#income-inequality

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Wealthy parents' greatest asset is the assets they will pass on

Parental income significantly impacts children's future earnings, but the nature of this influence varies greatly among different income groups.

Trump voters increased most in Bay Area's lower income cities

Support for Trump has increased in Democratic strongholds of Bay Area, primarily due to economic affordability concerns.
#california

Letters from Our Readers

The narrative highlights the importance of unions and social support systems for blue-collar families amidst rising income inequality.

Can education 'master plan' address California's income gap? Why Newsom thinks so

California's new education master plan aims to narrow wealth inequality through enhanced vocational training and career access for underserved groups.

1 million fewer Californians live in poverty. Is that cut enough?

California's poverty rate is declining, but at a slow pace compared to national averages.

Letters from Our Readers

The narrative highlights the importance of unions and social support systems for blue-collar families amidst rising income inequality.

Can education 'master plan' address California's income gap? Why Newsom thinks so

California's new education master plan aims to narrow wealth inequality through enhanced vocational training and career access for underserved groups.

1 million fewer Californians live in poverty. Is that cut enough?

California's poverty rate is declining, but at a slow pace compared to national averages.
morecalifornia
#economy

Why Democrats Are Losing Americans Without a College Degree-and How to Win Them Back

Democrats need a transformative vision to address economic insecurity and unite voters, particularly those without college degrees.

Once Thriving, This Poor County Reflects the Struggle of Rural America

Inflation is undermining income gains for Americans, particularly affecting low-income households who spend a larger share of their earnings on essentials.

Why Democrats Are Losing Americans Without a College Degree-and How to Win Them Back

Democrats need a transformative vision to address economic insecurity and unite voters, particularly those without college degrees.

Once Thriving, This Poor County Reflects the Struggle of Rural America

Inflation is undermining income gains for Americans, particularly affecting low-income households who spend a larger share of their earnings on essentials.
moreeconomy
#middle-class

What Happens When the Middle Class Fades Away?

The rising cost of education is leading to increased debt and fewer pursuing degrees, especially among the middle class.
There is a concerning disconnect in how middle class is defined by colleges versus self-identified income levels.
Income disparity is growing, resulting in fewer middle-class families and a 'missing middle' in the social structure.

The Gap Between Rich and Poor Has Never Been Wider In These Towns

The middle class is shrinking, significantly affecting cities' economies and demographics.

Take This Test to See If You're Rich, Poor, or Middle-Class for Your State

The American middle class has shrunk from 61% in 1971 to 50% due to globalization and technological advances.

Harris's economic plan helps, but doesn't get to the root of middle-class discontent

President Biden's economic strategies face challenges amid persistent income inequality and middle-class struggles.

This Southern State Has the Poorest Middle Class

The middle class in America is becoming less financially secure due to rising inflation and stagnant wages.

What Happens When the Middle Class Fades Away?

The rising cost of education is leading to increased debt and fewer pursuing degrees, especially among the middle class.
There is a concerning disconnect in how middle class is defined by colleges versus self-identified income levels.
Income disparity is growing, resulting in fewer middle-class families and a 'missing middle' in the social structure.

The Gap Between Rich and Poor Has Never Been Wider In These Towns

The middle class is shrinking, significantly affecting cities' economies and demographics.

Take This Test to See If You're Rich, Poor, or Middle-Class for Your State

The American middle class has shrunk from 61% in 1971 to 50% due to globalization and technological advances.

Harris's economic plan helps, but doesn't get to the root of middle-class discontent

President Biden's economic strategies face challenges amid persistent income inequality and middle-class struggles.

This Southern State Has the Poorest Middle Class

The middle class in America is becoming less financially secure due to rising inflation and stagnant wages.
moremiddle-class
#economic-mobility

Once the Heart of the Country, The American Dream Is Now Dead in These Communities

Upward economic mobility in the U.S. has declined significantly, especially for individuals from low-income households, illustrating a fading American Dream.

Economic mobility up for Black Americans born poor, study finds - Harvard Gazette

Economic prospects improving for Black Americans born poor, while earnings falling for white Americans from low-income families.

In These Amazing Pockets of the Country, the American Dream Is Alive and Well

Upward economic mobility in the U.S. has declined, particularly affecting those from low-income backgrounds.

Once the Heart of the Country, The American Dream Is Now Dead in These Communities

Upward economic mobility in the U.S. has declined significantly, especially for individuals from low-income households, illustrating a fading American Dream.

Economic mobility up for Black Americans born poor, study finds - Harvard Gazette

Economic prospects improving for Black Americans born poor, while earnings falling for white Americans from low-income families.

In These Amazing Pockets of the Country, the American Dream Is Alive and Well

Upward economic mobility in the U.S. has declined, particularly affecting those from low-income backgrounds.
moreeconomic-mobility
#economic-impact

The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says

Trump's tax changes primarily benefit the wealthy while disadvantaging lower-income workers, raising concerns about economic equity.

MIT professor hoses down predictions AI will boost GDP

AI may not significantly boost productivity and could widen the income gap between capital owners and workers.

These Are The Items Experts Are Recommending People Buy Before Trump Takes Office

President-elect Trump plans steep tariffs on imports from Mexico, Canada, and China, raising concerns about inflation and economic impact on lower-income households.

Lack of reform to child benefit bad news for single parents, says Martin Lewis

The child benefit system remains based on individual income, which experts argue is unfair to single-earner families.

The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says

Trump's tax changes primarily benefit the wealthy while disadvantaging lower-income workers, raising concerns about economic equity.

MIT professor hoses down predictions AI will boost GDP

AI may not significantly boost productivity and could widen the income gap between capital owners and workers.

These Are The Items Experts Are Recommending People Buy Before Trump Takes Office

President-elect Trump plans steep tariffs on imports from Mexico, Canada, and China, raising concerns about inflation and economic impact on lower-income households.

Lack of reform to child benefit bad news for single parents, says Martin Lewis

The child benefit system remains based on individual income, which experts argue is unfair to single-earner families.
moreeconomic-impact
#public-opinion

These Countries Have the Highest Minimum Wage on Earth

Raising the minimum wage positively impacts poverty, mental health, and happiness, outweighing potential negative effects.

Reaction to C.E.O. Killing Exposes Frustrations With Health System

Public outrage over health care inequity is transforming into troubling support for violence against industry leaders.

These Countries Have the Highest Minimum Wage on Earth

Raising the minimum wage positively impacts poverty, mental health, and happiness, outweighing potential negative effects.

Reaction to C.E.O. Killing Exposes Frustrations With Health System

Public outrage over health care inequity is transforming into troubling support for violence against industry leaders.
morepublic-opinion
#housing-market

The Income You Need to Afford a Home in Each State

The US is facing a housing affordability crisis, with home prices outpacing income growth significantly.

Map: How your area ranks in the most and least affordable places to buy a home

The housing market in England is increasingly unaffordable, with significant price rises outpacing wage growth.

Half of all households in the country can't afford a normal starter home

Starter homes are increasingly unaffordable for many Americans, with income thresholds and home prices rising beyond reach for most households.

These Are the Most Expensive American States in Which to Reside

Income inequality in America is significantly affected by regional cost of living differences.
Housing costs are especially high in the most expensive states, contributing to economic disparities.

The Income You Need to Afford a Home in Each State

The US is facing a housing affordability crisis, with home prices outpacing income growth significantly.

Map: How your area ranks in the most and least affordable places to buy a home

The housing market in England is increasingly unaffordable, with significant price rises outpacing wage growth.

Half of all households in the country can't afford a normal starter home

Starter homes are increasingly unaffordable for many Americans, with income thresholds and home prices rising beyond reach for most households.

These Are the Most Expensive American States in Which to Reside

Income inequality in America is significantly affected by regional cost of living differences.
Housing costs are especially high in the most expensive states, contributing to economic disparities.
morehousing-market
#wealth-distribution

Income inequality in Canada rises to the highest level ever recorded: Statistics Canada | CBC News

Income inequality in Canada has reached the highest recorded level, driven by a widening gap in disposable income.

Italy's tax system is so out of whack that the wealthiest 7% benefit from lesser tax compared to its lowest earners

Italy's regressive tax system exacerbates income inequality, benefiting the wealthiest while offering lower returns for the middle and lower income brackets.

This Is How Many Millionaires Are Currently Walking the Earth

The number of millionaires globally has increased by 300% over 20 years, with growing income inequality as a pressing issue.

The Poorest County in Every State

The U.S. remains the wealthiest nation, but significant segments of the population still face deep poverty and income inequality.

Income inequality in Canada rises to the highest level ever recorded: Statistics Canada | CBC News

Income inequality in Canada has reached the highest recorded level, driven by a widening gap in disposable income.

Italy's tax system is so out of whack that the wealthiest 7% benefit from lesser tax compared to its lowest earners

Italy's regressive tax system exacerbates income inequality, benefiting the wealthiest while offering lower returns for the middle and lower income brackets.

This Is How Many Millionaires Are Currently Walking the Earth

The number of millionaires globally has increased by 300% over 20 years, with growing income inequality as a pressing issue.

The Poorest County in Every State

The U.S. remains the wealthiest nation, but significant segments of the population still face deep poverty and income inequality.
morewealth-distribution
#cost-of-living

You need to make $135,000 to rent in New York

The required income to rent comfortably in New York has risen sharply to over $135,000, highlighting a significant affordability issue.

Families Need To Spend 38% of Their Income on Housing: Here's Where You'll Pay the Most-and Least

More than one-third of income spent on housing is outdated; families now spend more, with low-income families facing up to 75% of their earnings.
Cost-burdened families struggle, particularly in high-price markets like California and the Northeast.

Budget 2025 missed chance to lift thousands of children out of poverty, says ESRI

Inflation pressures persist, risking increased poverty among low-income and fixed-income households due to reduced cost-of-living measures.

You need to make $135,000 to rent in New York

The required income to rent comfortably in New York has risen sharply to over $135,000, highlighting a significant affordability issue.

Families Need To Spend 38% of Their Income on Housing: Here's Where You'll Pay the Most-and Least

More than one-third of income spent on housing is outdated; families now spend more, with low-income families facing up to 75% of their earnings.
Cost-burdened families struggle, particularly in high-price markets like California and the Northeast.

Budget 2025 missed chance to lift thousands of children out of poverty, says ESRI

Inflation pressures persist, risking increased poverty among low-income and fixed-income households due to reduced cost-of-living measures.
morecost-of-living

Want to meet a millionaire? Best chance is in Bay Area

San Francisco has the highest concentration of high earners in the U.S., driven by the tech industry's growth and less income-earning constraints.

How a Democrat Turned Back the Trump Tide on Long Island

Nassau County reflects shifting political and economic dynamics, with rising inequality influencing voter behavior and unexpected electoral outcomes.

$42 Billion and a Trustless Donation Platform | HackerNoon

A hypothetical donation of $1/month from the top 50% earners could raise $42 billion to empower NGOs and drive transformative global change.
#wealth-gap

Income inequality was put on 'steroids' thanks to the pandemic, says ex-Goldman Sachs chief investment strategist

The pandemic has widened income and racial wealth disparities in America, despite general wealth increases.

People in This Town Make $496,000 More Than the Average Joe

The wealth gap between the richest towns and the average household income in the U.S. is substantial.

Income inequality was put on 'steroids' thanks to the pandemic, says ex-Goldman Sachs chief investment strategist

The pandemic has widened income and racial wealth disparities in America, despite general wealth increases.

People in This Town Make $496,000 More Than the Average Joe

The wealth gap between the richest towns and the average household income in the U.S. is substantial.
morewealth-gap
#tipped-workers

Massachusetts could raise minimum wage for tipped workers. Here's what to know

The federal tipped minimum wage has not been increased since 1991, significantly trailing the regular minimum wage.

Arizona and Massachusetts voters to decide on minimum wage ballot measures

The uncertainty in tipped workers' incomes creates ongoing financial stress, particularly for those in the service industry.

Arizona and Massachusetts will decide if the minimum wage should be lower for workers who get tipped

Tipped workers like Mel Nichols face income uncertainty due to varying daily tips and subminimum wage laws, reflecting broader issues in labor rights.
States are voting on issues regarding subminimum wages, influencing the earnings and security of tipped workers across the country.

Massachusetts could raise minimum wage for tipped workers. Here's what to know

The federal tipped minimum wage has not been increased since 1991, significantly trailing the regular minimum wage.

Arizona and Massachusetts voters to decide on minimum wage ballot measures

The uncertainty in tipped workers' incomes creates ongoing financial stress, particularly for those in the service industry.

Arizona and Massachusetts will decide if the minimum wage should be lower for workers who get tipped

Tipped workers like Mel Nichols face income uncertainty due to varying daily tips and subminimum wage laws, reflecting broader issues in labor rights.
States are voting on issues regarding subminimum wages, influencing the earnings and security of tipped workers across the country.
moretipped-workers

Tiny Homes Face the Ax in Hong Kong, Leaving Many Families Worried

Liu Lanhua's cramped living space in Hong Kong highlights the extreme income inequality and impending policy changes affecting subdivided homes.

Revealed: the growing income gap between Europe's biggest and smallest farms

The income gap between large and small farms in Europe has exponentially increased, adversely impacting small farms.

These Cities Rank as the Least Favorable for Black Americans

Socioeconomic disparities persist between Black and White Americans, impacting various quality of life measures across different regions.
#economic-growth

Despite risks, Vinod Khosla is optimistic about AI | TechCrunch

Khosla believes AI will greatly reduce the need for human labor, leading to economic abundance.

Anant Ambani's glitzy wedding highlights India's missing middle class'

India's middle class is much poorer than China's despite economic growth.

Despite risks, Vinod Khosla is optimistic about AI | TechCrunch

Khosla believes AI will greatly reduce the need for human labor, leading to economic abundance.

Anant Ambani's glitzy wedding highlights India's missing middle class'

India's middle class is much poorer than China's despite economic growth.
moreeconomic-growth

People Making $150,000 Feel Poor

Many Americans live paycheck to paycheck regardless of income level, including a significant portion of high earners.
The perception of living paycheck to paycheck is stable across age and income groups, reflecting a broader financial strain.
#corporate-profits

Report: Companies With Lowest Worker Wages Spent Half a Trillion on Stock Buybacks in Last 5 Years

Low-wage companies in the S&P 500 spent $522 billion on stock buybacks from 2019 to 2023, prioritizing shareholders over employee wages.

'We are essentially in a new Gilded Age': As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

Shareholders and CEOs are reaping record profits while employee compensation lags, highlighting income inequality in the post-pandemic economy.

Report: Companies With Lowest Worker Wages Spent Half a Trillion on Stock Buybacks in Last 5 Years

Low-wage companies in the S&P 500 spent $522 billion on stock buybacks from 2019 to 2023, prioritizing shareholders over employee wages.

'We are essentially in a new Gilded Age': As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

Shareholders and CEOs are reaping record profits while employee compensation lags, highlighting income inequality in the post-pandemic economy.
morecorporate-profits

Poll: A Few Wealthy Loudmouths Want to Keep Mandatory Parking - Streetsblog New York City

The preference for parking diminishes with increasing income; wealthier New Yorkers are less supportive of ending mandatory parking requirements compared to lower-income groups.

Silicon Valley Latinas face the greatest wage gap disparities - San Jose Spotlight

Latinas in Silicon Valley face the largest pay gap in California, earning only 33 cents for every dollar earned by a white male.

Ikea shelves, books by politicians, even a whole celeriac: in defence of middle-class fly-tipping | Zoe Williams

Austerity has led to significant differences in how individuals experience state interactions based on income, especially regarding benefits and local governance.

The U.S. gender wage gap is growing. Here's why

The COVID-19 pandemic has led to a widening gender wage gap for U.S. working women, impacting their earnings in 2023 for the first time in 20 years.
#tax-cuts

Tax cuts will plunge thousands into poverty, warn thinktanks ahead of spring Budget

Thousands of families may be pushed into poverty with planned national insurance tax cuts
Think tanks caution against proposed national insurance tax cuts due to disproportionate impact on poorer households.

Politics in Sweden: The opposition failed to land a killer blow on tax cuts for the rich

The government's tax-cutting budget disproportionately benefits the wealthy, sparking significant criticism from the opposition over financial priorities.

Tax cuts will plunge thousands into poverty, warn thinktanks ahead of spring Budget

Thousands of families may be pushed into poverty with planned national insurance tax cuts
Think tanks caution against proposed national insurance tax cuts due to disproportionate impact on poorer households.

Politics in Sweden: The opposition failed to land a killer blow on tax cuts for the rich

The government's tax-cutting budget disproportionately benefits the wealthy, sparking significant criticism from the opposition over financial priorities.
moretax-cuts
#nobel-prize

Nobel economics prize goes to trio for research into reasons why some countries succeed and others fail

The Nobel Prize in Economics highlights the significant role of societal institutions in determining national prosperity.

Why are some countries so rich? Economics Nobel awarded for study of inequality

Colonial history and institutions significantly affect current economic disparities between countries.

Nobel economics prize goes to trio for research into reasons why some countries succeed and others fail

The Nobel Prize in Economics highlights the significant role of societal institutions in determining national prosperity.

Why are some countries so rich? Economics Nobel awarded for study of inequality

Colonial history and institutions significantly affect current economic disparities between countries.
morenobel-prize
#economic-policy

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic plans could add $15 trillion to debt and increase costs for most Americans.

What housing plans do US presidential candidates Trump and Harris offer?

US home prices have drastically outpaced wage growth, impacting affordability.
Kamala Harris proposes a $25,000 down payment assistance plan for first-time homebuyers.

Neoliberal Policies Associated With Reaganomics Actually Started With Carter

Neoliberal policies have significantly increased income inequality, rooted in earlier administrations rather than solely attributed to Thatcher and Reagan.

Antonio Delfim Netto, Brazilian Economic Czar, Dies at 96

Antonio Delfim Netto's legacy is marked by both the economic miracle of Brazil and the subsequent crises, highlighting the contradictions in his policies.

Opinion | Preparing for the Second China Shock

Biden's administration is not a free-trade purist and is imposing tariffs to protect the U.S. economy against potential threats like a surge of Chinese imports.

Opinion: Investing in America's children pays, even if Mom is on drugs

Parental income predicts children's future earnings, especially for those in poverty
Investment in early childhood can break the link between background and opportunity

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic plans could add $15 trillion to debt and increase costs for most Americans.

What housing plans do US presidential candidates Trump and Harris offer?

US home prices have drastically outpaced wage growth, impacting affordability.
Kamala Harris proposes a $25,000 down payment assistance plan for first-time homebuyers.

Neoliberal Policies Associated With Reaganomics Actually Started With Carter

Neoliberal policies have significantly increased income inequality, rooted in earlier administrations rather than solely attributed to Thatcher and Reagan.

Antonio Delfim Netto, Brazilian Economic Czar, Dies at 96

Antonio Delfim Netto's legacy is marked by both the economic miracle of Brazil and the subsequent crises, highlighting the contradictions in his policies.

Opinion | Preparing for the Second China Shock

Biden's administration is not a free-trade purist and is imposing tariffs to protect the U.S. economy against potential threats like a surge of Chinese imports.

Opinion: Investing in America's children pays, even if Mom is on drugs

Parental income predicts children's future earnings, especially for those in poverty
Investment in early childhood can break the link between background and opportunity
moreeconomic-policy

SF Amazon Workers at Bayview Warehouse Vote to Unionize, Ball Now In Amazon's Court

Over 100 Amazon workers at the DCK6 warehouse have voted to unionize with the Teamsters, demanding better recognition and benefits.

Son of MLK helps start new "Black-Brown coalition"

A renewed national Black-Latino coalition is being formed to address income inequality and voting rights as articulated by Martin Luther King III.
The coalition aims to increase civic participation and address hate crimes.
#tax-policy

Congressional Dems Call Out Companies That Pay Execs More Than They Pay in Taxes

High-profile U.S. corporations including Tesla are paying executives more than federal income taxes, attributed to tax policies from 2017 and proposed future cuts.

US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

Billionaires in the U.S. now control 1 in every 25 dollars of American wealth.
Since 2017, U.S. billionaire wealth has doubled following the tax overhaul by Republicans under Donald Trump.

Congressional Dems Call Out Companies That Pay Execs More Than They Pay in Taxes

High-profile U.S. corporations including Tesla are paying executives more than federal income taxes, attributed to tax policies from 2017 and proposed future cuts.

US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

Billionaires in the U.S. now control 1 in every 25 dollars of American wealth.
Since 2017, U.S. billionaire wealth has doubled following the tax overhaul by Republicans under Donald Trump.
moretax-policy
#housing-affordability

Half of renters live somewhere they can't afford

Nearly half of US renters exceed the 30% threshold of income on housing, highlighting an ongoing affordability crisis.

The Most and Least Affordable Housing Markets in Georgia

Homeownership is increasingly unaffordable due to rising prices and high mortgage rates, particularly impacting lower-income households.

Rents in Austin are down. But many renters still struggle to find housing they can afford. - Austin Monitor

Rent burden leads to financial stress even with salary increase.

The Most and Least Affordable Housing Markets in Pennsylvania

The COVID-19 pandemic has dramatically increased home prices, exacerbating the housing affordability crisis in the U.S. over the past few years.

The Most and Least Affordable Housing Markets in Texas

Home prices surged nearly 38% since the pandemic, complicating homeownership and affordability for many Americans.

US rents climbed 1.5 times faster than wages in last four years

Rents have risen faster than wages in major U.S. cities, causing housing affordability issues.

Half of renters live somewhere they can't afford

Nearly half of US renters exceed the 30% threshold of income on housing, highlighting an ongoing affordability crisis.

The Most and Least Affordable Housing Markets in Georgia

Homeownership is increasingly unaffordable due to rising prices and high mortgage rates, particularly impacting lower-income households.

Rents in Austin are down. But many renters still struggle to find housing they can afford. - Austin Monitor

Rent burden leads to financial stress even with salary increase.

The Most and Least Affordable Housing Markets in Pennsylvania

The COVID-19 pandemic has dramatically increased home prices, exacerbating the housing affordability crisis in the U.S. over the past few years.

The Most and Least Affordable Housing Markets in Texas

Home prices surged nearly 38% since the pandemic, complicating homeownership and affordability for many Americans.

US rents climbed 1.5 times faster than wages in last four years

Rents have risen faster than wages in major U.S. cities, causing housing affordability issues.
morehousing-affordability
#wealth-tax

Bill Gates and Bernie Sanders met to discuss taxing the super rich

Bill Gates met with Bernie Sanders to discuss income inequality and tax reforms despite their ideological differences.

Billionaire Bill Ackman has an idea for getting the ultra-wealthy to finally pay a fair share of taxes

Bill Ackman proposes a tax on borrowing against stock for the ultrawealthy to address income inequality without stifling entrepreneurship.

Why are billionaires scared of Brazil's plan to hit them with a global tax? Because it makes perfect sense | Larry Elliott

Implementing a wealth tax on billionaires, like Jeff Bezos and Elon Musk, is proposed to address global financial challenges and reduce inequality.

Bill Gates and Bernie Sanders met to discuss taxing the super rich

Bill Gates met with Bernie Sanders to discuss income inequality and tax reforms despite their ideological differences.

Billionaire Bill Ackman has an idea for getting the ultra-wealthy to finally pay a fair share of taxes

Bill Ackman proposes a tax on borrowing against stock for the ultrawealthy to address income inequality without stifling entrepreneurship.

Why are billionaires scared of Brazil's plan to hit them with a global tax? Because it makes perfect sense | Larry Elliott

Implementing a wealth tax on billionaires, like Jeff Bezos and Elon Musk, is proposed to address global financial challenges and reduce inequality.
morewealth-tax

Online dating lets us look for similar education levels, adding to income inequality

Online dating contributes to increased income inequality in the US by influencing partner selection based on education and income similarities.

Philanthropists need allies in government

U.S. politics is increasingly divisive, hindering social equality and honest policy discussions.

Opinion: Does Gov. Hochul Even Know What a 'Hard-Working' New Yorker Is? - Streetsblog New York City

Governor Hochul's pause on congestion pricing may not reflect the needs of the majority of New York commuters.

Reading the news, you'd think unions are about to ruin Britain. It's because we're finally making progress under Labour | Mick Lynch

Unions are actively working to restore workers' bargaining power and tackle income inequality, contrary to negative media portrayals.

Joe Rogan Blasts Oprah, Michelle Obama Talking Income Inequality at DNC: Lady, You're Rich as F**k!'

Joe Rogan criticized Oprah Winfrey and Michelle Obama for discussing income inequality while being part of the wealthy class they critique.
#ceo-compensation

CEO compensation at some of the largest companies was a whopping 268 times as much as their average worker last year

CEOs earn significantly more than workers, exacerbating income inequality.

The companies with the most low-wage workers are spending billions on stock buybacks instead of raises

Corporations are prioritizing stock buybacks over employee compensation, leading to increased income inequality.

Starbucks' new CEO is set to make up to $113 million - the average total pay for a barista is $49,000

Brian Niccol's compensation as CEO of Starbucks will vastly outpace the earnings of average baristas, highlighting income inequality within the company.

CEO compensation at some of the largest companies was a whopping 268 times as much as their average worker last year

CEOs earn significantly more than workers, exacerbating income inequality.

The companies with the most low-wage workers are spending billions on stock buybacks instead of raises

Corporations are prioritizing stock buybacks over employee compensation, leading to increased income inequality.

Starbucks' new CEO is set to make up to $113 million - the average total pay for a barista is $49,000

Brian Niccol's compensation as CEO of Starbucks will vastly outpace the earnings of average baristas, highlighting income inequality within the company.
moreceo-compensation

Students across income levels worry about affordability

Students across income levels believe that tuition affordability significantly impacts their academic success.

Why Trump's and Harris' proposals to stop taxing tips would be hard to do

Eliminating federal taxes on workers' tips can be complex and costly, potentially benefiting higher-paid workers more than low-income workers.

Democrats should run on a progressive economic agenda. Americans are ready | Bernie Sanders

Corporate domination leads to neglect of working-class needs in American politics.

Black and white income gap shrank between Gen X and millennials in the U.S.

The income gap between white and Black young adults narrowed for millennials compared to Generation X, driven by increased income mobility for poor Black children.

Grindr's CEO says AI "synthetic employees" will lead to even more competition for the humans workers - LGBTQ Nation

George Arison predicts 'synthetic employees' will replace tech workers, calling for A+ employees with AI companions.

Marginal students reap more benefits from STEM programs | Cornell Chronicle

Enrolling in selective college STEM programs benefits academically marginal students with increased future earnings, even if they are less likely to graduate.

Presupuesto estatal incluye credito tributario por hijos, pero defensores advierten oportunidad perdida para combatir pobreza

La fórmula para calcular los pagos suplementarios del Empire State Child Credit excluye a familias de bajos ingresos de obtener el crédito máximo.

We deserve more': US workers' share of the pie dwindles

Low wages at Target stores impact employees' financial stability despite wage increase.

Opinion | Can Biden Revive the Fortunes of American Workers?

The recent Volkswagen plant employee vote in Chattanooga symbolizes a significant victory for the labor movement and the potential for a return to a more egalitarian society.

Small-business owners brace for uncertainty as $20 hourly fast-food wage takes effect

Justin Foronda, a second-generation entrepreneur, faces challenges with rising minimum wage impacting small businesses in Los Angeles.

San Jose adopts landmark policy to stop displacement - San Jose Spotlight

Landmark policy to preserve housing for at-risk residents in San Jose.
Tenant preference based on geography for affordable housing projects.

India's Income Inequality Is Now Worse Than Under British Rule, New Report Says

Rising income inequality in India due to billionaire growth
Comparison of income distribution between colonial and modern times

Number of children in poverty hits 20-year high, damning figures show

Child poverty in the UK is at a record high with 4.3 million affected, surpassing previous levels.
Calls for urgent government action to reduce child poverty and address income inequality.

Bernie Sanders Proposes Reducing Americans' Workweek to 32 Hours

Americans working long hours for less pay despite advances in technology and productivity.
Senator Bernie Sanders proposing legislation to reduce the standard workweek from 40 hours to 32 without reducing pay.

Parents turn to AI tablets after China's tutor crackdown

China's economy is experiencing a slowdown due to multiple factors, including the Xi Jinping administration's push for 'Common Prosperity' and ongoing regulatory crackdowns.
The Chinese government's crackdown on tech giants and its efforts to reduce income inequality are leading to a shift in investor sentiment and a decrease in consumer spending in China.

Bernie Sanders: "The International Billionaire Class Is Making Out Like Bandits"

Lack of serious debate on important issues in Congress
Criticism of US foreign policy consensus
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