Thursday, June 1, 2023

Tag: wealth inequality

The quality (or inequality) of life

Poverty in history’s richest nation.

What threatens Florida more, hurricanes or the rich?

Florida’s state government doesn’t call the shots. Florida’s rich do, and the continuing immensity of their after-tax incomes has turned out to matter far more to state policy than the well-being of Floridian families of modest means.

No more sacrifices

We have become all too used to the notion that success only comes with sacrifice, even if this is anything but the truth for the wealthiest and most powerful Americans.

59 percent in US living paycheck to paycheck as corporate profits...

"A large share of consumers are essentially living on the razor's edge."

‘Tax the Rich,’ say millionaire activists protesting at Davos amid record...

"Any millionaire who has sense enough to see that our current economic model is failing will support these protests."

Analysis shows top US CEOs made 254 times more than median...

A higher minimum wage and unions can put corporate greed in check and raise wages throughout the labor market."

The rise of the centibillionaires!

If you think wealth and power are too concentrated in the hands of a privileged few now, just imagine what a few more years of trickle-down nonsense will bring.

Can monthly cash payments make our economy more equitable?

Two guaranteed income projects in New York City and Atlanta are showing how modest monthly cash payments to low-income women of color can make a huge difference in alleviating race and gender-based economic inequities.

Tax-dodging billionaire dynasties could cost US $8.4 trillion

Over the next few decades, the richest American families could avoid paying about $8.4 trillion in taxes, or more than four times...

When you’re a billionaire, your hobbies can slash your tax bill

Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of the ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time.

POPULAR

When will US join global call to end Ukraine War?

There are many peace initiatives to end the war in Ukraine being pursued by leaders and countries around the world as the United States clings to its dogged determination to prolong the war at great cost in Ukrainian lives and at the risk of nuclear war.

The wars we don’t (care to) see

It couldn’t be more important to make America’s disastrous wars of this century more visible.

A global plastics treaty can end the Age of Plastic

This indigenous worldview can lead treaty negotiations, creating systems that are less demanding of our planet and value nature over profit.

If pushing pardons for savage Jan. 6 seditionists isn’t unpardonable, what is?

Abusive pardons of the most serious crimes represent the great terrorist threat to self-government.

Climate activists decry pipeline ‘deal with the devil’ at protest outside Schumer’s home

"It's time to stop building fossil fuel infrastructure and that means no more pipelines. Chuck, stop appeasing Manchin!"