Tag: tax the rich

U.S. billionaires amass $276 billion in post-election wealth surge as GOP pushes for $2.7 trillion estate tax repeal favoring the ultra-wealthy.

The report, released during the United Nations General Assembly talks and ahead of the COP29 climate summit, outlines a series of proposals that could shift resources away from environmentally harmful practices and toward sustainable development.

Billionaires are busy pressuring political candidates to keep their taxes unjustly low. Their opinions shouldn’t—and don’t—matter.

Democratic senators propose fair tax contributions from the ultra-wealthy as a solution to protect Social Security for future generations, challenging Republican cuts and calling for real revenue reform.

The report titled, “Climate Equality: A Planet for the 99%,” shows the large gap between the carbon footprint of the richest 1 percent and the rest of the people across the world.

The ambitious goal: To shove the case for taxing the wealth of our world’s wealthiest onto the world’s political stage.

We need to do more than tax high incomes. We need to limit them.

Can we actually start taxing the rich again?

The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.

The affluent gang at Patriotic Millionaires is making the case for an entirely new tax system.