Friday, July 11, 2025

Tag: wealth inequality

Global elite gain $33.9 trillion as poverty fight collapses, Oxfam warns...

A decade after world leaders pledged to end inequality and poverty, the richest 1 percent have captured explosive wealth while development goals fall dangerously off track.

Khanna unveils $12 trillion progressive plan to cut deficit and invest...

As Republicans push tax cuts for the wealthy, Rep. Ro Khanna releases a sweeping economic blueprint that targets Pentagon waste, corporate fraud, and billionaire loopholes to fund national priorities.

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.

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A new far-right American party?

Elon Musk has disrupted Silicon Valley, the electric car industry, and the U.S. government. What is his next target: democracy?

Melting glaciers could lead to more frequent and explosive volcanic eruptions: Study

The process—already seen in Iceland—makes volcanic eruptions more frequent and powerful, according to new research conducted in the Chilean Andes.

The Texas flash flood is a preview of the chaos to come

Climate change is making disasters more common, more deadly and far more costly, even as the federal government is running away from the policies that might begin to protect the nation.

Israeli minister proposes forced confinement of all Palestinians in Gaza amid global war crime...

Defense Minister Israel Katz unveils plan to imprison entire Gazan population in a guarded camp as human rights groups warn of ethnic cleansing.

First, a massive Medicaid attack, then come the midterms, then Republican annihilation

Is this country under attack by an authoritarian enemy?