Friday, March 29, 2024

Tag: wealth inequality

Inequality in the U.S. is stifling economic growth and could cost...

Failure to close the gap, leaving the majority of wealth among the super-rich, will cost the economy anywhere from $1 trillion to $1.5 trillion by 2028.

What is the point of your human life?

For some time now, I’ve been trying to assess the point of one’s human life.  What makes you (or me) important or...

Should we abolish billionaires?

America now has more billionaires than at any time in history, while most Americans are struggling to make ends meet. With such...

Taxing the rich starts with knowing who they are

When we talk about the wealthy, who are we really referring to? Is it the billionaires on private jets? The neighbors up...

Time for a raise for New York car wash workers

The state legislature could end the sub-minimum tipped wage for car washers downstate.

From the 80s to today, the top 1 percent gain trillions,...

"Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion."

Getting poorer while working harder: The ‘cliff effect’

In addition to boosting wages, it will take major policy changes, like making child care more universally available and affordable, to offset the skyrocketing costs of living for American workers.

Americans’ extinction denial syndrome

As the mad globalization of the economy and the funneling of all wealth to the tiniest segment of the ultra-rich carries on apace, perhaps the rest of us, struggling just to make the monthly payments for shelter and food, are losing that primal urge so critical to species survival.

It’s getting worse: The IRS now audits poor Americans at about...

As the agency’s ability to audit the rich crumbles, its scrutiny of the poor has held steady in recent years. Meanwhile, a new study shows that audits of poor taxpayers make them far less likely to claim credits they might be entitled to.

What is the major issue in the 2020 election?

"Do the wealthy contend that their excess wealth is needed by the economy?"

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Mexico’s stand against GMO corn sparks US trade dispute

Mexico's firm stance on banning genetically modified (GM) corn imports, a policy that has prompted the United States to escalate the matter to a dispute settlement panel under the US-Mexico-Canada Agreement (USMCA).

Israel’s defiance of world court amid Gaza’s humanitarian crisis sparks global outrage

Amidst this backdrop of defiance and tragedy, global leaders are raising their voices against the continued aggression.

MSNBC anchors unite in protest over NBC News’ appointment of Ronna McDaniel as contributor

In an unprecedented public outcry, MSNBC's leading voices challenge NBC News' decision to bring on Ronna McDaniel, former RNC Chair, sparking a debate on journalistic integrity and the balance between diverse viewpoints and democratic values.

Pentagon’s AI dilemma and the call to ban ‘killer robots’

This collective of advocacy organizations has issued a clarion call for ethical clarity, urging Pentagon officials to unequivocally state their stance against the development and deployment of autonomous weapons systems.

Naked hypocrisy: The US once cited UNSC resolutions to invade Iraq, now calls Gaza...

Washington’s hypocrisy on this matter is legendary and stunning.