#wealth-distribution

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#economics

Silicon Valley billionaire says AI will take over 80% of work in 80% of jobs

AI is predicted to replace up to 80% of jobs, affecting all sectors according to Vinod Khosla.
Universal basic income may be necessary to address wealth inequalities caused by AI.

Mapped: How Europe's wealth has shifted since 1900

Wealth distribution is fluid; regions can dramatically shift from rich to poor and vice versa.

Silicon Valley billionaire says AI will take over 80% of work in 80% of jobs

AI is predicted to replace up to 80% of jobs, affecting all sectors according to Vinod Khosla.
Universal basic income may be necessary to address wealth inequalities caused by AI.

Mapped: How Europe's wealth has shifted since 1900

Wealth distribution is fluid; regions can dramatically shift from rich to poor and vice versa.
moreeconomics
#economic-factors

If You Want To Make Six Figures, Move to These Counties in America

Wealth in America is unevenly distributed, heavily influenced by job markets, education, and housing costs.

If You Want to Rub Shoulders With the Rich, Check Out the Wealthiest Counties in the US

Wealth in the U.S. is often linked to education, industry, and geographical advantage.

If You Want To Make Six Figures, Move to These Counties in America

Wealth in America is unevenly distributed, heavily influenced by job markets, education, and housing costs.

If You Want to Rub Shoulders With the Rich, Check Out the Wealthiest Counties in the US

Wealth in the U.S. is often linked to education, industry, and geographical advantage.
moreeconomic-factors
#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.

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.
moreincome-inequality
#warren-buffett

Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death

Buffett emphasizes distributing wealth responsibly and without creating dynastic wealth, guiding his family to continue charitable giving after his passing.

94-Year-Old Warren Buffett Announces Plans to Give Away $147 Billion When He Dies

Warren Buffett plans to give away his fortune through philanthropic efforts, primarily managed by his children, while appointing a successor for Berkshire Hathaway.

Warren Buffett gives $1 billion of Berkshire Hathaway shares to family charities

Warren Buffett continues his tradition of philanthropy by distributing $1 billion of his fortune to family foundations and designating successor trustees.

Warren Buffett's Thanksgiving Letter to Berkshire Shareholders: Read | Entrepreneur

Warren Buffett plans to donate 99.5% of his wealth to a charitable trust overseen by his children after his death.

Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death

Buffett emphasizes distributing wealth responsibly and without creating dynastic wealth, guiding his family to continue charitable giving after his passing.

94-Year-Old Warren Buffett Announces Plans to Give Away $147 Billion When He Dies

Warren Buffett plans to give away his fortune through philanthropic efforts, primarily managed by his children, while appointing a successor for Berkshire Hathaway.

Warren Buffett gives $1 billion of Berkshire Hathaway shares to family charities

Warren Buffett continues his tradition of philanthropy by distributing $1 billion of his fortune to family foundations and designating successor trustees.

Warren Buffett's Thanksgiving Letter to Berkshire Shareholders: Read | Entrepreneur

Warren Buffett plans to donate 99.5% of his wealth to a charitable trust overseen by his children after his death.
morewarren-buffett

The Most Affordable Place to Live in Each State

Despite high national wealth, the U.S. has a significant cost of living, but offers affordable counties in many states.
#billionaires

Meet the typical billionaire. He's not exactly surprising.

The typical billionaire is a self-made man in finance, primarily aged 60s, residing in New York City.

This Wealthy Black American Is Worth Over $9 Billion

African American billionaires exemplify the potential for success across all ethnic backgrounds.

How Many Billionaires Live in Your State?

New York City has the most billionaires in the U.S., while California has the highest overall number.

This Country Has the Most Billionaires, and It's Not America

China has the most billionaires globally, surpassing the U.S.

This Is How Many Billionaires Have Joined Warren Buffett's "The Giving Pledge"

The Giving Pledge, initiated by Warren Buffett, urges billionaires to donate half their fortunes to charitable causes globally.

The 15 cities around the world with the most billionaires, ranked

The concentration of billionaires is rising in major cities, particularly New York, indicating their preference for urban living over rural or less populated areas.

Meet the typical billionaire. He's not exactly surprising.

The typical billionaire is a self-made man in finance, primarily aged 60s, residing in New York City.

This Wealthy Black American Is Worth Over $9 Billion

African American billionaires exemplify the potential for success across all ethnic backgrounds.

How Many Billionaires Live in Your State?

New York City has the most billionaires in the U.S., while California has the highest overall number.

This Country Has the Most Billionaires, and It's Not America

China has the most billionaires globally, surpassing the U.S.

This Is How Many Billionaires Have Joined Warren Buffett's "The Giving Pledge"

The Giving Pledge, initiated by Warren Buffett, urges billionaires to donate half their fortunes to charitable causes globally.

The 15 cities around the world with the most billionaires, ranked

The concentration of billionaires is rising in major cities, particularly New York, indicating their preference for urban living over rural or less populated areas.
morebillionaires
#millionaires

Where are the world's millionaires and how is wealth divided globally?

Almost half of global wealth is held by 1.5% of the adult population. Wealth distribution is heavily concentrated among a small percentage of individuals worldwide.

The Richest County in Each State

The U.S. possesses a significant concentration of wealth, hosting over 38% of the world's millionaires despite representing just 4% of its population.

Where are the world's millionaires and how is wealth divided globally?

Almost half of global wealth is held by 1.5% of the adult population. Wealth distribution is heavily concentrated among a small percentage of individuals worldwide.

The Richest County in Each State

The U.S. possesses a significant concentration of wealth, hosting over 38% of the world's millionaires despite representing just 4% of its population.
moremillionaires
#retirement-planning

Nearly 70% of Gen-Z Plans to Leave Retirement Savings Behind for Others - How Does That Compare to Other Generations?

Younger generations tend to prefer leaving money behind rather than spending it all during retirement, contrasting with older generations' strategies.

I'm 65 and have an advisor managing $2 million of my portfolio - is it worth it to continue paying them?

Financial advisors can provide essential guidance during retirement, making their fees worthwhile despite initial concerns.

Nearly 70% of Gen-Z Plans to Leave Retirement Savings Behind for Others - How Does That Compare to Other Generations?

Younger generations tend to prefer leaving money behind rather than spending it all during retirement, contrasting with older generations' strategies.

I'm 65 and have an advisor managing $2 million of my portfolio - is it worth it to continue paying them?

Financial advisors can provide essential guidance during retirement, making their fees worthwhile despite initial concerns.
moreretirement-planning
#economy

The speech Keir Starmer should give: our economic model is broken and I'll pay for my own Arsenal tickets | Owen Jones

The UK is ready to shift from a decline mindset to one of ambition and opportunity for all citizens.

On budget day everyone will be 'rich' but they won't be happy - London Business News | Londonlovesbusiness.com

The need for an economy that rewards hard work over idleness is critical for the UK's standard of living.

The speech Keir Starmer should give: our economic model is broken and I'll pay for my own Arsenal tickets | Owen Jones

The UK is ready to shift from a decline mindset to one of ambition and opportunity for all citizens.

On budget day everyone will be 'rich' but they won't be happy - London Business News | Londonlovesbusiness.com

The need for an economy that rewards hard work over idleness is critical for the UK's standard of living.
moreeconomy
#economic-inequality

Labor Day is the time to call for employee ownership and better worker protections

Labor Day highlights significant economic inequalities affecting American workers while emphasizing the importance of employee ownership to address these challenges.

Report Finds Trump's Economic Policies Would Raise Taxes for Everyone - Except the Top 5 Percent

Trump's tax policy would raise taxes on the middle class by an average of $1,500 while cutting taxes for the wealthiest Americans.

Why the world cannot afford the rich

Economic inequality is detrimental, with the affluent 1% capturing a disproportionate share of global wealth and emitting high levels of carbon dioxide.
Income inequality leads to societal dysfunction, impacting various aspects like health, crime rates, and overall well-being.

Labor Day is the time to call for employee ownership and better worker protections

Labor Day highlights significant economic inequalities affecting American workers while emphasizing the importance of employee ownership to address these challenges.

Report Finds Trump's Economic Policies Would Raise Taxes for Everyone - Except the Top 5 Percent

Trump's tax policy would raise taxes on the middle class by an average of $1,500 while cutting taxes for the wealthiest Americans.

Why the world cannot afford the rich

Economic inequality is detrimental, with the affluent 1% capturing a disproportionate share of global wealth and emitting high levels of carbon dioxide.
Income inequality leads to societal dysfunction, impacting various aspects like health, crime rates, and overall well-being.
moreeconomic-inequality

3 Walmart heirs are each worth almost $100 billion - and together they're way richer than Elon Musk

Walmart heirs Jim, Rob, and Alice Walton are nearing a $100 billion net worth, highlighted by soaring Walmart stock.
#taxation

A proposal to tax the uber-rich is gaining traction. But there are skeptics

A proposal about a global wealth tax affecting the wealthiest 3,000 individuals, aiming to address tax evasion and distribute wealth towards global issues.

Chicago's search for new revenue focuses on video gaming, wealth taxes, heliport, downtown digital ads

The City Council subcommittee is considering new revenue ideas like video gaming, expanded helicopter service, and digital advertising. Freshman Ald. William Hall supports taxing salaries over $100,000 and assets of wealthy residents for a fair tax distribution.

A proposal to tax the uber-rich is gaining traction. But there are skeptics

A proposal about a global wealth tax affecting the wealthiest 3,000 individuals, aiming to address tax evasion and distribute wealth towards global issues.

Chicago's search for new revenue focuses on video gaming, wealth taxes, heliport, downtown digital ads

The City Council subcommittee is considering new revenue ideas like video gaming, expanded helicopter service, and digital advertising. Freshman Ald. William Hall supports taxing salaries over $100,000 and assets of wealthy residents for a fair tax distribution.
moretaxation

We Are Powerful Because We Are Many - Non Profit News | Nonprofit Quarterly

Communities already possess knowledge to create equitable economies.

Claims that British unions harm economic growth have one tiny flaw. They're 100% wrong | Larry Elliott

Profiteering and corporate power have led to significant disparity in wealth distribution, as companies prioritize profit margins over fair wages for workers.

A new election debate: Should India take from the rich, give to the poor?

Wealth distribution central in India's election dynamics.

Sorry, Team Biden: Lower capital-gains taxes aren't racist - higher ones are

The Biden administration proposed raising capital gains taxes, linking lower tax rates to racial disparities, which has sparked controversy.

Murdered art dealer disinherited male prostitute he married- but gave $1m from property empire to another ex-lover

Brent Sikkema disinherited his estranged husband from his will before being murdered in Rio de Janeiro.
Another ex-lover was bequeathed $1 million in Sikkema's will, creating a contentious situation with the estranged husband.

Retirement plans need major changes: NY Times

The importance of reforming retirement benefits is highlighted due to the decline of traditional pensions and the need for broader coverage and equity in the current system.

Wealthier than ever: Taxpayers who earn over 601,000 up by 25% in Spain

The number of high-earning taxpayers in Spain reached a new record high in 2022, with 15,186 individuals declaring an annual income of more than 601,000 euros.
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