Thursday, May 1, 2025

Tag: wealth inequality

Trump may be blowing the economy up on purpose

Working-class Americans should view a purposefully engineered recession as blatant aggression by the ownership class.

Patriotic Millionaires challenge oligarch power with sweeping economic plan

As economic inequality worsens and public frustration grows, a coalition of wealthy Americans offers a radical legislative blueprint to dismantle the grip of the ultra-rich on democracy.

The Oligarchic Dozen: Top 12 US billionaires amass $2 trillion in...

The wealth of America’s richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

Billionaire wealth surges by $276 billion post-Trump election as GOP pushes...

U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.

Kamala Harris signals support for billionaires tax amid growing wealth inequality

This endorsement marks a crucial step in addressing the widening wealth gap in the country, particularly as billionaires continue to amass vast fortunes while millions of Americans struggle financially.

Undocumented immigrants pay higher tax rates than top 1% in most...

New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.

Global inequality surges as top 1% capture $42 trillion in new...

As the wealthiest 1 percent amass unprecedented riches, inequality deepens, posing a dire threat to democracy and the planet, urging a reevaluation of global tax policies.

New era of inequality: Billionaires pay less in taxes than the...

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

Can Brazil convince the world to tax billionaire wealth?

The ambitious goal: To shove the case for taxing the wealth of our world’s wealthiest onto the world’s political stage.

The next big billionaire thing: Hunting humans?

Can we actually start taxing the rich again?

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Medicare for All returns to Congress as GOP pushes Medicaid cuts and corporate tax...

As Sanders and progressives reintroduce Medicare for All with growing support, Republican lawmakers propose historic Medicaid cuts to fund tax breaks for the wealthy.

Amazon walks back tariff transparency plan after Trump calls Bezos

After reports surfaced that Amazon might show consumers how much tariffs contribute to product prices, Trump intervened personally—and the plan was scrapped within hours.

Workers in 600 cities to mobilize against ‘billionaire takeover’ in massive May Day protests

Nationwide demonstrations set to challenge Trump administration’s pro-wealth policies, mass arrests, and immigrant crackdowns as unions and grassroots groups unite across all 50 states.

The Vietnam and Gaza wars shattered young illusions about US leaders

Six decades later, it took much less time for young Americans to turn decisively against their government’s key role of arming Israel’s war on Gaza.

What’s preventing a united front against the Trump regime?

"The predatory, extreme, and dictatorial actions of the Trump administration call for an all-out commensurate response, which so far has been terribly lacking from the Democratic Party.”