Saturday, June 15, 2024

Tag: wealthy

Analysis: 26 US billionaires paid average tax rate of just 4.8%...

"When you include their untaxed wealth growth in the calculation, many billionaires pay almost nothing," said Frank Clemente of Americans for Tax Fairness.

Why we need to keep our super rich ‘occupied’

We don’t quite know yet how the current spotlight on taxing America’s wealthiest is going to turn out. But just getting to this point, counts as a significant step into a more just and equal future.

The secret IRS files: Trove of never-before-seen records reveal how the...

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.

Do good fences make good neighbors?

Why do we feverishly build more walls when they offer us less and less protection?

Inequality social dysfunction and misery

Income and wealth inequality is not simply a monetary issue, it is a complex social crisis that supports and strengthens notions of superiority and inferiority, and was described by President Barak Obama in 2013 as “the defining challenge of our time.”

The shame of injustice

Everything that causes injustice must be uprooted, within the structures under which we live, but also, and perhaps more importantly, within the consciousness of the individual.

Working stiffs: Stop celebrating the super rich!!!

In this new Gilded Age of our current Military Industrial Empire the amount of wealth for many individuals is astounding.

The Wealthiest Nation on Earth? It’s Time to Dispel That Myth

The fires of this political movement to force this government to bring an end to this inequality have been ignited. We’ll see if those flames can be fanned and this movement sustained.

If You Liked the Bush Economy, You’ll Love Trump’s Economy

Trump, like Bush, will attempt to grow the economy by giving corporations and upper class lower taxes.

New Study Finds Sanders’ Legislation Would Extend Social Security Solvency By...

Bernie Sanders is fighting to extend social security an extra 40 years by making the wealthiest citizens pay the same rate as everyone else does.

POPULAR

The Medicare Advantage Paradox: How private insurers cost taxpayers billions

Recent studies and reports from the Medicare Payment Advisory Commission (MedPAC) reveal that MA overpayments have significantly burdened taxpayers.

Clarence Thomas faces fresh scrutiny over undisclosed luxury trips funded by billionaire

This has prompted renewed calls for his resignation and demands for stricter ethics reforms for the highest court in the land.

Trump’s $48 billion corporate tax cut proposal exceeds annual K-12 education budget

The proposed reduction in the corporate tax rate from 21% to 15% would result in massive tax savings for the largest U.S. companies, benefiting wealthy shareholders while neglecting workers and public investments.

Russia’s war on Ukraine generates more emissions than 175 countries: $32 billion climate bill...

The first two years of Russia’s invasion resulted in greenhouse gas emissions equivalent to the annual emissions of 175 individual countries, further intensifying the global climate emergency.

Navigating the energy transition: Renewables abound, but grid challenges loom

Renewable energy doesn’t matter if we can’t distribute it.