Tag: wealth inequality
World’s 500 richest people added $852 billion to their wealth in...
"They can afford to pay their fair share in taxes."
The boldest step to close the racial wealth divide in generations
Connecticut’s Baby Bond program, which launches in July, and similar proposals across the country show that we may finally be willing to take the next step.
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.