#wealth-inequality

[ follow ]
fromwww.mercurynews.com
1 day ago

Oprah Winfrey, Kim Kardashian, Katy Perry may face protests at Bezos-Sanchez wedding

One protest organizer, Federica Toninello, emphasized their determination to protest against the lavish wedding, saying they would block access to the city for Bezos and his guests.
Los Angeles
#corruption
US politics
fromThe New Yorker
3 weeks ago

Trump's Government of Billionaires

Donald Trump's administration exemplifies the influence of wealth in politics, raising concerns about corruption and accountability.
US politics
fromwww.mediaite.com
2 months ago

Elon Musk Vows DOGE Probe Into These Strangely Wealthy' Dems: How Do They Get $20M?'

Elon Musk initiated an investigation into how Democratic lawmakers accumulate wealth despite modest salaries, hinting at corruption linked to taxpayer money.
US politics
fromThe New Yorker
3 weeks ago

Trump's Government of Billionaires

Donald Trump's administration exemplifies the influence of wealth in politics, raising concerns about corruption and accountability.
US politics
fromwww.mediaite.com
2 months ago

Elon Musk Vows DOGE Probe Into These Strangely Wealthy' Dems: How Do They Get $20M?'

Elon Musk initiated an investigation into how Democratic lawmakers accumulate wealth despite modest salaries, hinting at corruption linked to taxpayer money.
more#corruption
fromVulture
6 days ago

Three Off Broadway Productions Bite the Donors That Feed Them

We have a counterfeit democracy, where big money pulls the strings," the chorus shouts in the production's overheated conclusion. "Billionaires will soon be trillionaires, while blaming the poor for all the things.
NYC music
#economic-policy
Artificial intelligence
fromBusiness Insider
3 months ago

Will AI replace human jobs and make universal basic income necessary? Here's what AI leaders have said about UBI.

AI advancements threaten to widen wealth inequality, prompting calls for universal basic income (UBI) to support all adults financially.
US politics
from24/7 Wall St.
2 months ago

The 10 Biggest Reasons the National Debt Is On Everyone's Mind

The national debt poses significant risks to the U.S. economy, especially as it surpasses GDP and prompts concerns from experts.
fromTruthout
6 days ago
US politics

CBO: GOP Bill Would Sap $1.6k From Poorest Households, Give $12k to the Richest

Artificial intelligence
fromBusiness Insider
3 months ago

Will AI replace human jobs and make universal basic income necessary? Here's what AI leaders have said about UBI.

AI advancements threaten to widen wealth inequality, prompting calls for universal basic income (UBI) to support all adults financially.
US politics
from24/7 Wall St.
2 months ago

The 10 Biggest Reasons the National Debt Is On Everyone's Mind

The national debt poses significant risks to the U.S. economy, especially as it surpasses GDP and prompts concerns from experts.
US politics
fromTruthout
6 days ago

CBO: GOP Bill Would Sap $1.6k From Poorest Households, Give $12k to the Richest

Trump's budget bill reduces wealth for the poorest while benefiting the richest, exacerbating economic inequality.
UK politics
fromwww.theguardian.com
1 month ago

It's not a rich list it's gone far beyond that. We need to talk about extreme wealth' | Dhananjayan Sriskandarajah

The Hinduja family's wealth highlights the growing wealth inequality in the UK, with an extreme gap between the rich and the average person.
more#economic-policy
#new-york
NYC politics
fromNew York Focus
3 months ago

New York's Ultra-Orthodox Yeshivas Challenge New State Education...

New York's wealth and inequality reflect a complex socio-economic landscape that is often overlooked.
NYC politics
fromNew York Focus
1 week ago

A Powerful Bronx Politician Dines on Developers' Double Donations

New York embodies stark contradictions of wealth and inequality, diversity and segregation, ambition and inaction.
NYC politics
fromnysfocus.com
1 week ago

5 Key Takeaways From Our Investigation Into Sewer Service'

New York's wealth coexists with extreme inequality, highlighting contradictions in prosperity and social issues.
NYC politics
fromNew York Focus
3 months ago

New York's Ultra-Orthodox Yeshivas Challenge New State Education...

New York's wealth and inequality reflect a complex socio-economic landscape that is often overlooked.
NYC politics
fromNew York Focus
1 week ago

A Powerful Bronx Politician Dines on Developers' Double Donations

New York embodies stark contradictions of wealth and inequality, diversity and segregation, ambition and inaction.
NYC politics
fromnysfocus.com
1 week ago

5 Key Takeaways From Our Investigation Into Sewer Service'

New York's wealth coexists with extreme inequality, highlighting contradictions in prosperity and social issues.
more#new-york
#economic-mobility
more#economic-mobility
NYC politics
fromThe Nation
1 week ago

Will Black Americans Vote for a Socialist-Zohran Mamdani?

The tradition of collective care in Black churches influences political views on social welfare and challenges the labeling of such support as 'socialist.'
#poverty
Retirement
from24/7 Wall St.
1 week ago

Poorest County in Every State

The U.S. economy's vast wealth contrasts sharply with significant income inequality, evidenced by millions living below the poverty line.
Social justice
fromTruthout
2 months ago

The Poor Are Taking Power Back Into Their Own Hands in a "Survival Revival"

The wealth gap has dramatically increased post-2024 election, sparking concern over an oligarchic shift in democracy.
Retirement
from24/7 Wall St.
1 week ago

Poorest County in Every State

The U.S. economy's vast wealth contrasts sharply with significant income inequality, evidenced by millions living below the poverty line.
Social justice
fromTruthout
2 months ago

The Poor Are Taking Power Back Into Their Own Hands in a "Survival Revival"

The wealth gap has dramatically increased post-2024 election, sparking concern over an oligarchic shift in democracy.
more#poverty
US politics
fromThe Mercury News
2 weeks ago

Opinion: Under Trump, are we entering the cruelest era in American history?

Current government policies under Trump's administration lead to widespread suffering and death, echoing historical atrocities sanctioned by law.
#satire
fromNew York Post
1 month ago
NYC politics

Conservatives mock Dem rhetoric about 'oligarchy' as NYC living room pic of Alex Soros and Abedin goes viral

fromNew York Post
1 month ago
NYC politics

Conservatives mock Dem rhetoric about 'oligarchy' as NYC living room pic of Alex Soros and Abedin goes viral

more#satire
#trump-administration
Social justice
fromThe Nation
1 month ago

Trump Is Waging War on the Poor

The wealth of the richest surged by $64 billion post-Trump's 2024 election win, indicating an oligarchic shift in governance.
US politics
fromwww.theguardian.com
3 weeks ago

A hidden measure in the Republican budget bill would crown Trump king | Robert Reich

Trump's proposed bill could significantly increase wealth inequality in the U.S.
Federal judges are contemplating contempt charges against Trump's administration for ignoring court rulings.
US politics
fromTruthout
2 weeks ago

Outcry Builds Over GOP Budget Rule Requiring Bond to Challenge Trump in Court

Only wealthy individuals can feasibly challenge the Trump administration legally due to a new financial requirement in a recent GOP-controlled spending bill.
Social justice
fromThe Nation
1 month ago

Trump Is Waging War on the Poor

The wealth of the richest surged by $64 billion post-Trump's 2024 election win, indicating an oligarchic shift in governance.
US politics
fromwww.theguardian.com
3 weeks ago

A hidden measure in the Republican budget bill would crown Trump king | Robert Reich

Trump's proposed bill could significantly increase wealth inequality in the U.S.
Federal judges are contemplating contempt charges against Trump's administration for ignoring court rulings.
US politics
fromTruthout
2 weeks ago

Outcry Builds Over GOP Budget Rule Requiring Bond to Challenge Trump in Court

Only wealthy individuals can feasibly challenge the Trump administration legally due to a new financial requirement in a recent GOP-controlled spending bill.
more#trump-administration
#tax-policy
Startup companies
from24/7 Wall St.
3 months ago

I make over $200,000 a month but pay basically nothing in salary taxes

Criticism of the wealthy avoiding taxes often overlooks the complexity of income types, such as profit sharing and passive income.
Many business owners use profit sharing, which can lead to misconceptions about their tax contributions.
UK news
fromwww.standard.co.uk
1 month ago

UK sees big fall in billionaires after non-dom tax crackdown, Rich List shows

The UK experienced a record decline in billionaires due to a crackdown on non-dom tax status.
Startup companies
from24/7 Wall St.
3 months ago

I make over $200,000 a month but pay basically nothing in salary taxes

Criticism of the wealthy avoiding taxes often overlooks the complexity of income types, such as profit sharing and passive income.
Many business owners use profit sharing, which can lead to misconceptions about their tax contributions.
UK news
fromwww.standard.co.uk
1 month ago

UK sees big fall in billionaires after non-dom tax crackdown, Rich List shows

The UK experienced a record decline in billionaires due to a crackdown on non-dom tax status.
more#tax-policy
#tax-cuts
US Elections
fromTruthout
2 months ago

Wealthy Could Dodge $30M in Taxes Every Day Under Trump-Musk Plan to Gut IRS

Cutting IRS staff could cost the U.S. $395 billion in a decade and enable the rich to evade taxes.
US politics
fromTruthout
3 weeks ago

The "Oligarch's Budget" Wages War on Poor Americans

The recent budget bill exemplifies a significant wealth transfer from low-income Americans to the wealthy with massive cuts to social programs.
US politics
fromwww.theguardian.com
4 weeks ago

The US credit rating has been downgraded. But there's an easy fix for our debt | Robert Reich

Moody's downgraded the US credit rating, indicating increased risk due to rising debt and potential tax cuts for the wealthy.
US Elections
fromTruthout
2 months ago

Wealthy Could Dodge $30M in Taxes Every Day Under Trump-Musk Plan to Gut IRS

Cutting IRS staff could cost the U.S. $395 billion in a decade and enable the rich to evade taxes.
US politics
fromTruthout
3 weeks ago

The "Oligarch's Budget" Wages War on Poor Americans

The recent budget bill exemplifies a significant wealth transfer from low-income Americans to the wealthy with massive cuts to social programs.
US politics
fromwww.theguardian.com
4 weeks ago

The US credit rating has been downgraded. But there's an easy fix for our debt | Robert Reich

Moody's downgraded the US credit rating, indicating increased risk due to rising debt and potential tax cuts for the wealthy.
more#tax-cuts
#taxation
Social justice
fromTruthout
3 months ago

Wealth of the World's Billionaires Surged by $10 Billion Per Day in January

Extreme wealth is accelerating, concentrating power among a few billionaires, exacerbating inequality.
There is a pressing need to tax the wealthy to address disparity and fund essential initiatives.
UK news
fromwww.theguardian.com
3 weeks ago

Publish tax returns to flush out dodgers | Brief letters

Public disclosure of tax returns could expose tax evasion among the wealthy.
The ongoing debate about welfare cuts frames economic measures against their social impact.
fromwww.cbc.ca
1 month ago
Canada news

These Canadian millionaires are asking for tax increases but just for themselves | CBC News

Social justice
fromTruthout
3 months ago

Wealth of the World's Billionaires Surged by $10 Billion Per Day in January

Extreme wealth is accelerating, concentrating power among a few billionaires, exacerbating inequality.
There is a pressing need to tax the wealthy to address disparity and fund essential initiatives.
UK news
fromwww.theguardian.com
3 weeks ago

Publish tax returns to flush out dodgers | Brief letters

Public disclosure of tax returns could expose tax evasion among the wealthy.
The ongoing debate about welfare cuts frames economic measures against their social impact.
fromwww.cbc.ca
1 month ago
Canada news

These Canadian millionaires are asking for tax increases but just for themselves | CBC News

more#taxation
NYC politics
fromNew York Post
4 weeks ago

Progressive Manhattan lawmakers again push 'rent control for the rich'

A proposed bill to limit rent for wealthy co-op owners raises concerns over contract rights and potential negative impacts on New York's business climate.
#real-estate
NYC real estate
fromNew York Post
3 months ago

The top 1% of Americans have enough money to buy 99% of US homes

The top 1% of Americans own over 13% of real estate, highlighting extreme wealth concentration in property ownership.
NYC real estate
fromNew York Post
3 months ago

The top 1% of Americans have enough money to buy 99% of US homes

The top 1% of Americans own over 13% of real estate, highlighting extreme wealth concentration in property ownership.
more#real-estate
NYC parents
fromTruthout
1 month ago

Measure in GOP Bill Incentivizes School Privatization Funders With Tax Breaks

House GOP's tax package rewards private school funding with capital gains tax exemption, escalating public education privatization.
#climate-change
Black Lives Matter
fromBuzzFeed
3 months ago

I Was A Star Student. Now I Risk Arrest To Fight Climate Change.

Climate activists are essential in the fight against the climate crisis, confronting the wealthy's excessive carbon footprints.
Social justice
fromwww.theguardian.com
1 month ago

Two-thirds of global heating caused by richest 10%, study suggests

The wealthiest 10% are largely responsible for global heating, intensifying climate impacts on the poorest regions.
There's a clear link between wealth, greenhouse gas emissions, and climate disasters.
Social justice
fromwww.aljazeera.com
1 month ago

Two-thirds of global warming caused by world's richest 10%, study finds

Progressive taxes on wealth could mitigate climate change impacts by addressing the consumption patterns of the wealthiest individuals.
World news
fromNature
1 month ago

The world's richest people have an outsized role in climate extremes

The wealthiest 10% significantly drive climate change through their consumption and investments.
fromenglish.elpais.com
1 month ago
Social justice

Herve Kempf, journalist: The super-rich like Musk and Bezos promote a cultural model that represents an ecological disaster'

Black Lives Matter
fromBuzzFeed
3 months ago

I Was A Star Student. Now I Risk Arrest To Fight Climate Change.

Climate activists are essential in the fight against the climate crisis, confronting the wealthy's excessive carbon footprints.
Social justice
fromwww.theguardian.com
1 month ago

Two-thirds of global heating caused by richest 10%, study suggests

The wealthiest 10% are largely responsible for global heating, intensifying climate impacts on the poorest regions.
There's a clear link between wealth, greenhouse gas emissions, and climate disasters.
Social justice
fromwww.aljazeera.com
1 month ago

Two-thirds of global warming caused by world's richest 10%, study finds

Progressive taxes on wealth could mitigate climate change impacts by addressing the consumption patterns of the wealthiest individuals.
World news
fromNature
1 month ago

The world's richest people have an outsized role in climate extremes

The wealthiest 10% significantly drive climate change through their consumption and investments.
fromenglish.elpais.com
1 month ago
Social justice

Herve Kempf, journalist: The super-rich like Musk and Bezos promote a cultural model that represents an ecological disaster'

more#climate-change
#new-york-city
NYC real estate
fromYahoo Finance
1 month ago

NYC is now home to 400K millionaires - the most in the world - and they're squeezing out the middle class

New York City's rising wealth is driving middle-class families out due to unaffordable living costs.
NYC real estate
fromYahoo Finance
1 month ago

NYC is now home to 400K millionaires - the most in the world - and they're squeezing out the middle class

New York City's rising wealth is driving middle-class families out due to unaffordable living costs.
more#new-york-city
NYC politics
from48hills.org
1 month ago

More money for the district attorneybut what about the public defender?

The wealthy have taken most economic growth, causing budget crises in local government, schools, and social services.
#television
more#television
from24/7 Wall St.
1 month ago

Income It Takes To Be Considered Rich In Every State

The American dream, once a core belief in the U.S., is fading; 53% believe it's still possible, but 41% feel it was only a past ideal.
US news
#katy-perry
fromFuturism
1 month ago
Women in technology

Katy Perry Says Her Treatment After Bezos Spaceflight Was Horribly Unfair

fromFuturism
1 month ago
Women in technology

Katy Perry Says Her Treatment After Bezos Spaceflight Was Horribly Unfair

more#katy-perry
NYC politics
fromNew York Post
1 month ago

Exclusive | Girlfriend of late star Philip Seymour Hoffman joins other wealthy lefties in Zohran Mamdani campaign ad

Mimi O'Donnell endorses Zohran Mamdani's progressive platform, emphasizing the need for wealthy supporters to aid the Democratic Socialist agenda.
#bernie-sanders
Social justice
fromTruthout
3 months ago

Sanders: 1 Percent Has Sapped $79T in Wealth From Bottom 90 Percent Since 1975

$3.9 trillion was taken from the bottom 90% of Americans in 2023, highlighting grave wealth inequality.
NYC politics
fromNew York Post
1 month ago

That's rich: AOC, Bernie Sanders caught on video exiting $15K-per-hour private jet to attend 'Fighting Oligarchy' rally

Ocasio-Cortez and Sanders criticize wealth inequality while traveling on a private jet, highlighting hypocrisy in their campaign against the elite.
Social justice
fromTruthout
3 months ago

Sanders: 1 Percent Has Sapped $79T in Wealth From Bottom 90 Percent Since 1975

$3.9 trillion was taken from the bottom 90% of Americans in 2023, highlighting grave wealth inequality.
NYC politics
fromNew York Post
1 month ago

That's rich: AOC, Bernie Sanders caught on video exiting $15K-per-hour private jet to attend 'Fighting Oligarchy' rally

Ocasio-Cortez and Sanders criticize wealth inequality while traveling on a private jet, highlighting hypocrisy in their campaign against the elite.
more#bernie-sanders
US politics
fromBuzzFeed
1 month ago

"He Is A Poop Stain On The Underwear Of Society": People Share Their Honest Opinions Of Elon Musk

The dismantling of social programs is creating widespread discontent against rich influencers like Elon and misconceptions pushed by political leaders.
#politics
US politics
fromwww.theguardian.com
3 months ago

Look at Donald Trump and his gang of broligarchs and tell me we don't need a wealth tax | Brian Cox

Donald Trump's presidency highlights the dangerous influence of billionaire power in politics and their disconnection from everyday realities.
US news
fromwww.nytimes.com
2 months ago

The Trump Billionaires Who Run the Economy and the Things They Say

Billionaires in power often exhibit a disconnect from the financial struggles of average Americans.
US politics
fromwww.theguardian.com
3 months ago

Look at Donald Trump and his gang of broligarchs and tell me we don't need a wealth tax | Brian Cox

Donald Trump's presidency highlights the dangerous influence of billionaire power in politics and their disconnection from everyday realities.
US news
fromwww.nytimes.com
2 months ago

The Trump Billionaires Who Run the Economy and the Things They Say

Billionaires in power often exhibit a disconnect from the financial struggles of average Americans.
more#politics
US Elections
fromThe Atlantic
2 months ago

How the Trump Administration Is Taxing the IRS

Cuts to the IRS are expected to cost the U.S. government trillions in lost revenue, adversely affecting essential services and increasing deficits.
fromwww.theguardian.com
2 months ago

Don't worry, gen Z! A billionaire boomer says your lives are going to be great | Arwa Mahdawi

But there are a few things that I do know that Dimon, for all his infinite wisdom, doesn't seem to have fully grasped.
Digital life
#elon-musk
Silicon Valley real estate
fromSFGATE
3 months ago

America's 15 'Super Billionaires' Own More Than $2 Billion Worth of Property-but Whose Portfolio Comes Out on Top?

The emergence of 'super billionaires' highlights a growing wealth divide, with 24 individuals now worth over $50 billion.
US news
fromTruthout
3 months ago

Trump Posts AI Video Showing Colonial Fantasy of Gaza Rebuilt for the Rich

The video represents a dangerous vision of wealth and displacement, envisioning a future Gaza as a tourist playground.
It critiques the normalization of wealth while ignoring the plight of marginalized communities.
NYC politics
fromwww.mediaite.com
3 months ago

Bill Burr Shreds That Idiot Elon Musk Who Evidently Is a Nazi'

Bill Burr criticizes the elite, specifically Elon Musk, for exploiting everyday Americans and likening Musk's behavior to that of a Nazi.
Silicon Valley real estate
fromSFGATE
3 months ago

America's 15 'Super Billionaires' Own More Than $2 Billion Worth of Property-but Whose Portfolio Comes Out on Top?

The emergence of 'super billionaires' highlights a growing wealth divide, with 24 individuals now worth over $50 billion.
US news
fromTruthout
3 months ago

Trump Posts AI Video Showing Colonial Fantasy of Gaza Rebuilt for the Rich

The video represents a dangerous vision of wealth and displacement, envisioning a future Gaza as a tourist playground.
It critiques the normalization of wealth while ignoring the plight of marginalized communities.
NYC politics
fromwww.mediaite.com
3 months ago

Bill Burr Shreds That Idiot Elon Musk Who Evidently Is a Nazi'

Bill Burr criticizes the elite, specifically Elon Musk, for exploiting everyday Americans and likening Musk's behavior to that of a Nazi.
more#elon-musk
OMG science
fromTechCrunch
2 months ago

Want to stay young? Peter Diamandis says survive the next 10 years | TechCrunch

Peter Diamandis envisions a future of abundance through technology but faces criticism for overlooking wealth inequality.
US politics
fromTruthout
2 months ago

GOP's Plan to Give Tax Breaks to the Rich Is Now Projected to Cost $7 Trillion

GOP tax cut proposals could cost $7 trillion, disproportionately benefiting the wealthy and corporations.
fromIrish Independent
2 months ago

Pension loophole was exploited to wipe out tax bills, Revenue found

The report criticized the 2022 Finance Act for breaking the link between salary and pension, creating tax loopholes that enable the wealthy to abuse the system.
UK news
#tech-billionaires
Silicon Valley
fromFast Company
2 months ago

Bill Gates isn't the first billionaire to try to save the world-and he'll fail for the same reasons the robber barons did

Bill Gates holds a paternalistic view that his wealth is beneficial, contrasting with other billionaires who face scrutiny.
Modern tech leaders justify wealth concentration by promising social benefits through philanthropy.
Silicon Valley
fromFast Company
2 months ago

Bill Gates isn't the first billionaire to try to save the world-and he'll fail for the same reasons the robber barons did

Bill Gates holds a paternalistic view that his wealth is beneficial, contrasting with other billionaires who face scrutiny.
Modern tech leaders justify wealth concentration by promising social benefits through philanthropy.
more#tech-billionaires
NYC politics
fromNon Profit News | Nonprofit Quarterly
3 months ago

How to Stop TIFs and Megaprojects: Stories from the Field - Non Profit News | Nonprofit Quarterly

Local economic policy and planning often exclude residents' input, favoring wealthy developers.
Tax Increment Financing (TIF) often benefits elites at the expense of taxpayers.
#oligarchy
US politics
fromThe Nation
3 months ago

Democracy Dies at "The Washington Post"

Bezos argues for more attention to billionaire capitalism, despite criticism of wealth inequality and historical skepticism of oligarchy.
philosophy
fromApaonline
3 months ago

To Protect Democracy from Oligarchy We Must Fight Inequality, but also Hierarchy

Oligarchy exemplifies the undue influence of wealth on politics, raising questions about decoupling wealth from political power.
US politics
fromThe Nation
3 months ago

Democracy Dies at "The Washington Post"

Bezos argues for more attention to billionaire capitalism, despite criticism of wealth inequality and historical skepticism of oligarchy.
philosophy
fromApaonline
3 months ago

To Protect Democracy from Oligarchy We Must Fight Inequality, but also Hierarchy

Oligarchy exemplifies the undue influence of wealth on politics, raising questions about decoupling wealth from political power.
more#oligarchy
Venture
fromTruthout
3 months ago

Private Equity Firms Tighten Stranglehold on US, Angling for Boons Under Trump

Private equity firms prioritize profit extraction over long-term viability of companies, impacting various sectors negatively.
Social justice
from24/7 Wall St.
3 months ago

Did Baby Boomers Really Ruin the Balance of Economic Inequality?

The 'OK boomer' phrase highlights generational frustration toward Baby Boomers and suggests a deeper look into the roots of economic inequality.
US politics
from24/7 Wall St.
3 months ago

Billionaire Investor Warns America Could Have 'Economic Heart Attack' If This Is Not Fixed in 3 Years

Ray Dalio warns that failing to reduce the government deficit to 3% of GDP could lead to an economic crisis.
fromwww.nytimes.com
4 months ago

What Trump Voters Want for the Future of America

The optics, in a country with an increasingly untenable concentration of wealth, are never great: the loyal voters... shivering on the National Mall... while the elites are whisked past security lines.
Digital life
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