Friday, January 27, 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.

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What can the United States bring to the peace table for Ukraine?

The United States bears its share of responsibility for this crisis that is destroying Ukraine and placing the world in "unprecedented danger," as the Bulletin of the Atomic Scientists' new Doomsday Clock statement calls it.

US follows Germany’s lead to send battle tanks to Ukraine

The U.S. agreed to send 31 tanks, and Germany agreed to 14.
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The one thing that would make elections better for everyone 

Ranked choice voting makes elections less painful, less expensive, and can help make our government more inclusive and responsive to what people actually want.

Why union workers are a first line of defense to protect Social Security

Is the Republican plan to move the goalposts on those already paying into Social Security going to force younger Americans to work themselves into the grave?

Today’s jaw-dropping quandary: High awareness yet low clout to fix badly-broken systems

The more that reason serves as bedrock,/ The more we’re vexed by lethal gridlock.