Universal basic income pros and cons -according to experts
Universal Basic Income (UBI) aims to reduce poverty by providing recurring cash payments to all residents without eligibility requirements.
Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
Buffett's wealth transition aims to avoid taxes and empower his children, prompting concerns about wealth inequality and its impact on democracy.
G20 Summit: Brazil's billionaire tax plan faces pushback DW 11/15/2024
Lula aims to advance a global tax on billionaires to address inequalities and fund urgent initiatives at the G20 summit.
From Thatcher to Trump and Brexit: my seven lessons learned after 28 years as Guardian economics editor
The free-market experiment has ultimately failed, resulting in a widening gap between rich and poor.
Nature, Culture, and Inequality by Thomas Piketty review mind the gap
Piketty emphasizes that wealth inequality is influenced by politics and collective action, challenging the notion of inevitable disparities in market economies.
Universal basic income pros and cons -according to experts
Universal Basic Income (UBI) aims to reduce poverty by providing recurring cash payments to all residents without eligibility requirements.
Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru
Buffett's wealth transition aims to avoid taxes and empower his children, prompting concerns about wealth inequality and its impact on democracy.
G20 Summit: Brazil's billionaire tax plan faces pushback DW 11/15/2024
Lula aims to advance a global tax on billionaires to address inequalities and fund urgent initiatives at the G20 summit.
From Thatcher to Trump and Brexit: my seven lessons learned after 28 years as Guardian economics editor
The free-market experiment has ultimately failed, resulting in a widening gap between rich and poor.
Nature, Culture, and Inequality by Thomas Piketty review mind the gap
Piketty emphasizes that wealth inequality is influenced by politics and collective action, challenging the notion of inevitable disparities in market economies.
Carbon pollution from high flying rich in private jets soars
Private jet emissions have surged, contributing to the climate crisis and highlighting issues of wealth inequality in pollution.
Carbon emissions of richest 1% increase hunger, poverty and deaths, says Oxfam
The richest 1% are key contributors to global carbon emissions, impacting hunger and poverty.
Used like taxis': Soaring private jet flights drive up climate-heating emissions
Private jet usage has caused a 50% increase in climate-heating emissions from 2019 to 2023, emphasizing the need to address emissions from the wealthy.
Survival of the richest: Trump, climate and the logic of the doomsday bunker | Jonathan Watts
Trump's election signifies a dangerous shift towards prioritizing personal survival and wealth accumulation, undermining global environmental efforts.
The ultra-rich are increasingly using private jets for short-term flights, racking up global emissions from a tiny fraction of the population
The increasing use of private jets by the wealthy is exacerbating climate change, with significant CO2 emissions from a small fraction of the population.
Emissions from private jets increased by 46% between 2019 and 2023
The ultra-wealthy contribute significantly to climate change, primarily through private jet emissions which saw a 46% increase from 2019 to 2023.
Carbon pollution from high flying rich in private jets soars
Private jet emissions have surged, contributing to the climate crisis and highlighting issues of wealth inequality in pollution.
Carbon emissions of richest 1% increase hunger, poverty and deaths, says Oxfam
The richest 1% are key contributors to global carbon emissions, impacting hunger and poverty.
Used like taxis': Soaring private jet flights drive up climate-heating emissions
Private jet usage has caused a 50% increase in climate-heating emissions from 2019 to 2023, emphasizing the need to address emissions from the wealthy.
Survival of the richest: Trump, climate and the logic of the doomsday bunker | Jonathan Watts
Trump's election signifies a dangerous shift towards prioritizing personal survival and wealth accumulation, undermining global environmental efforts.
The ultra-rich are increasingly using private jets for short-term flights, racking up global emissions from a tiny fraction of the population
The increasing use of private jets by the wealthy is exacerbating climate change, with significant CO2 emissions from a small fraction of the population.
Emissions from private jets increased by 46% between 2019 and 2023
The ultra-wealthy contribute significantly to climate change, primarily through private jet emissions which saw a 46% increase from 2019 to 2023.
Bill Gates Says He Would Tax The Rich, Including Himself | Entrepreneur
Bill Gates acknowledges extreme wealth exists but believes in higher taxes for the ultra-rich to address inequalities.
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
Sen. Ron Wyden proposed taxing the ultra-wealthy to fund Social Security rather than cutting benefits, highlighting a critical funding solution.
The reality of Kamala Harris' plan to tax unrealized capital gains
Kamala Harris endorsed a tax on unrealized capital gains impacting only the wealthiest, sparing most tech founders.
What is inheritance tax and why might Reeves target it in her budget?
Inheritance tax changes may be proposed to close loopholes benefiting the wealthy and raise revenue, amidst rising property values pulling more estates into the tax net.
Loophole exempts 355 landowners in England from inheritance tax, data shows
The tax-exempt heritage assets scheme allows wealthy landowners in England to evade inheritance tax, calling for urgent reforms.
With Trump's election, extending expiring tax cuts should be 'easy'
Trump and Republicans are likely to extend individual tax cuts that primarily benefit wealthy households, increasing national debt.
Bill Gates Says He Would Tax The Rich, Including Himself | Entrepreneur
Bill Gates acknowledges extreme wealth exists but believes in higher taxes for the ultra-rich to address inequalities.
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
Sen. Ron Wyden proposed taxing the ultra-wealthy to fund Social Security rather than cutting benefits, highlighting a critical funding solution.
The reality of Kamala Harris' plan to tax unrealized capital gains
Kamala Harris endorsed a tax on unrealized capital gains impacting only the wealthiest, sparing most tech founders.
What is inheritance tax and why might Reeves target it in her budget?
Inheritance tax changes may be proposed to close loopholes benefiting the wealthy and raise revenue, amidst rising property values pulling more estates into the tax net.
Loophole exempts 355 landowners in England from inheritance tax, data shows
The tax-exempt heritage assets scheme allows wealthy landowners in England to evade inheritance tax, calling for urgent reforms.
With Trump's election, extending expiring tax cuts should be 'easy'
Trump and Republicans are likely to extend individual tax cuts that primarily benefit wealthy households, increasing national debt.
Democrat billionaires at the DNC want you to know: Billionaires are eeeeeevil
Democrats criticize billionaires while many party members, including leaders, are themselves billionaires, showcasing hypocrisy in their economic narratives.
As the American Dream dies, Americans struggle with their billionaires
American sentiment towards billionaires is shifting, emphasizing accountability and fairness in an economy that favors the wealthy.
The Wealthiest Women in the World
Most of the wealthiest women billionaires are heiresses.
Trump's victory adds record $64bn to wealth of richest top 10
Wealth of the world's 10 richest surged dramatically post-Trump's election, primarily due to rising US stock prices and investor optimism for low taxes.
Don't hate billionaires like Jeff Bezos - they make our lives better, 2 experts say
Billionaires should be celebrated for their contributions to society rather than condemned, as they drive innovation and tackle global challenges.
So far it's a grand decade for billionaires, says new report. As for the masses ...
Billionaires' wealth has grown three times the rate of inflation since 2020
Oxfam report highlights the growing wealth inequality and its impact on billions of people
Democrat billionaires at the DNC want you to know: Billionaires are eeeeeevil
Democrats criticize billionaires while many party members, including leaders, are themselves billionaires, showcasing hypocrisy in their economic narratives.
As the American Dream dies, Americans struggle with their billionaires
American sentiment towards billionaires is shifting, emphasizing accountability and fairness in an economy that favors the wealthy.
The Wealthiest Women in the World
Most of the wealthiest women billionaires are heiresses.
Trump's victory adds record $64bn to wealth of richest top 10
Wealth of the world's 10 richest surged dramatically post-Trump's election, primarily due to rising US stock prices and investor optimism for low taxes.
Don't hate billionaires like Jeff Bezos - they make our lives better, 2 experts say
Billionaires should be celebrated for their contributions to society rather than condemned, as they drive innovation and tackle global challenges.
So far it's a grand decade for billionaires, says new report. As for the masses ...
Billionaires' wealth has grown three times the rate of inflation since 2020
Oxfam report highlights the growing wealth inequality and its impact on billions of people
An excess of billionaires is destabilising politics just as academics predicted
Elite overproduction signifies a surplus of wealthy individuals without corresponding elite roles, leading to potential political instability.
Billionaires carbon emissions need reigning in, says Oxfam
Tech billionaires' luxury lifestyles lead to extreme carbon emissions that far exceed those of the average individual, exacerbating global inequality and environmental issues.
Readers say Starmer needs time and space to clean out the Tories'
Keir Starmer's Labour government aims to tackle wealth inequality and public service issues while facing media criticism.
From football matches to Taylor Swift tickets, Starmer's penchant for perks is a disconcerting trait | Owen Jones
Labour's recent policies under Keir Starmer reflect choices leading to increased poverty for children and vulnerable populations, alongside a lack of taxation on the wealthy.
Dozen Labour MPs join call for 'extreme wealth' tax
A group of Labour MPs are pushing for a new extreme wealth tax to address growing inequality and fund public services.
Readers say Starmer needs time and space to clean out the Tories'
Keir Starmer's Labour government aims to tackle wealth inequality and public service issues while facing media criticism.
From football matches to Taylor Swift tickets, Starmer's penchant for perks is a disconcerting trait | Owen Jones
Labour's recent policies under Keir Starmer reflect choices leading to increased poverty for children and vulnerable populations, alongside a lack of taxation on the wealthy.
Dozen Labour MPs join call for 'extreme wealth' tax
A group of Labour MPs are pushing for a new extreme wealth tax to address growing inequality and fund public services.
Britain's wealth gap is growing, its malign effects seep into all aspects of life. It's a national disaster | Will Hutton
Wealth inequality in Britain poses a significant threat to societal well-being, comparable to climate change and terrorism, necessitating urgent action.
UK's top 100 earners paid 39 million each in income and capital gains and these geese are hissing - London Business News | Londonlovesbusiness.com
The top 100 UK taxpayers paid £3.9 billion in 2022/23, highlighting the economy's dependency on a few wealthy individuals.
Britain's wealth gap is growing, its malign effects seep into all aspects of life. It's a national disaster | Will Hutton
Wealth inequality in Britain poses a significant threat to societal well-being, comparable to climate change and terrorism, necessitating urgent action.
UK's top 100 earners paid 39 million each in income and capital gains and these geese are hissing - London Business News | Londonlovesbusiness.com
The top 100 UK taxpayers paid £3.9 billion in 2022/23, highlighting the economy's dependency on a few wealthy individuals.
Economic growth has primarily benefited the wealthy while leaving many behind. A growing movement questions the desirability of continuous economic growth.
UK wealth gap surges by nearly 50% in under a decade, research finds
The wealth gap in the UK has worsened significantly, creating systemic risks that threaten social stability and democracy.
Modi builds highways but where are our jobs?': rising inequality looms over India's election
India's super-rich elite are growing rapidly, with lavish displays of wealth becoming more common
Shrink the Economy, Save the World?
Economic growth has primarily benefited the wealthy while leaving many behind. A growing movement questions the desirability of continuous economic growth.
UK wealth gap surges by nearly 50% in under a decade, research finds
The wealth gap in the UK has worsened significantly, creating systemic risks that threaten social stability and democracy.
Modi builds highways but where are our jobs?': rising inequality looms over India's election
India's super-rich elite are growing rapidly, with lavish displays of wealth becoming more common
Younger generations in top-tier Asian cities face financial struggles with real estate due to rising prices and burdensome mortgages, limiting wealth accumulation.
Homeowners are sitting on more than $35 trillion in equity
Home equity reached an all-time high of $35.1 trillion, significantly increasing from previous years, indicating wealth accumulation among homeowners.
For Millennials, Bitcoin Is the New Real Estate
Younger generations in top-tier Asian cities face financial struggles with real estate due to rising prices and burdensome mortgages, limiting wealth accumulation.
Homeowners are sitting on more than $35 trillion in equity
Home equity reached an all-time high of $35.1 trillion, significantly increasing from previous years, indicating wealth accumulation among homeowners.
Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more
Bill Gates advocates for a more progressive US tax system, believing it would significantly reduce his wealth but benefit society.
Bill Gates says the rich would be a lot poorer if he set taxes - but banning billionaires isn't on his agenda
Bill Gates would make the wealthy about two-thirds poorer through tax reforms, yet he does not support outlawing billionaires like Bernie Sanders advocates.
Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more
Bill Gates advocates for a more progressive US tax system, believing it would significantly reduce his wealth but benefit society.
Bill Gates says the rich would be a lot poorer if he set taxes - but banning billionaires isn't on his agenda
Bill Gates would make the wealthy about two-thirds poorer through tax reforms, yet he does not support outlawing billionaires like Bernie Sanders advocates.
Why America is a Nation of Growing Inequality and Diminishing Returns | Entrepreneur
America is facing a necessary economic correction with rising financial distress among higher-income earners and millennials prevailing.
The illegal maneuvers the rich use to get richer
Wealthy individuals often evade taxes and engage in illegal activities to increase their wealth with little concern for legal consequences.
Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says
Billionaires like Bill Gates wield significant influence in philanthropy; experts suggest learning from MacKenzie Scott's more effective, hands-off approach.
A new election debate: Should India take from the rich, give to the poor?
Wealth distribution central in India's election dynamics.
What Is a Decent Wage'? France's Michelin Raises a Debate.
Michelin announced a plan to guarantee all employees a decent wage worldwide to ensure financial stability and address wealth inequality within the company.
Bernie Sanders sees red lights flashing for election Bernie Sanders sees red lights flashing for election - Harvard Gazette
Growing income, wealth, and political inequality is a major concern highlighted by Senator Bernie Sanders.
Opinion | It's Time to End the Quiet Cruelty of Property Taxes
Property taxes contribute to racism and wealth inequality
Local officials and tax assessments perpetuate disparities
These Companies Pay Their Executives More Than They Pay in Taxes
Many major U.S. companies pay their top executives more than they pay the IRS, including Tesla, Ford, Netflix, and T-Mobile.
Corporate tax dodging and excessive CEO pay are significant issues that President Biden aims to address by making big corporations and the wealthy pay their fair share of taxes.
Solidarity and strategy: the forgotten lessons of truly effective protest
Oligarchic minority rules due to extreme wealth
Organized numbers are crucial for societal power
Young Reporter: The Ethical Dilemma of Elite Wealth - Favour Osibodu, HGS
Wealth inequality is on the rise globally with a small percentage of ultra-rich individuals holding a significant amount of wealth.
Super-rich individuals potentially have a humanitarian duty to use their wealth for global poverty alleviation.
Racial wealth gap widens despite wage progress
Wage gains for Black Americans have outpaced those for white people since the pandemic, but wealth inequality has deepened.
All three racial groups saw gains in home values, but differences in stock market gains contributed to wealth disparities.
The overall real net worth of white households is higher than that of Black and Hispanic households.
Tlaib: Meta's Taxes Would Drop From 25 Percent to -2 Percent Under New Tax Bill
Progressive Rep. Rashida Tlaib opposes the bipartisan tax bill that gives tax cuts to corporations and the rich.
The bill also includes a partial revival of the expanded child tax credit, but lowers the total and imposes income limits for the poorest families.
Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth
74% of millionaires in G20 countries support higher taxes on extreme wealth to address the cost-of-living crisis and improve public services.
More than 70% of respondents believe that wealth helps buy political influence and see extreme concentrations of wealth as corrosive to democracy.
World's 5 Richest Men Have Added $14M to Their Wealth Every Hour Since 2020
Elon Musk's wealth multiplied by over 700% between March 2020 and November 2023.
The world's five richest men more than doubled their wealth between 2020 and 2023.
Britain's rich are living in a golden era. Labour should not be scared to end it | Andy Beckett
Growing wealth inequality in the UK has led to a stark divide between the rich and the poor
Austerity policies implemented by the Conservative government since 2010 have exacerbated the funding crisis in public services
AI's future: the decision is yoursor is it?
Technological advancements have led to greater wealth inequality, making it unlikely that AI will lead to a more equitable distribution of wealth and resources.
The debate around AI is disproportionately influenced by the super-rich, limiting other perspectives from being heard.
From Piketty's Capital to Hawking's The Theory of Everything: can one book explain it all?
Capital in the Twenty-First Century became an unlikely bestseller, introducing economic concepts to a wider audience.
Piketty argued that without action, wealth inequality in the 21st century would resemble the norms of the 19th or 18th centuries.
From Piketty's Capital to Hawking's The Theory of Everything: can one book explain it all?
Capital in the Twenty-First Century became an unlikely bestseller, introducing economic concepts to a wide audience.
Piketty's central message is that without intervention, wealth inequality will resemble historical norms of the 18th and 19th centuries.
The great carbon divide
The top 10% of the world's population is responsible for 50% of carbon emissions
The middle 40% of the world's population has a carbon habit that is double the average carbon budget
The bottom 50% of the world's population has minimal carbon emissions
Britain's rich are living in a golden era. Labour should not be scared to end it | Andy Beckett
Growing wealth inequality in the UK has led to a stark divide between the rich and the poor
Austerity policies implemented by the Conservative government since 2010 have exacerbated the funding crisis in public services
AI's future: the decision is yoursor is it?
Technological advancements have led to greater wealth inequality, making it unlikely that AI will lead to a more equitable distribution of wealth and resources.
The debate around AI is disproportionately influenced by the super-rich, limiting other perspectives from being heard.
From Piketty's Capital to Hawking's The Theory of Everything: can one book explain it all?
Capital in the Twenty-First Century became an unlikely bestseller, introducing economic concepts to a wider audience.
Piketty argued that without action, wealth inequality in the 21st century would resemble the norms of the 19th or 18th centuries.
From Piketty's Capital to Hawking's The Theory of Everything: can one book explain it all?
Capital in the Twenty-First Century became an unlikely bestseller, introducing economic concepts to a wide audience.
Piketty's central message is that without intervention, wealth inequality will resemble historical norms of the 18th and 19th centuries.
The great carbon divide
The top 10% of the world's population is responsible for 50% of carbon emissions
The middle 40% of the world's population has a carbon habit that is double the average carbon budget
The bottom 50% of the world's population has minimal carbon emissions