicaid and food stamps to fund the wealthy

House Republicans propose massive tax cuts for billionaires while gutting Medicaid, food assistance, and student loan programs, sparking outrage from lawmakers and advocacy groups.