Sunday, November 24, 2024

Tag: wealth

Undocumented immigrants pay higher tax rates than top 1% in most...

New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.

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.

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Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA

“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”

House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...

Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.

143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water

Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.

David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.