Monday, July 22, 2024

Tag: wealth

New report reveals millionaires’ tax rates slashed by half since 1950s,...

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

Billionaires’ wealth skyrockets by 114% amid global poverty surge

This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.

The Pandemic is us (but now mostly them)

Power, wealth, and justice in the time of COVID-19.

U.S. billionaire wealth surges as COVID-19 pandemic worsens

As percentage of wealth, billionaire taxes have fallen 79% since 1980.

In divided Alaska, the choice is between paying for government or...

Alaskans will soon confront the dramatic effects of Republican Gov. Mike Dunleavy’s vetoes of US$444 million from the state operating budget of $8.3 billion,...

How wealthy have our super wealthy become?

It turns out we know far less, by contrast, about Americans who live amid great wealth.

Socialism for the rich, capitalism for the rest

Meanwhile, most Americans are subject to an increasingly harsh and arbitrary capitalism.

The big economic switcheroo

America’s wealthy have never been wealthier. They should pay their fair share of taxes. The big switcheroo should be reversed.

The inequality to be suffered by our children

Unless progressive policies are demanded by American voters, most of our children and grandchildren will suffer from the continuing expansion of a Great-Depression-like wealth gap that already "dwarfs" the rest of the developed world.

Infographic: This is how much equality a $30 trillion inheritance can...

What it means to be an heir in the U.S., and a few big ideas on how to use the largest intergenerational wealth transfer ever.

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Clooney, Holt, and others push ageist tropes against Biden instead of addressing Project 2025

George Clooney pushed ageist tropes against Biden in New York Times. Then Lester Holt and others piled up as well, instead of whistleblowing Project 2025.

Billionaire-backed JD Vance claims working class support despite anti-labor record

Vance accepted the party’s vice-presidential nomination with promises to champion the interests of everyday Americans.

Dear Democrats—change the message! Please!

Ideally this can be resolved by the Democrats engaging in focused strategic and tactical consideration with one over-riding goal: How to retain the White House and Senate and win back the House.

Groundbreaking study highlights urgent need to protect global forest carbon sinks

Published in Nature, the study underscores the importance of global forests in absorbing carbon dioxide and calls for immediate action to protect these ecosystems.

‘Largest IT outage in history’ causes global chaos: Flights grounded, hospitals and banks disrupted

As the global community grapples with the aftermath of what is being termed the largest IT outage in history, the focus remains on restoring normalcy and addressing the vulnerabilities exposed by this incident.