#financial-redistribution
#financial-redistribution
[ follow ]
#wealth-tax #wealth-inequality #income-inequality #tax-policy #economic-inequality #taxation #billionaires
fromFortune
1 day agoThese Americans are refusing to pay their taxes in protest of the Trump administration | Fortune
"I was thinking, well, it's a little inconsistent for me to refuse induction, refuse to go into the military, yet pay taxes that would fund other people to go into the military," the 81-year-old told Fortune.
Right-wing politics
UK politics
fromwww.theguardian.com
8 hours agoA question for those desperate to cut benefits to fund defence: who exactly are you willing to impoverish? | Polly Toynbee
Welfare spending is often blamed for budget issues, but actual data shows it remains stable relative to GDP, with pension costs driving increases.
from48 hills
18 hours agoHundreds rally against health care cuts - 48 hills
Maria Elena Healy, a registered nurse at Laguna Honda, stated, 'I am just one of the few who have been laid off. They are eliminating an entire department. These people will no longer have the specialty nursing care that we provide.'
Healthcare
fromThe Atlantic
1 day agoA Pillar of the Economics Establishment Admits That It Was Wrong
The World Bank's recent report argues that government intervention, when done right, can actually be an essential ingredient of economic success, reversing decades of opposition to industrial policy.
World politics
fromFortune
1 day agoExclusive: Elizabeth Warren on her proposal to bring back IRS Direct File: 'For just one day of bombing Iran, we could pay for 20 years' | Fortune
For years, giant tax prep companies like TurboTax and H&R Block have rigged our system so they can cash in on your hard-earned dollars. It's amazing that anyone could oppose this-especially when filing your taxes is something that Americans are required by law to do each year.
US politics
fromwww.cbc.ca
3 days agoGap between richest and poorest Canadians kept widening in 2025, StatsCan says | CBC News
Statistics Canada reported that the income gap measuring the difference in disposable income between the top 40 percent and bottom 40 percent reached 46.7 percentage points in 2025, up from 46.4 percentage points the previous year.
Canada news
Healthcare
fromSan Jose Inside
2 days agoCA Legislative and Labor Leaders Support a Billionaire Tax and Legislative Efforts To Tax The Rich
California progressives aim to raise taxes on corporations and billionaires to offset federal Medi-Cal funding cuts, despite concerns about the state's structural deficit.
fromFuturism
5 days agoBillionaire Says Insider Trading Should Be Fully Legalized
"I'm in favor of not having any rules against insider trading. I would like all the information out there as soon as it's available. Because look, as a society, we are better off knowing as soon as possible anything that is knowable."
Business
Social justice
fromNonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
1 week agoWeakening the Equal Credit Opportunity Act Will Widen Inequality | Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
The CFPB's proposed changes to ECOA threaten to weaken protections against lending discrimination.
Healthcare
fromMedCity News
4 days ago'A Significant Assault on Our Health': Healthcare Policy Leaders Condemn Trump's Budget Proposal - MedCity News
Trump's fiscal year 2027 budget proposes significant cuts to healthcare, exacerbating previous reductions and drawing criticism from healthcare advocates.
#wealth-tax
Left-wing politics
fromFortune
1 week agoBernie Sanders calls out Bezos, Musk, Bloomberg and Buffett in billionaire tax push: 'The richest people in America have never ever had it so good' | Fortune
Wealth taxes are proposed to address economic inequality and provide financial relief to working Americans.
Left-wing politics
fromFortune
1 week agoBernie Sanders calls out Bezos, Musk, Bloomberg and Buffett in billionaire tax push: 'The richest people in America have never ever had it so good' | Fortune
Wealth taxes are proposed to address economic inequality and provide financial relief to working Americans.
Washington DC
fromFast Company
4 weeks agoWashington state has no income tax. It just passed one for millionaires that could be a model for other states
Washington state will implement a 9.9% tax on income above $1 million starting January 1, 2028, potentially raising $4 billion annually for education and tax credits.
#wealth-inequality
US politics
fromFast Company
1 month agoState lawmakers have introduced 100+ bills to rein in wealth hoarding
At least 19 states have introduced over 100 bills in the 2026 legislative session to address wealth inequality and rising costs of living through tax policy reforms and wealth redistribution measures.
US politics
fromFast Company
1 month agoState lawmakers have introduced 100+ bills to rein in wealth hoarding
At least 19 states have introduced over 100 bills in the 2026 legislative session to address wealth inequality and rising costs of living through tax policy reforms and wealth redistribution measures.
World politics
fromwww.theguardian.com
4 weeks agoWe can tell you who will really get rich from this oil crisis and how we can stop them | Isabella Weber and Gregor Semieniuk
Strait of Hormuz disruptions from Middle East conflict drive oil prices above $100 per barrel, generating record profits for oil and gas companies while governments struggle with economic fallout.
Right-wing politics
fromFortune
3 weeks agoEconomists agree: You're not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the 'K-shaped economy' | Fortune
The K recovery illustrates a growing economic divide where the wealthy prosper while the poor struggle, echoing historical patterns of inequality.
California
fromABC7 San Francisco
1 month agoProposed California billionaire tax shows early support in new poll
A proposed California wealth tax on billionaires' assets shows early support from about half of likely voters, though 23% remain unsure and the measure needs signature gathering to reach the November ballot.
Public health
fromBusiness Insider
1 month agoI'm a millionaire living in Washington. I'm happy to pay more in taxes - it helps everybody.
A self-made millionaire who experienced poverty acknowledges that wealth accumulation requires more than hard work, including luck, opportunity, and systemic advantages beyond individual effort.
NYC politics
fromNew York Daily News
1 month agoNY state lawmakers propose boosting taxes on the rich, challenging Hochul and aligning with Mamdani
New York state lawmakers propose tax increases on wealthy individuals and corporations to provide $5 billion to New York City, aligning with Mayor Mamdani's affordability agenda while challenging Governor Hochul's opposition to personal income tax hikes.
fromBusiness Insider
2 months agoI'm a millionaire living in California. I'm happy to pay higher taxes since I have more wealth - it just makes sense.
I never thought I'd live in California. I grew up in Colorado, went to college in Boston, and lived in Texas. I came out here for business school because I wanted to be at Stanford, and because you could play golf during the winter. Now I love it here. It has nothing to do with taxes; taxes have never been anywhere on our list of criteria for deciding where to live. I want to live where my family is and love the weather, the jobs,
US politics
[ Load more ]