#wealth-inequality

[ follow ]
#billionaires

Tax the rich do it now. Start with me | Dale Vince

Wealthy individuals are advocating for higher taxes on the super-rich to address wealth inequality.

Billionaires growing richer faster than before, says Oxfam DW 01/20/2025

Wealth inequality is sharply increasing, with billionaires shaping economic policies, leading to the forecast of trillionaires emerging within the next decade.

The 10 digit money hoarder

Billionaires hoard wealth while essential workers suffer from stagnant wages, especially in a post-pandemic economy.

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.

Tax the rich do it now. Start with me | Dale Vince

Wealthy individuals are advocating for higher taxes on the super-rich to address wealth inequality.

Billionaires growing richer faster than before, says Oxfam DW 01/20/2025

Wealth inequality is sharply increasing, with billionaires shaping economic policies, leading to the forecast of trillionaires emerging within the next decade.

The 10 digit money hoarder

Billionaires hoard wealth while essential workers suffer from stagnant wages, especially in a post-pandemic economy.

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.
morebillionaires
#trump-administration

Elon Musk is on track to be a trillionaire if America doesn't turn against him first | Arwa Mahdawi

Elon Musk's strategic political investments have significantly boosted his wealth, demonstrating the interconnectedness of business and politics.

The Robber Baron Inauguration

JD Vance's populism is undermined by his ties to wealthy elites, raising questions about genuine commitment to the working class.

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.

Why the wealth of billionaires in the Trump Cabinet matters

The incoming Trump administration's cabinet highlights the trend of wealth accumulation in political power, with significant implications for policymaking.

Report: Average Net Worth of Trump's Top 10 Economic Advisers Tops $500 Million

Trump's economic advisers are predominantly billionaires, raising concerns about their ability to represent working-class interests.

Trump Has Stuffed His Cabinet With Oligarchs Poised to Govern for Their Profit

The U.S. is characterized by a growing plutocratic oligarchy, particularly under Trump's administration of wealthy elites.

Elon Musk is on track to be a trillionaire if America doesn't turn against him first | Arwa Mahdawi

Elon Musk's strategic political investments have significantly boosted his wealth, demonstrating the interconnectedness of business and politics.

The Robber Baron Inauguration

JD Vance's populism is undermined by his ties to wealthy elites, raising questions about genuine commitment to the working class.

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.

Why the wealth of billionaires in the Trump Cabinet matters

The incoming Trump administration's cabinet highlights the trend of wealth accumulation in political power, with significant implications for policymaking.

Report: Average Net Worth of Trump's Top 10 Economic Advisers Tops $500 Million

Trump's economic advisers are predominantly billionaires, raising concerns about their ability to represent working-class interests.

Trump Has Stuffed His Cabinet With Oligarchs Poised to Govern for Their Profit

The U.S. is characterized by a growing plutocratic oligarchy, particularly under Trump's administration of wealthy elites.
moretrump-administration
#political-influence

Trump critics say inauguration optics show oligarchy in action

Silicon Valley CEOs took prominent seats at Trump's inauguration, indicating their growing influence and raising concerns about a tech oligarchy.

What is an oligarchy and is Biden right to call it a threat to US democracy?

Biden warned of a dangerous concentration of power among the ultra-wealthy that threatens democracy and fairness in America.

The Guardian view on Biden's warning of oligarchy: Trump and the malefactors of wealth | Editorial

Biden warns about the rising influence of oligarchs, threatening democracy and fairness.

Trump, a populist president, is flanked by tech billionaires at his inauguration

Tech CEOs had prominent seats at Trump's inauguration, indicating a shift in political tradition and influence of billionaires in governance.

Trump critics say inauguration optics show oligarchy in action

Silicon Valley CEOs took prominent seats at Trump's inauguration, indicating their growing influence and raising concerns about a tech oligarchy.

What is an oligarchy and is Biden right to call it a threat to US democracy?

Biden warned of a dangerous concentration of power among the ultra-wealthy that threatens democracy and fairness in America.

The Guardian view on Biden's warning of oligarchy: Trump and the malefactors of wealth | Editorial

Biden warns about the rising influence of oligarchs, threatening democracy and fairness.

Trump, a populist president, is flanked by tech billionaires at his inauguration

Tech CEOs had prominent seats at Trump's inauguration, indicating a shift in political tradition and influence of billionaires in governance.
morepolitical-influence
#climate-change

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.

World's richest use up their fair share of 2025 carbon budget in 10 days

The wealthiest 1% are significantly overusing the global carbon budget, exacerbating climate change's impact on the most vulnerable populations.

Can Earth Support a Human Future? Maybe, If the Rich Consume Less.

The wealthiest 1% contribute immensely to greenhouse gas emissions, exacerbating climate change.

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.

Spiralling inequality won't fix itself. We need a movement

The global wealth disparity is worsening, with vast concentration of wealth among billionaires amidst rising poverty.
International financial institutions are failing to address inequality while exacerbating it through harmful policies.

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.

World's richest use up their fair share of 2025 carbon budget in 10 days

The wealthiest 1% are significantly overusing the global carbon budget, exacerbating climate change's impact on the most vulnerable populations.

Can Earth Support a Human Future? Maybe, If the Rich Consume Less.

The wealthiest 1% contribute immensely to greenhouse gas emissions, exacerbating climate change.

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.

Spiralling inequality won't fix itself. We need a movement

The global wealth disparity is worsening, with vast concentration of wealth among billionaires amidst rising poverty.
International financial institutions are failing to address inequality while exacerbating it through harmful policies.
moreclimate-change
#world-economic-forum

Among the Davos protesters: An heiress who gave away her fortune and says the rich 'hold too much power'

Marlene Engelhorn protests against the World Economic Forum, advocating for taxing the superrich and highlighting the exclusion of affected individuals from decision-making.

In Davos, even some millionaires realize that economic inequality is a threat to democracy - 48 hills

Wealthy participants at Davos acknowledge the need for higher taxes on the rich to combat global issues, marking a shift in discourse.

Among the Davos protesters: An heiress who gave away her fortune and says the rich 'hold too much power'

Marlene Engelhorn protests against the World Economic Forum, advocating for taxing the superrich and highlighting the exclusion of affected individuals from decision-making.

In Davos, even some millionaires realize that economic inequality is a threat to democracy - 48 hills

Wealthy participants at Davos acknowledge the need for higher taxes on the rich to combat global issues, marking a shift in discourse.
moreworld-economic-forum
#philanthropy

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.

Warren Buffett says his white male status gave him confidence early on that he would one day become rich

Warren Buffett attributes his success largely to being born a white male in America, acknowledging the role of luck in opportunities.

How to Overcome Philanthropy's Charity Mindset - Non Profit News | Nonprofit Quarterly

Philanthropy must shift from extractive practices to collaborative, community-driven approaches in resource allocation.

Tech founder pledges to give away half his wealth to 'share' the American dream, address inequality

Jeff Atwood's philanthropy aims to combat wealth inequality and restore faith in the American dream.

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.

Warren Buffett says his white male status gave him confidence early on that he would one day become rich

Warren Buffett attributes his success largely to being born a white male in America, acknowledging the role of luck in opportunities.

How to Overcome Philanthropy's Charity Mindset - Non Profit News | Nonprofit Quarterly

Philanthropy must shift from extractive practices to collaborative, community-driven approaches in resource allocation.

Tech founder pledges to give away half his wealth to 'share' the American dream, address inequality

Jeff Atwood's philanthropy aims to combat wealth inequality and restore faith in the American dream.
morephilanthropy

The Biggest Moments from the 2025 TIME100 Dinner in Davos

The future of AI requires serious consideration of its limits and implications, particularly regarding wealth concentration and societal impact.

Trump's Inauguration Revealed Whom He Really Serves: The Billionaires and the Crypto Bros

Donald Trump's inauguration highlighted the prominence of billionaires' influence in American politics.
#economic-trends

World Will Have Five Trillionaires Soon

Wealth inequality is rising dramatically, with the richest 1% owning 45% of global wealth and millions living in poverty.

How America's wealth map has changed

Wealth inequality in America is sharply increasing, with the wealthiest cities nearly seven times richer than the poorest regions.
The GEOWEALTH-US database reveals significant geographic disparities in wealth distribution since 1960.

World Will Have Five Trillionaires Soon

Wealth inequality is rising dramatically, with the richest 1% owning 45% of global wealth and millions living in poverty.

How America's wealth map has changed

Wealth inequality in America is sharply increasing, with the wealthiest cities nearly seven times richer than the poorest regions.
The GEOWEALTH-US database reveals significant geographic disparities in wealth distribution since 1960.
moreeconomic-trends
#consumerism

It's Time to Stop Fetishizing Capitalism

Capitalism is an obsessive fixation that distorts reality, perpetuates inequality, and overlooks the suffering of the many in favor of the few.

Simon Cracker Fall/Winter 2025 Le Perle ai Porci

Simon Cracker's collection critiques the irony of wealth and consumerism in fashion, highlighting the divide between the rich and the poor.

It's Time to Stop Fetishizing Capitalism

Capitalism is an obsessive fixation that distorts reality, perpetuates inequality, and overlooks the suffering of the many in favor of the few.

Simon Cracker Fall/Winter 2025 Le Perle ai Porci

Simon Cracker's collection critiques the irony of wealth and consumerism in fashion, highlighting the divide between the rich and the poor.
moreconsumerism
#oligarchy

Why I Won't Be Watching the Clown Show That Will Be Trump's Inauguration

Biden's farewell address emphasized the dangers of a growing 'tech-industrial complex' threatening public discourse and democracy.

Biden Sounds the Alarm in Farewell Address: An Oligarchy Is Taking Shape in America'

Biden warns of an emerging oligarchy threatening democracy, emphasizing the need for accountability among the ultra-wealthy in his farewell address.

Biden bids farewell with dark warning for America the oligarchs are coming | David Smith

Biden's farewell address warns of an emerging oligarchy threatening democracy in America.

Bernie Sanders Has to Ask Three Times If Trump's Billionaire Treasury Secretary Nominee Agrees The U.S. Is An Oligarchy

The U.S. faces unprecedented wealth and income inequality, contributing to oligarchic dynamics that threaten democracy.

Yes, Trump is back. Yet I remain hopeful about America | Robert Reich

Trump's regime highlights the disturbing influence of the American oligarchy, prompting hope for increased awareness among citizens.

Musk Slammed Trump's Treasury Pick. But Is Scott Bessent Really That Moderate?

Donald Trump combines populist rhetoric with oligarchic principles, prioritizing wealth and financial metrics while surrounding himself with affluent advisors.

Why I Won't Be Watching the Clown Show That Will Be Trump's Inauguration

Biden's farewell address emphasized the dangers of a growing 'tech-industrial complex' threatening public discourse and democracy.

Biden Sounds the Alarm in Farewell Address: An Oligarchy Is Taking Shape in America'

Biden warns of an emerging oligarchy threatening democracy, emphasizing the need for accountability among the ultra-wealthy in his farewell address.

Biden bids farewell with dark warning for America the oligarchs are coming | David Smith

Biden's farewell address warns of an emerging oligarchy threatening democracy in America.

Bernie Sanders Has to Ask Three Times If Trump's Billionaire Treasury Secretary Nominee Agrees The U.S. Is An Oligarchy

The U.S. faces unprecedented wealth and income inequality, contributing to oligarchic dynamics that threaten democracy.

Yes, Trump is back. Yet I remain hopeful about America | Robert Reich

Trump's regime highlights the disturbing influence of the American oligarchy, prompting hope for increased awareness among citizens.

Musk Slammed Trump's Treasury Pick. But Is Scott Bessent Really That Moderate?

Donald Trump combines populist rhetoric with oligarchic principles, prioritizing wealth and financial metrics while surrounding himself with affluent advisors.
moreoligarchy
#social-mobility

George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee

Inherited wealth reinforces social divides and impedes mobility, as demonstrated by ex-Politician George Osborne's financial successes post-retirement.

Ex-Trump Chief of Staff Claims Elon Musk Was Born Poor'

Wealth inequality is less concerning to people than their standard of living and social mobility, according to Mick Mulvaney.

George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee

Inherited wealth reinforces social divides and impedes mobility, as demonstrated by ex-Politician George Osborne's financial successes post-retirement.

Ex-Trump Chief of Staff Claims Elon Musk Was Born Poor'

Wealth inequality is less concerning to people than their standard of living and social mobility, according to Mick Mulvaney.
moresocial-mobility

Rick Caruso Allegedly Hired Private Firefighters to Protect Restaurants Inside His Pacific Palisades Development

Billionaire Rick Caruso hired private firefighters to protect his property during the Palisades fire, igniting debate on the ethics of wealth in disaster response.
#tax-policy

Death and Taxes

The federal estate tax is losing effectiveness, collecting far less due to policy changes despite wealth growth among the richest Americans.

This Decades-Old Legal Loophole Allows Billionaires to Avoid Medicare Taxes

Billionaires on Wall Street often avoid Medicare tax obligations through complex strategies and tax loopholes, unlike most working Americans.

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.

"We Must Make the Trump Tax Cuts Permanent as Soon as Possible," GOP Rep. Says

The House Ways and Means Committee prioritizes making Trump's 2017 tax cuts permanent, aimed primarily at benefiting the wealthy.

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.

Labour's Capital Gains Tax hikes sets 'alarm bells ringing' - London Business News | Londonlovesbusiness.com

A potential increase in capital gains tax (CGT) may significantly affect everyday investors and small business owners, not just the wealthy.

Death and Taxes

The federal estate tax is losing effectiveness, collecting far less due to policy changes despite wealth growth among the richest Americans.

This Decades-Old Legal Loophole Allows Billionaires to Avoid Medicare Taxes

Billionaires on Wall Street often avoid Medicare tax obligations through complex strategies and tax loopholes, unlike most working Americans.

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.

"We Must Make the Trump Tax Cuts Permanent as Soon as Possible," GOP Rep. Says

The House Ways and Means Committee prioritizes making Trump's 2017 tax cuts permanent, aimed primarily at benefiting the wealthy.

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.

Labour's Capital Gains Tax hikes sets 'alarm bells ringing' - London Business News | Londonlovesbusiness.com

A potential increase in capital gains tax (CGT) may significantly affect everyday investors and small business owners, not just the wealthy.
moretax-policy

CEO's House Burns Down After He Pled for Private Firefighters

Wealthy individuals are increasingly isolated from shared crises, as exemplified by Wasserman's plea for private firefighters amidst widespread tragedy.

To resist the climate crisis, we must resist the billionaire class | Peter Kalmus

Climate crisis arises from fossil fuel use and extractive capitalism, affecting all life on Earth.
#housing-market

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.

The Top 20 Markets Where It's Cheaper To Rent Than Own a Single-Family Starter Home

Renting is currently cheaper than buying homes, with a significant monthly savings of over $1,000.
Despite lower monthly costs, renters do not build equity like homeowners, affecting long-term wealth.

I'm 24 with $18 million - should I invest in international properties to expand my portfolio?

Wealthy investors often purchase cheap properties, exacerbating housing affordability issues for those struggling to find homes.

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.

The Top 20 Markets Where It's Cheaper To Rent Than Own a Single-Family Starter Home

Renting is currently cheaper than buying homes, with a significant monthly savings of over $1,000.
Despite lower monthly costs, renters do not build equity like homeowners, affecting long-term wealth.

I'm 24 with $18 million - should I invest in international properties to expand my portfolio?

Wealthy investors often purchase cheap properties, exacerbating housing affordability issues for those struggling to find homes.
morehousing-market
#local-news

Without Transformative Local Media, Our Communities Are Vulnerable

The ultrarich are gaining wealth while the working class struggles economically, highlighting a growing disparity that needs urgent attention.

Trump's Education Priorities, Foundation Aid, and Mayoral Control

New York embodies stark contrasts in wealth, diversity, and governance.
Local news decline threatens transparency and citizen awareness in New York.

Without Transformative Local Media, Our Communities Are Vulnerable

The ultrarich are gaining wealth while the working class struggles economically, highlighting a growing disparity that needs urgent attention.

Trump's Education Priorities, Foundation Aid, and Mayoral Control

New York embodies stark contrasts in wealth, diversity, and governance.
Local news decline threatens transparency and citizen awareness in New York.
morelocal-news

Number of Registered Lobbyists Jumps to Record High in California in 2024

California experienced a 10% increase in registered lobbyists in 2023-24, largely due to legislative turnover and increased advocacy needs.
#economic-policy

People With Extreme Wealth Should Give It Away-or Be Penalized

Wealth concentration reached a record with 2,781 billionaires holding $14.2 trillion; concern grows over income inequality.

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.

Building an Economy with Purpose: The Transformative Potential of Baby Bonds - Non Profit News | Nonprofit Quarterly

The article advocates for baby bonds as a transformative tool for reducing wealth inequality and promoting equitable economic policies.

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.

People With Extreme Wealth Should Give It Away-or Be Penalized

Wealth concentration reached a record with 2,781 billionaires holding $14.2 trillion; concern grows over income inequality.

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.

Building an Economy with Purpose: The Transformative Potential of Baby Bonds - Non Profit News | Nonprofit Quarterly

The article advocates for baby bonds as a transformative tool for reducing wealth inequality and promoting equitable economic policies.

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.
moreeconomic-policy

'Squid Game:' Season 1 Recap: What to Remember Before Season 2

Squid Game season 2 premieres on December 26, continues exploring themes of wealth inequality and desperation.
#education

Documents Show How Top Colleges Secretly Admit Terrible Students, as Long as They're Wealthy

Top universities are accused of favoring wealthy applicants in admissions over higher-performing, lower-income peers.
Some universities have settled lawsuits that call out their admissions practices favoring the rich.
Allegations include detailed lists of favored applicants, disregarding academic qualifications for financial connections.

27 Confessions From A Scholarship Student At A School For The Super-Rich

r/AMA provides valuable insights, empathy, and diverse perspectives, contrasting personal experiences with wealth realities in different social strata.

Documents Show How Top Colleges Secretly Admit Terrible Students, as Long as They're Wealthy

Top universities are accused of favoring wealthy applicants in admissions over higher-performing, lower-income peers.
Some universities have settled lawsuits that call out their admissions practices favoring the rich.
Allegations include detailed lists of favored applicants, disregarding academic qualifications for financial connections.

27 Confessions From A Scholarship Student At A School For The Super-Rich

r/AMA provides valuable insights, empathy, and diverse perspectives, contrasting personal experiences with wealth realities in different social strata.
moreeducation

Americans under 40 are richer than ever, but still feeling money woes

Young Americans are wealthier than ever yet feel economically fragile due to rising costs and job market challenges.

The big picture: Tony Docekal explores community and freedom in the US west

Docekal's work juxtaposes societal ideals of freedom with the harsh realities of poverty, examining true prosperity as rooted in community rather than material wealth.
#social-media

The Luigi problem - 48 hills

The celebration of a corporate executive's murder reflects deep-rooted anger towards wealth inequality and the health insurance sector.

The UnitedHealthcare shooter got exactly what he wanted

The glorification of accused criminals in media can contribute to a harmful cycle of violence and societal unrest.

The Luigi problem - 48 hills

The celebration of a corporate executive's murder reflects deep-rooted anger towards wealth inequality and the health insurance sector.

The UnitedHealthcare shooter got exactly what he wanted

The glorification of accused criminals in media can contribute to a harmful cycle of violence and societal unrest.
moresocial-media

How One of the World's Richest Men Is Avoiding $8 Billion in Taxes

Jensen Huang's estate tax strategy exemplifies how the ultrawealthy evade significant tax burdens, impacting government revenue.

Letters: New Gilded Age

The article critiques the glorification of wealth and challenges current societal values regarding affluence and safety in the dairy industry.

I'm a life coach for the children of the ultrawealthy. I see the same problems over and over again.

Children of the ultrawealthy often face unique emotional struggles that traditional therapy cannot address.
Life coaching can help these clients take action and engage with their emotions productively.

Billionaires are most likely to live in one of these 8 wealthy cities

The wealth gap is increasing as billionaires continue to thrive amidst economic struggles faced by the general population.
#government-policy

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.

Darragh McCullough: Let's put a cap on farm inheritance tax relief to stop the super-rich hoovering up farmland - but it needs to be up around 5m

Capping land relief at €5m targets the ultra-wealthy, easing discontent from the €1m limit.

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.

Darragh McCullough: Let's put a cap on farm inheritance tax relief to stop the super-rich hoovering up farmland - but it needs to be up around 5m

Capping land relief at €5m targets the ultra-wealthy, easing discontent from the €1m limit.
moregovernment-policy
#inheritance-tax

Farmers have hoarded land for too long. Inheritance tax will bring new life to rural Britain | Will Hutton

The conversation on society's good is increasingly dominated by wealth interests, undermining collective well-being.

Look at the farmers' protest, and then ask yourself: how will we ever make tax fairer amid such grumbling? | Polly Toynbee

IHT protests reflect deep societal dissatisfaction with wealth inequality and call for tax reforms.

All these sad stories of the stricken rich prove one thing: Labour's budget is on the money | Polly Toynbee

Labour's tax policies aim to address wealth inequality by targeting affluent families and businesses for the funding of public services.

Farmers have hoarded land for too long. Inheritance tax will bring new life to rural Britain | Will Hutton

The conversation on society's good is increasingly dominated by wealth interests, undermining collective well-being.

Look at the farmers' protest, and then ask yourself: how will we ever make tax fairer amid such grumbling? | Polly Toynbee

IHT protests reflect deep societal dissatisfaction with wealth inequality and call for tax reforms.

All these sad stories of the stricken rich prove one thing: Labour's budget is on the money | Polly Toynbee

Labour's tax policies aim to address wealth inequality by targeting affluent families and businesses for the funding of public services.
moreinheritance-tax

G20: Lula faces high stakes on climate, taxing billionaires DW 11/14/2024

Lula aims to advance a tax on billionaires to combat global inequality at the G20 summit.

Digested week: Trump-voting trad wives and the fabulously monstrous Martha Stewart

Trump's re-election highlights deep societal divides and the impact of wealth inequality on American politics.

Thursday Morning What's Up: SFPD Seizes Four Pounds of Fentanyl In Bust

SFPD arrests three individuals and seizes over four pounds of suspected fentanyl amid ongoing narcotics trafficking concerns.
Protests at UC Berkeley show student engagement in political issues following election outcomes.
Debates over Oakland Airport's name reflect broader regional identity discussions.

Dave Ramsey gives this direct and perfectly accurate take on the reason behind why rich people stay rich

Compounding is a crucial factor that allows the wealthy to grow their wealth, even during tough economic times.

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.
#labour-party

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.

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.

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.
morelabour-party

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.

Orson Welles Narrates an Animated Parable About How Xenophobia & Greed Will Put America Into Decline (1971)

'Freedom River' remains relevant, reflecting ongoing issues of xenophobia, race, and wealth in America.

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.

The game remains the same

The primary goal of division is to distract the public and maintain power among the elite.

3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality

Daron Acemoglu, Simon Johnson, and James A. Robinson won the 2024 Nobel Prize for their research on how institutions influence wealth inequality.
from Coindesk
3 months ago

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.

Fionnan Sheahan: Morally bankrupt, fiscally amnesiac and nakedly political - Budget 2025 has more money than sense in attempt to buy election

A €1.4m security hut raises concerns about financial prioritization at the Department of Finance under Paschal Donohoe.

How Proposed SEC Disclosure Requirements Could Help Workers

The SEC's human capital management disclosures may improve labor market transparency and help employees assess working conditions.

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.
[ Load more ]