Wednesday, April 24, 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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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.

How Summer Lee’s landslide victory defies billionaire influence in politics

In a resounding rejection of billionaire-funded opposition, U.S. Rep. Summer Lee secures a primary win, highlighting a growing resistance against corporate and dark money in American politics.

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.