Friday, April 11, 2025

Tag: wealth inequality

Patriotic Millionaires challenge oligarch power with sweeping economic plan

As economic inequality worsens and public frustration grows, a coalition of wealthy Americans offers a radical legislative blueprint to dismantle the grip of the ultra-rich on democracy.

The Oligarchic Dozen: Top 12 US billionaires amass $2 trillion in...

The wealth of America’s richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

Billionaire wealth surges by $276 billion post-Trump election as GOP pushes...

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.

Kamala Harris signals support for billionaires tax amid growing wealth inequality

This endorsement marks a crucial step in addressing the widening wealth gap in the country, particularly as billionaires continue to amass vast fortunes while millions of Americans struggle financially.

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.

Global inequality surges as top 1% capture $42 trillion in new...

As the wealthiest 1 percent amass unprecedented riches, inequality deepens, posing a dire threat to democracy and the planet, urging a reevaluation of global tax policies.

New era of inequality: Billionaires pay less in taxes than the...

Economist Gabriel Zucman's analysis reveals that for the first time, U.S. billionaires have a lower effective tax rate than working-class Americans, sparking a renewed debate on wealth tax.

Can Brazil convince the world to tax billionaire wealth?

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

The next big billionaire thing: Hunting humans?

Can we actually start taxing the rich again?

Economic inequality exposed: The Roosevelt reports unmask the fallacy of corporate...

"Reforming corporate tax policies is crucial for building a more equitable economy."

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Trump accused of weaponizing Social Security and immigration system to target immigrants and silence...

Critics warn of authoritarian overreach as Trump administration marks immigrants as “dead” to force deportation and targets lawful residents for protected political speech.

House passes bill to shield Trump from legal accountability, restricts judges from halting unconstitutional...

Republicans push sweeping limits on judicial authority after courts repeatedly block Trump’s executive actions as unlawful or unconstitutional.

Trump faces Palestine

The legacies of colonialism and the set of ideas behind that Act of 1688 are still with us and continue to target formerly colonized (and still colonized) peoples.

Revealed: Meat industry behind attacks on flagship climate-friendly diet report

New evidence seen by DeSmog suggests this surge of outrage against the report was stoked by a PR firm that represents the meat and dairy sector. 

This chart explains why Trump backflipped on tariffs. The economic damage would have been huge

The answer is simple: the economic cost to the U.S. was too high.