Tag: wealth inequality
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.
Richest 1% took 38% of new global wealth since 1995. The...
"If there is one lesson to be learnt from the global investigation, it is that inequality is always a political choice."
Punishing the exploited: An exploration of the growing wealth gap
We must find momentum through our discontent, and be “outraged enough to become even more politically active.”
A project for survival in these United States
What this country might look like if its politics were so much less top-down and so much more bottom-up.
How wealth inequality spiraled out of control
We must stop this vicious cycle — and demand an economy that works for the many, not one that concentrates more and more wealth in the hands of a privileged few.
US billionaires are now $2.1 trillion richer than before the pandemic
Not only did the wealth of U.S. billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts. Today there are 745.