Friday, June 26, 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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Bipartisan bill introduced in House to ban use of pesticide paraquat in US agriculture

The bill would "direct the Environmental Protection Agency to cancel all existing paraquat registrations, revoke any tolerances permitting paraquat residue in food, and ban the sale and use of existing stocks upon enactment."

Losing face, losing the base, losing the midterm race—a tidal trifecta 

Though daring MAGA lies seem tidal,/ Denying outcomes suicidal.

Why Biden’s debate disaster two years ago matters for the future

Looking ahead, a great need will be to overcome the ongoing culture of conformity that so badly damaged the Democratic Party in 2024 and helped Trump get back into the White House.

Anti-ICE protesters sentenced to decades as Trump turns ‘antifa’ label into prosecution tool

The Prairieland case transformed a July 4 protest outside a Texas immigration jail into a terrorism prosecution, with sentences from 30 to 100 years and warnings of a new federal playbook against left-wing dissent.

Alaska governor vetoes single-use polystyrene foam foodware ban

For now, polystyrene products will remain legal for use by commercial food vendors statewide.