#wealth-distribution
#wealth-distribution

High income taxpayers in California and New York set for a SALT windfall in 2016

New tax legislation primarily benefits wealthy taxpayers in high-tax states by significantly increasing the SALT deduction cap.

#millionaires

US politics

The U.S. created over 1,000 new millionaires per day in 2024

NYC real estate

The American Dream is alive and well: The number of 'everyday millionaires' is soaring, with over 1,000 people joining the ultra-wealthy club daily

US politics

The U.S. created over 1,000 new millionaires per day in 2024

NYC real estate

The American Dream is alive and well: The number of 'everyday millionaires' is soaring, with over 1,000 people joining the ultra-wealthy club daily

more#millionaires

fromThe Mercury News

fromNon Profit News | Nonprofit Quarterly

Jill On Money: Trump's mega bill winners and losers

The Trump tax and spending plan primarily benefits wealthy individuals while adversely affecting lower-income families.

3 years ago

A Primer for Participatory Grantmaking - Non Profit News | Nonprofit Quarterly

Participatory grantmaking may be a new trend in philanthropy, but community-driven giving practices have been around since the beginning of time. These practices provide valuable lessons for philanthropy, particularly from those historically marginalized in it.

Fundraising

The Rise of the Everyday Millionaire, or the EMILLI

The number of Everyday Millionaires (EMILLIs) has increased dramatically, growing from over 13 million in 2000 to nearly 52 million by 2024.

fromPinkNews | Latest lesbian, gay, bi and trans news | LGBTQ+ news

4 weeks ago

Connecticut's Opulent Suburbs Can't Conceal Urban Poverty: Poorest City in Every US State

Connecticut exhibits significant income inequality, with affluent areas adjacent to those suffering poverty.

4 weeks ago

Gay billionaire takes swipe at the Democrats: 'I'm politically homeless'

Sam Altman expressed pride in being American, emphasizing that the American miracle is unparalleled in history, and education is vital to maintaining America's edge.

LGBT

fromFuturism

MIT Economist Warns AI Is Poised to Turn Economy Into "Mad Max" Scenario

AI may lead to a 'Mad Max' scenario with job devaluation and concentrated wealth.

US politics

What Income Level is Considered Middle Class in Your State?

The GOP tax bill benefits the wealthy while harming working-class Americans.

No tax on tips sounds great until you explore the history-as many will soon discover

Rangel was a pivotal figure in U.S. politics, instrumental in tax policy affecting wealth distribution and social stability.

#inheritance

Relationships

My Sister And I Could Inherit $10m, But My Family Is Strange With Money

My Step Sibling Asked to Share My $4 Million Inheritance. What should I do?

Inheriting money can change relationships; feeling guilty about sharing is common, but not mandatory.

Relationships

My Sister And I Could Inherit $10m, But My Family Is Strange With Money

My Step Sibling Asked to Share My $4 Million Inheritance. What should I do?

Inheriting money can change relationships; feeling guilty about sharing is common, but not mandatory.

With the Big, Beautiful Bill, You Can Now Sponsor a Billionaire of Your Choosing

The article satirizes wealth distribution, depicting a fictional bill that humorously reallocates funds to billionaires instead of public needs.

fromSFGATE

U.S. Is Set To Gain a Record 7,500 of the World's Millionaires-and This Sun-Soaked State Is Red-Hot

Foreign millionaires are migrating to the U.S. in unprecedented numbers despite economic volatility and geopolitical tensions.

NYC politics

fromFlowingData

Republican bill's effects on household income, by income group

The proposed bill raises incomes for the wealthy while decreasing them for the poor, defying historical trends.

From Mexico City To Moscow: The Global Cities With The Most Billionaires

The world's billionaires are concentrated in just a few countries but are spread across numerous cities, showing diverse sources of wealth.

European startups

From Monaco To Mexico: The Countries Where The Most Billionaires Live

London startup

From Mexico City To Moscow: The Global Cities With The Most Billionaires

The world's billionaires are concentrated in just a few countries but are spread across numerous cities, showing diverse sources of wealth.

European startups

From Monaco To Mexico: The Countries Where The Most Billionaires Live

Retirement

Is Leaving Your Children Out of Your Will the Right Choice?

One of our kids is rich, the other isn't - how should we divide our estate so its fair?

The Redditor is considering an unequal inheritance distribution for his two children, weighing fairness against avoiding future resentment.

Retirement

Is Leaving Your Children Out of Your Will the Right Choice?

One of our kids is rich, the other isn't - how should we divide our estate so its fair?

The Redditor is considering an unequal inheritance distribution for his two children, weighing fairness against avoiding future resentment.

Non-profit organizations

Is the era of the benevolent billionaire really over?

fromwww.npr.org

fromstupidDOPE | Est. 2008

Non-profit organizations

Here's why Bill Gates is giving away most of his remaining fortune to his charity

Fundraising

Bill Gates to Close Foundation and Give Away Nearly All of His Fortune by 2045 | stupidDOPE | Est. 2008

fromA Philosopher's Blog

philosophy

Philanthropy

Philanthropy by billionaires often serves personal interests rather than genuine generosity, raising ethical questions about the motives behind their charitable giving.

fromEntrepreneur

Michael Bloomberg Tops List of American Philanthropists | Entrepreneur

Michael Bloomberg donated $3.7 billion to nonprofit causes in 2024, maintaining his position as the top philanthropist in the U.S.

fromFast Company

Is the era of the benevolent billionaire really over?

The Gates Foundation plans to distribute most of its funds and sunset by 2045, signaling a major change in philanthropy.

fromwww.npr.org

fromstupidDOPE | Est. 2008

Here's why Bill Gates is giving away most of his remaining fortune to his charity

Bill Gates is accelerating his philanthropic commitment by pledging $200 billion to charity over the next 20 years.

Fundraising

Bill Gates to Close Foundation and Give Away Nearly All of His Fortune by 2045 | stupidDOPE | Est. 2008

fromA Philosopher's Blog

philosophy

Philanthropy

fromEntrepreneur

Michael Bloomberg Tops List of American Philanthropists | Entrepreneur

Michael Bloomberg donated $3.7 billion to nonprofit causes in 2024, maintaining his position as the top philanthropist in the U.S.

Silicon Valley real estate

Bill Gates Say He Will Give Away 'Virtually All His Wealth' Within 20 Years-Does That Include His $130 Million Mansion?

Bill Gates plans to disband the Gates Foundation in 20 years to donate nearly all his wealth.

He intends to focus on urgent global issues without a legacy mindset.

Silicon Valley real estate

Startup companies

Bill Gates Net Worth Rises $10 Billion

Bill Gates plans to sunset his foundation while giving away $60 billion over the next 20 years.

fromSFGATE

Bill Gates Say He Will Give Away 'Virtually All His Wealth' Within 20 Years-Does That Include His $130 Million Mansion?

Bill Gates plans to disband the Gates Foundation in 20 years to donate nearly all his wealth.

He intends to focus on urgent global issues without a legacy mindset.

Startup companies

Bill Gates Net Worth Rises $10 Billion

Bill Gates plans to sunset his foundation while giving away $60 billion over the next 20 years.

Scientists Just Found Who's Causing Global Warming

The wealthiest 10% of the global population are responsible for two-thirds of climate warming since 1990.

fromThe Local France

France wants to make one-off wealth tax permanent

France's economy minister seeks to make a temporary tax on high earners a permanent measure for equitable government financing.

Growth hacking

fromtime.com

4 months ago

Achieving Sustainable Growth Requires Rethinking the Economy

The current economic system fails to distribute wealth equitably and harms the environment, necessitating a new sustainable growth paradigm.

US news

4 months ago

Once a Manufacturing Hub, 36% of This American City's Population Is Living in Poverty

The U.S. boasts the largest economy but grapples with significant income inequality and a notable poverty rate.

Bootstrapping

fromThe Atlantic

4 months ago

There Are Two Kinds of Credit Cards

The poor are subsidizing the rich through credit-card debt and rewards systems, with wealthy individuals benefiting disproportionately from consumer spending.

#baby-boomers

Social media marketing

fromVogue Business

Generational Breakdown: Understanding the baby boomer consumer

Baby boomers are crucial consumers in the luxury market, holding significant wealth.

Marketers have primarily targeted younger generations, neglecting the baby boomer demographic.

6 months ago

Digital life

Baby Boomers Have Never Been So Wealthy, Yet Many Aren't Feeling the Booming Economy. Here's Why.

Social media marketing

fromVogue Business

Generational Breakdown: Understanding the baby boomer consumer

Baby boomers are crucial consumers in the luxury market, holding significant wealth.

Marketers have primarily targeted younger generations, neglecting the baby boomer demographic.