Tuesday, May 7, 2024

Tag: wealth inequality

A third of U.S. billionaire wealth gains since 1990 have come...

U.S. billionaire pandemic profit balloons to $4.56 trillion, a 55 percent increase.

Tax evasion and the 1%

“The richest 1% of U.S. households don’t report 21% of their income.”

Sanders bill would hike taxes on big corporations that pay CEOs...

"We need to take dramatic steps to address wealth inequality in this country and discouraging massive executive payouts is a good place to start."

2021 update: Half of America in or near poverty

The facts and numbers from numerous sources reflect the reality of deprivation in America, and help to confirm what has been called the "sharpest rise in the U.S. poverty rate since the 1960s."

Whose rights matter in pandemic America?

Not those of poor Americans, that’s for sure...

The year of cheating the poor

The poorest among us are being cheated. They're being cheated out of the opportunity to share in the great prosperity to which they and their parents and grandparents all contributed.

Slave-built infrastructure still creates wealth in US, suggesting reparations should cover...

Recognizing that enslaved men, women and children built many of the cities, rail lines and ports that fuel the American economy is a necessary part of any such accounting.

‘Unseemly’ $1.1 trillion billionaire wealth gain during pandemic could fully fund...

"This is why we need the fair-share taxes program Joe Biden ran on, won on, and is now ready to pursue."

To working stiff Trump supporters

Perhaps we need some of that now. That is not insurrection or revolution. Let us call it EVOLUTION.

‘Abolish billionaires’: Oxfam report shows combined pandemic wealth of richest 10...

“Rigged economies are funnelling wealth to a rich elite who are riding out the pandemic in luxury, while those on the frontline of the pandemic... are struggling to pay the bills and put food on the table.”

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Israel seizes Rafah crossing, cutting off Gaza’s last humanitarian lifeline amid famine crisis

This move effectively cuts off a critical humanitarian aid route to the enclave, where the majority of the population faces imminent famine due to ongoing conflict.

Oil companies contaminated a family farm. The courts and regulators let the drillers walk...

The oil and gas industry has reaped profits without ensuring there will be money to plug and clean up their wells.
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Senator Sanders demands US withdraw military aid as Israel escalates attacks in Rafah

Amidst escalating violence in Rafah, Senator Bernie Sanders challenges the U.S. administration to cease military support for Israel, citing severe humanitarian risks and a potential large-scale tragedy.

New era of inequality: Billionaires pay less in taxes than the working class

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

IDF issues evacuation order to 100,000 in Rafah as looming assault sparks fear of...

Israel Defense Forces order more than 100,000 Palestinians to evacuate Rafah ahead of an impending military offensive, despite warnings of humanitarian catastrophe.