Tuesday, April 16, 2024

Tag: wealth inequality

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."

What’s being compromised?

It’s not the priorities of the wealthy, that’s for sure.

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.

The hypocrisy of the federal spending debate

We must not let our lawmakers get away with this charade of fiscal responsibility to defeat Build Back Better.

The real reason the economy might collapse

Closing our staggering wealth gap is crucial to the survival of both our economy and our democracy.

POPULAR

Donald Trump faces groundbreaking criminal trial as first former U.S. President in the dock

With jury selection underway, the world watches as this unprecedented trial unfolds, potentially reshaping America's political landscape.

An urgent plea to leftists in the 6 battleground states likely to decide the...

If we want to remain a country where we still have the ability to agitate for justice and equality, then it’s incumbent on us to vote with that in mind.

Global uprising: Protests erupt worldwide against economic support for Gaza conflict

The wave of protests swept major cities across the globe, with significant disruptions reported on the Brooklyn Bridge in New York City, downtown Los Angeles, and key transport routes in the San Francisco Bay Area.

Will the center hold as elections descend to a war between gut grievances vs....

While Trumpian individualism now equates with rank criminality, social activism fosters greater collective prosperity, opportunities and growth for all.

Averting Crisis: Global Calls for Restraint as Tensions Escalate Between Israel and Iran

Amidst calls for peace, a night of retaliation heightens fears of an all-out war.