Friday, September 25, 2026

Tag: wealth inequality

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.

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.

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The Charles R. Huntley Generating Station in Tonawanda, New York. Photo: Andre Carrotflower / CC BY-SA 4.0

EPA finalizes repeal of power plant carbon standards as environmental groups sue

The sector accounts for nearly one-quarter of U.S. greenhouse gas emissions, and the agency separately proposed ending its authority to regulate them.
The Lyndon Baines Johnson Department of Education Building in Washington, D.C. Photo: Farragutful / CC BY-SA 4.0, via Wikimedia Commons

Democratic attorneys general say Education Department is hiding 1,300 documents on its layoffs

A privilege log lists nearly 1,300 records the agency says are too sensitive to hand over.
The lobby of the Palmer House Hilton in Chicago. Photo: Daderot (public domain)

7,000 Chicago hotel workers vote to authorize strike

A union survey found a third of members cannot cover rent or mortgage payments, and the last hotel strike in the city, in 2018, lasted about a month.
A patient exam room at a U.S. urgent care clinic. Photo: Harrison Keely / CC BY 4.0, via Wikimedia Commons

Vance-led task force moves to strip 760,000 people of ACA coverage

Advocates say the crackdown follows 8 million coverage losses already tied to Trump-era health cuts.
Demonstrators protest ICE conduct in Minneapolis. Photo: Fibonacci Blue / CC BY 4.0, via Wikimedia Commons

Federal judge blocks deportation of man shot by ICE during Austin delivery run

DHS and the man's attorney give conflicting accounts of the medical care he has received since.