Tag: wealth inequality
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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73% of Israelis want the Gaza genocide to end. Netanyahu says, ‘NO, full speed...
Israel did not enter this Land of Palestine to work with the Palestinians to create a two-state solution, as they were expected to do, but rather, they waged war to take over the entire country and its people.
Controversial ‘nonprofit killer’ clause quietly removed from GOP megabill—but advocates warn it could return
A sweeping provision to strip nonprofits of tax-exempt status without due process is no longer in the latest House GOP budget bill, but civil liberties groups say the threat to free speech and advocacy is far from over.
2 million in Gaza face starvation as global call mounts for diplomatic aid convoy...
With famine intensifying under a full Israeli aid blockade, over 750 civil society groups call for governments to escort life-saving supplies into Gaza through Rafah in a diplomatic humanitarian mission.
GOP budget plan threatens 34 million children with loss of food and healthcare
New report reveals nearly half of U.S. children could lose access to Medicaid or SNAP under Republican-backed budget reconciliation plan, disproportionately harming marginalized families.
House Republicans advance massive budget bill with Medicaid cuts and tax breaks after secret...
GOP lawmakers pushed a sweeping bill forward in a rare Sunday vote after cutting a backroom deal with far-right Republicans to fast-track deeper Medicaid cuts and slash food aid—while offering permanent tax cuts for the wealthy and corporations.