#wealthiest — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wealthiest, aggregated by home.social.
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“In 1910, the top 0.00001% #wealthiest #Americans … owned wealth equivalent to 4% of #US #national #income. Today that same fraction of the population – which now includes 19 households – own the equivalent of 14% of US #nationalincome in #wealth” open.substack.com/pub/gzucman/... #inequality #tax
djdjd -
“In 1910, the top 0.00001% #wealthiest #Americans … owned wealth equivalent to 4% of #US #national #income. Today that same fraction of the population – which now includes 19 households – own the equivalent of 14% of US #nationalincome in #wealth” open.substack.com/pub/gzucman/... #inequality #tax
djdjd -
“In 1910, the top 0.00001% #wealthiest #Americans … owned wealth equivalent to 4% of #US #national #income. Today that same fraction of the population – which now includes 19 households – own the equivalent of 14% of US #nationalincome in #wealth” open.substack.com/pub/gzucman/... #inequality #tax
djdjd -
“In 1910, the top 0.00001% #wealthiest #Americans … owned wealth equivalent to 4% of #US #national #income. Today that same fraction of the population – which now includes 19 households – own the equivalent of 14% of US #nationalincome in #wealth” open.substack.com/pub/gzucman/... #inequality #tax
djdjd -
the #wealthiest men in the #world told you that the lowest #paid #people were hoarding all of the #money and you believed them.
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Why baby boomers are the wealthiest generation – The Washington Post
How baby boomers got so rich and why their kids are unlikely to catch up
The wealthiest generation holds more than $85 trillion in assets thanks to economic conditions Gen X, millennials and others would be hard-pressed to replicate.
November 18, 2025 at 5:00 a.m. EST, Yesterday at 5:00 a.m. EST, 7 min
(Washington Post illustration; iStock)By Shannon Najmabadi and Federica Cocco
Get a curated selection of 10 of our best stories in your inbox every weekend.
The reasons come down to timing and time: Americans 75 and older bought homes and invested in stocks well before such assets exploded in value, according to Edward Wolff, an economics professor at New York University. In a working paper for the National Bureau of Economic Research, he examined the four decades between 1983 and 2022 when those older boomers saw their wealth climb and their younger peers recorded relative declines.
“It’s astonishing how their relative wealth has taken off in the last 30-plus years,” Wolff said. “They started out as among the poorest groups in terms of wealth back in 1983.”
The wealth of baby boomers — especially those in retirement —is a reflection of the uniquely favorable economic conditions that occurred during their working lives, Wolff and other economists said. So much so that it would be difficult for younger generations to emulate, especially as they are more likely to be weighed down by debt or child care costs.
Housing costs also factor into the widening divide between baby boomers (born from 1946 to 1964) and everyone else, experts say. Generation X (1965 to 1980), millennials (1981 to 1996) and their successors increasingly dedicate a bigger portion of their budgets to mortgage or rent.
People might assume boomers’ wealth reflects superior financial decision-making, if they don’t consider the historical context that allowed boomers to build their wealth over decades, said Olivia Mitchell, professor of business economics and public policy at the University of Pennsylvania’s Wharton School.
Editor’s Note: Read the rest of the story, at the below link.
Continue/Read Original Article Here: Why baby boomers are the wealthiest generation – The Washington Post
#babyBoom #babyBoomers #boomerKids #boughtHomes #childrenOfBoomers #economicConditions #economy #federicaCocco #generation #housingCosts #nationalBureauOfEconomicResearch #rich #shannonNajmabadi #stockInvestments #wealth #wealthiest #workingLives
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Why baby boomers are the wealthiest generation – The Washington Post
How baby boomers got so rich and why their kids are unlikely to catch up
The wealthiest generation holds more than $85 trillion in assets thanks to economic conditions Gen X, millennials and others would be hard-pressed to replicate.
November 18, 2025 at 5:00 a.m. EST, Yesterday at 5:00 a.m. EST, 7 min
(Washington Post illustration; iStock)By Shannon Najmabadi and Federica Cocco
Get a curated selection of 10 of our best stories in your inbox every weekend.
The reasons come down to timing and time: Americans 75 and older bought homes and invested in stocks well before such assets exploded in value, according to Edward Wolff, an economics professor at New York University. In a working paper for the National Bureau of Economic Research, he examined the four decades between 1983 and 2022 when those older boomers saw their wealth climb and their younger peers recorded relative declines.
“It’s astonishing how their relative wealth has taken off in the last 30-plus years,” Wolff said. “They started out as among the poorest groups in terms of wealth back in 1983.”
The wealth of baby boomers — especially those in retirement —is a reflection of the uniquely favorable economic conditions that occurred during their working lives, Wolff and other economists said. So much so that it would be difficult for younger generations to emulate, especially as they are more likely to be weighed down by debt or child care costs.
Housing costs also factor into the widening divide between baby boomers (born from 1946 to 1964) and everyone else, experts say. Generation X (1965 to 1980), millennials (1981 to 1996) and their successors increasingly dedicate a bigger portion of their budgets to mortgage or rent.
People might assume boomers’ wealth reflects superior financial decision-making, if they don’t consider the historical context that allowed boomers to build their wealth over decades, said Olivia Mitchell, professor of business economics and public policy at the University of Pennsylvania’s Wharton School.
Editor’s Note: Read the rest of the story, at the below link.
Continue/Read Original Article Here: Why baby boomers are the wealthiest generation – The Washington Post
#babyBoom #babyBoomers #boomerKids #boughtHomes #childrenOfBoomers #economicConditions #economy #federicaCocco #generation #housingCosts #nationalBureauOfEconomicResearch #rich #shannonNajmabadi #stockInvestments #wealth #wealthiest #workingLives
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#OnThisDay Vasco da Gama started his journey on the first direct European voyage to India (1497).
First issue of Wall Street Journal was published (1889).
Birth Anniversary of John D. Rockefeller (1839) - widely considered the #Wealthiest American of all time, and the richest person in modern history.
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The #wealthiest #generation thinks they have it harder
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Africa's Wealthiest Nation Halves Its Oil Refining Operations #EastAfrica #SouthernAfrica #WestAfrica #Africas #Halves #Nation #oil #operations #Refining #Wealthiest
https://tinyurl.com/2xm8paqk -
South Africa's Wealthiest: Johann Rupert Sees Billion-Dollar Boost #EastAfrica #NorthAfrica #SouthernAfrica #WestAfrica #Africas #BillionDollar #boost #Johann #Rupert #sees #South #Wealthiest
https://tinyurl.com/249ck7ay -
Thousands in #Midwestern #GOP Districts Attend #Sanders' First Stops on Tour to Fight #Oligarchy
"It's like there's only one person who is actually able to sidestep the demoralization and frustration," said one observer.
Julia Conley, Feb 22, 2025
"After addressing more than 3,400 #Nebraska residents in Omaha Friday evening, U.S. Sen. Bernie Sanders on Saturday made his second stop on his National Tour to Fight Oligarchy—telling Iowa City, #Iowa residents that '#Trumpism will not be defeated by politicians inside the #DCBeltway.'
"'For better or worse, that is not going to happen,' said the Vermont Independent senator, whose broadly popular policy proposals have long been dismissed by Democratic leaders as unrealistic and radical while President Donald Trump has increasingly captured the attention of the #WorkingClass Americans who would benefit most from Sanders' ideas.
"'It will only be defeated by millions of Americans in Iowa, in #Vermont, in Nebraska, in every state in this country, who come together in a strong #grassroots movement and say no to oligarchy, no to #authoritarianism, no to #kleptocracy, no to massive cuts to programs that #LowIncome and working Americans desperately need, no to huge #TaxBreaks for the #wealthiest people in this country,' said Sanders.
"The senator announced his tour earlier this month as #ElonMusk, the head of the Trump-created Department of Government Efficiency ( #DOGE) who poured $277 million on the president's campaign, swept through numerous agencies, with DOGE staffers setting up illegal servers, seizing control of data, shutting federal employees out of offices, and working to shut down operations across the government.
"Since Trump took office for his second term just over a month ago, roughly 30,000 federal employees have been fired or laid off—part of Musk's push to cut $2 trillion in federal spending in order to fill the $4.6 trillion hole that Trump's extension of the 2017 tax cuts would blow in the deficit.
"#Republican lawmakers have also pushed to include cuts to #Medicaid, and Trump this week signaled he would back #Medicare cuts after repeatedly insisting he would not slash the popular healthcare program used by more than 65 million Americans, in order to save money while handing out tax cuts to the same #corporations and #ultrawealthy households that benefited from the 2017 tax law.
"'Today in America we are rapidly moving toward an #oligarchic form of society where a handful of #multibillionaires not only have extraordinary wealth, but unprecedented economic, media, and political power,' said Sanders in Iowa City, which like Omaha is represented by a Republican U.S. House member who narrowly won reelection last November and has faced pressure to reject the GOP budget plan. 'Brothers and sisters, that is not the democracy that men and women fought and died to defend.'"
Read more:
https://www.commondreams.org/news/bernie-sanders-donald-trump
#Oligarchy #OligarchyTour #StillSanders #BernieSanders #USPol #CorporateInterests #Corporatocracy #CorporateColonialism -
Thousands in #Midwestern #GOP Districts Attend #Sanders' First Stops on Tour to Fight #Oligarchy
"It's like there's only one person who is actually able to sidestep the demoralization and frustration," said one observer.
Julia Conley, Feb 22, 2025
"After addressing more than 3,400 #Nebraska residents in Omaha Friday evening, U.S. Sen. Bernie Sanders on Saturday made his second stop on his National Tour to Fight Oligarchy—telling Iowa City, #Iowa residents that '#Trumpism will not be defeated by politicians inside the #DCBeltway.'
"'For better or worse, that is not going to happen,' said the Vermont Independent senator, whose broadly popular policy proposals have long been dismissed by Democratic leaders as unrealistic and radical while President Donald Trump has increasingly captured the attention of the #WorkingClass Americans who would benefit most from Sanders' ideas.
"'It will only be defeated by millions of Americans in Iowa, in #Vermont, in Nebraska, in every state in this country, who come together in a strong #grassroots movement and say no to oligarchy, no to #authoritarianism, no to #kleptocracy, no to massive cuts to programs that #LowIncome and working Americans desperately need, no to huge #TaxBreaks for the #wealthiest people in this country,' said Sanders.
"The senator announced his tour earlier this month as #ElonMusk, the head of the Trump-created Department of Government Efficiency ( #DOGE) who poured $277 million on the president's campaign, swept through numerous agencies, with DOGE staffers setting up illegal servers, seizing control of data, shutting federal employees out of offices, and working to shut down operations across the government.
"Since Trump took office for his second term just over a month ago, roughly 30,000 federal employees have been fired or laid off—part of Musk's push to cut $2 trillion in federal spending in order to fill the $4.6 trillion hole that Trump's extension of the 2017 tax cuts would blow in the deficit.
"#Republican lawmakers have also pushed to include cuts to #Medicaid, and Trump this week signaled he would back #Medicare cuts after repeatedly insisting he would not slash the popular healthcare program used by more than 65 million Americans, in order to save money while handing out tax cuts to the same #corporations and #ultrawealthy households that benefited from the 2017 tax law.
"'Today in America we are rapidly moving toward an #oligarchic form of society where a handful of #multibillionaires not only have extraordinary wealth, but unprecedented economic, media, and political power,' said Sanders in Iowa City, which like Omaha is represented by a Republican U.S. House member who narrowly won reelection last November and has faced pressure to reject the GOP budget plan. 'Brothers and sisters, that is not the democracy that men and women fought and died to defend.'"
Read more:
https://www.commondreams.org/news/bernie-sanders-donald-trump
#Oligarchy #OligarchyTour #StillSanders #BernieSanders #USPol #CorporateInterests #Corporatocracy #CorporateColonialism -
Thousands in #Midwestern #GOP Districts Attend #Sanders' First Stops on Tour to Fight #Oligarchy
"It's like there's only one person who is actually able to sidestep the demoralization and frustration," said one observer.
Julia Conley, Feb 22, 2025
"After addressing more than 3,400 #Nebraska residents in Omaha Friday evening, U.S. Sen. Bernie Sanders on Saturday made his second stop on his National Tour to Fight Oligarchy—telling Iowa City, #Iowa residents that '#Trumpism will not be defeated by politicians inside the #DCBeltway.'
"'For better or worse, that is not going to happen,' said the Vermont Independent senator, whose broadly popular policy proposals have long been dismissed by Democratic leaders as unrealistic and radical while President Donald Trump has increasingly captured the attention of the #WorkingClass Americans who would benefit most from Sanders' ideas.
"'It will only be defeated by millions of Americans in Iowa, in #Vermont, in Nebraska, in every state in this country, who come together in a strong #grassroots movement and say no to oligarchy, no to #authoritarianism, no to #kleptocracy, no to massive cuts to programs that #LowIncome and working Americans desperately need, no to huge #TaxBreaks for the #wealthiest people in this country,' said Sanders.
"The senator announced his tour earlier this month as #ElonMusk, the head of the Trump-created Department of Government Efficiency ( #DOGE) who poured $277 million on the president's campaign, swept through numerous agencies, with DOGE staffers setting up illegal servers, seizing control of data, shutting federal employees out of offices, and working to shut down operations across the government.
"Since Trump took office for his second term just over a month ago, roughly 30,000 federal employees have been fired or laid off—part of Musk's push to cut $2 trillion in federal spending in order to fill the $4.6 trillion hole that Trump's extension of the 2017 tax cuts would blow in the deficit.
"#Republican lawmakers have also pushed to include cuts to #Medicaid, and Trump this week signaled he would back #Medicare cuts after repeatedly insisting he would not slash the popular healthcare program used by more than 65 million Americans, in order to save money while handing out tax cuts to the same #corporations and #ultrawealthy households that benefited from the 2017 tax law.
"'Today in America we are rapidly moving toward an #oligarchic form of society where a handful of #multibillionaires not only have extraordinary wealth, but unprecedented economic, media, and political power,' said Sanders in Iowa City, which like Omaha is represented by a Republican U.S. House member who narrowly won reelection last November and has faced pressure to reject the GOP budget plan. 'Brothers and sisters, that is not the democracy that men and women fought and died to defend.'"
Read more:
https://www.commondreams.org/news/bernie-sanders-donald-trump
#Oligarchy #OligarchyTour #StillSanders #BernieSanders #USPol #CorporateInterests #Corporatocracy #CorporateColonialism -
Thousands in #Midwestern #GOP Districts Attend #Sanders' First Stops on Tour to Fight #Oligarchy
"It's like there's only one person who is actually able to sidestep the demoralization and frustration," said one observer.
Julia Conley, Feb 22, 2025
"After addressing more than 3,400 #Nebraska residents in Omaha Friday evening, U.S. Sen. Bernie Sanders on Saturday made his second stop on his National Tour to Fight Oligarchy—telling Iowa City, #Iowa residents that '#Trumpism will not be defeated by politicians inside the #DCBeltway.'
"'For better or worse, that is not going to happen,' said the Vermont Independent senator, whose broadly popular policy proposals have long been dismissed by Democratic leaders as unrealistic and radical while President Donald Trump has increasingly captured the attention of the #WorkingClass Americans who would benefit most from Sanders' ideas.
"'It will only be defeated by millions of Americans in Iowa, in #Vermont, in Nebraska, in every state in this country, who come together in a strong #grassroots movement and say no to oligarchy, no to #authoritarianism, no to #kleptocracy, no to massive cuts to programs that #LowIncome and working Americans desperately need, no to huge #TaxBreaks for the #wealthiest people in this country,' said Sanders.
"The senator announced his tour earlier this month as #ElonMusk, the head of the Trump-created Department of Government Efficiency ( #DOGE) who poured $277 million on the president's campaign, swept through numerous agencies, with DOGE staffers setting up illegal servers, seizing control of data, shutting federal employees out of offices, and working to shut down operations across the government.
"Since Trump took office for his second term just over a month ago, roughly 30,000 federal employees have been fired or laid off—part of Musk's push to cut $2 trillion in federal spending in order to fill the $4.6 trillion hole that Trump's extension of the 2017 tax cuts would blow in the deficit.
"#Republican lawmakers have also pushed to include cuts to #Medicaid, and Trump this week signaled he would back #Medicare cuts after repeatedly insisting he would not slash the popular healthcare program used by more than 65 million Americans, in order to save money while handing out tax cuts to the same #corporations and #ultrawealthy households that benefited from the 2017 tax law.
"'Today in America we are rapidly moving toward an #oligarchic form of society where a handful of #multibillionaires not only have extraordinary wealth, but unprecedented economic, media, and political power,' said Sanders in Iowa City, which like Omaha is represented by a Republican U.S. House member who narrowly won reelection last November and has faced pressure to reject the GOP budget plan. 'Brothers and sisters, that is not the democracy that men and women fought and died to defend.'"
Read more:
https://www.commondreams.org/news/bernie-sanders-donald-trump
#Oligarchy #OligarchyTour #StillSanders #BernieSanders #USPol #CorporateInterests #Corporatocracy #CorporateColonialism -
Thousands in #Midwestern #GOP Districts Attend #Sanders' First Stops on Tour to Fight #Oligarchy
"It's like there's only one person who is actually able to sidestep the demoralization and frustration," said one observer.
Julia Conley, Feb 22, 2025
"After addressing more than 3,400 #Nebraska residents in Omaha Friday evening, U.S. Sen. Bernie Sanders on Saturday made his second stop on his National Tour to Fight Oligarchy—telling Iowa City, #Iowa residents that '#Trumpism will not be defeated by politicians inside the #DCBeltway.'
"'For better or worse, that is not going to happen,' said the Vermont Independent senator, whose broadly popular policy proposals have long been dismissed by Democratic leaders as unrealistic and radical while President Donald Trump has increasingly captured the attention of the #WorkingClass Americans who would benefit most from Sanders' ideas.
"'It will only be defeated by millions of Americans in Iowa, in #Vermont, in Nebraska, in every state in this country, who come together in a strong #grassroots movement and say no to oligarchy, no to #authoritarianism, no to #kleptocracy, no to massive cuts to programs that #LowIncome and working Americans desperately need, no to huge #TaxBreaks for the #wealthiest people in this country,' said Sanders.
"The senator announced his tour earlier this month as #ElonMusk, the head of the Trump-created Department of Government Efficiency ( #DOGE) who poured $277 million on the president's campaign, swept through numerous agencies, with DOGE staffers setting up illegal servers, seizing control of data, shutting federal employees out of offices, and working to shut down operations across the government.
"Since Trump took office for his second term just over a month ago, roughly 30,000 federal employees have been fired or laid off—part of Musk's push to cut $2 trillion in federal spending in order to fill the $4.6 trillion hole that Trump's extension of the 2017 tax cuts would blow in the deficit.
"#Republican lawmakers have also pushed to include cuts to #Medicaid, and Trump this week signaled he would back #Medicare cuts after repeatedly insisting he would not slash the popular healthcare program used by more than 65 million Americans, in order to save money while handing out tax cuts to the same #corporations and #ultrawealthy households that benefited from the 2017 tax law.
"'Today in America we are rapidly moving toward an #oligarchic form of society where a handful of #multibillionaires not only have extraordinary wealth, but unprecedented economic, media, and political power,' said Sanders in Iowa City, which like Omaha is represented by a Republican U.S. House member who narrowly won reelection last November and has faced pressure to reject the GOP budget plan. 'Brothers and sisters, that is not the democracy that men and women fought and died to defend.'"
Read more:
https://www.commondreams.org/news/bernie-sanders-donald-trump
#Oligarchy #OligarchyTour #StillSanders #BernieSanders #USPol #CorporateInterests #Corporatocracy #CorporateColonialism -
How #America’s #wealth map has changed
The #wealthiest cities in the #US. are almost seven times #richer than the #poorest regions, a disparity that has nearly doubled since 1960.
https://www.fastcompany.com/91262157/americas-wealth-map-changed
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How #America’s #wealth map has changed
The #wealthiest cities in the #US. are almost seven times #richer than the #poorest regions, a disparity that has nearly doubled since 1960.
https://www.fastcompany.com/91262157/americas-wealth-map-changed
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How #America’s #wealth map has changed
The #wealthiest cities in the #US. are almost seven times #richer than the #poorest regions, a disparity that has nearly doubled since 1960.
https://www.fastcompany.com/91262157/americas-wealth-map-changed
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How #America’s #wealth map has changed
The #wealthiest cities in the #US. are almost seven times #richer than the #poorest regions, a disparity that has nearly doubled since 1960.
https://www.fastcompany.com/91262157/americas-wealth-map-changed
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How #America’s #wealth map has changed
The #wealthiest cities in the #US. are almost seven times #richer than the #poorest regions, a disparity that has nearly doubled since 1960.
https://www.fastcompany.com/91262157/americas-wealth-map-changed
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World’s #richest use up their fair share of 2025 #carbon budget in 10 days
In less than a week and a half, the consumption habits of an individual from this monied elite had already caused, on average, 2.1 tonnes of #carbondioxide emissions, according to analysis by Oxfam GB.
#Emissions caused by #wealthiest 1% so far this year would take someone from poorest 50% three years to create
https://www.theguardian.com/environment/2025/jan/10/worlds-richest-use-up-their-fair-share-of-2025-carbon-budget-in-10-days
#Greenhousegas #climatechange #climatecrisis #climate -
#Carbonemissions of richest 1% increase #hunger, #poverty and #deaths, says #Oxfam
Consumption of world’s #wealthiest people also making it increasingly difficult to limit #globalheating to 1.5C
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IN CONTEXT "Sixty of the #wealthiest people in the #UK collectively contributed more than £3bn a year in income #tax", which is less than 1% of their wealth. https://www.bbc.com/news/articles/cqlvggr9qz5o
The richest 100 people in the UK are as rich as the poorest 19 MILLION people.
The richest 350 individuals and families together hold a combined wealth of £795bn – a sum larger than the annual GDP of #Poland.
More than half of the richest did not work for their #wealth, but inherited it. https://highpaycentre.org/reading-the-rich-list-hpc-analysis-of-the-wealthiest-households-in-britain/
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As a child, Mathew Desmond experienced poverty firsthand.
He saw his family home repossessed and endured the stresses and humiliations of his family’s lack of means.
It raised the question that he would go on to dedicate his professional life to answering:
❓Why is there such stark #inequality in America?❓
The hard truth, he said, is that
💥so many of us benefit from it.💥Desmond shared a litany of statistics illustrating the growing burden of poverty and inequality in the United States:
• 1 in 3 families live in a household that has an income of $55,000 a year or less.
• 38 million people are below the federal poverty level of $30,000 for a family of four.
• Evictions have increased by 22% since the turn of the century.
• The number of public-school kids who are unhoused has increased by 74% since the turn of century.
• The amount of inflation-adjusted, non-mortgage debt has increased by more than 200% -- and the number of families reporting no income apart from food stamps has quadrupled since the 2008 recession.
• Since 1985, rent increases have outpaced wage growth by 325%.
• Each year, people are charged $11 billion in overdraft fees and $10 billion in payday loan fees.“So, here's one reason there's so much poverty in America today:
because the poor are #exploited,”
said Desmond, author of the Pulitzer Prize-winning book "Evicted" and his more recent work "Poverty, by America".“I think it's a word we should use more.”
👉The exploitation is perpetuated, not only by the corporations, financial institutions, and landlords who withhold fair wages, charge exorbitant fees, and profit off those in poverty,
👉but also by affluent Americans who benefit from the exploitation, he said.Desmond quoted an analogy from novelist Tommy Orange,
“Kids are jumping out the windows of burning buildings, falling to their deaths. And we think the problem is that they’re jumping.”
🔥The American approach to poverty has often been to focus on those who are poor and what they can do to uplift themselves -- rather than changing the systems that keep them poor.
This can be uncomfortable for those whose #property #values are protected by ⚠️segregation of affordable housing,
those who have invested in the #stock #market and make money when ⚠️exploitative corporations net profits,
and those with #free #checking #accounts that are ⚠️subsidized by the poor who pay fees for their lack of capital, he explained.The affluent also benefit from government subsidies more than the poor, he said.
According to Desmond, the #wealthiest families in the United States receive an average of about 🔷$35,000 annually in tax benefits, while the #poorest get an average of ♦️$25,000 in subsidies.
These are realized in #mortgage #incentives, special #investment #accounts, like #529 accounts that help pay for college, and other #tax #breaks for the wealthy.
Many affluent families further contribute to poverty by building communities that exclude and marginalize the poor
— pushing them out of their neighborhoods using #zoning ordinances, Desmond saidhttps://www.aamc.org/news/we-can-solve-poverty-america-we-just-don-t-want
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#Brazil wants to #tax the #world's #wealthiest 3,000 #people. Here's how that #money could #changetheworld
From #socialhousing to #funding the #environmental #plans of half a dozen major #nations, here's just a few ways to spend the money that would be generated by #Brazil's #billionaire #tax
#Women #Transgender #LGBTQ #LGBTQIA #SouthAmerica #Brazil #WealthTax
https://www.bigissue.com/news/politics/brazil-billionaire-wealth-tax-environment-child-poverty/
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People with no #compasion who won't share with other #cultures who are in dire need of #safety, should move to the moon. #Charity does begin at #home & should extend to #refugees in need. Why then do we give all our #resouces inc. #money to the #wealthiest & #elite? If we didn't do that our #poor & genuine others could have #essentials. The real #UsAndThem: elite/wealthy & the rest of us & don't let them #brainwash you to think it's between 2 groups of struggling #poor. https://www.theguardian.com/politics/article/2024/jul/02/rees-mogg-tories-build-wall-english-channel-donald-trump-biden
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The 30 #Wealthiest #LGBTQ #Stars.
Honestly, it might surprise you just how many #highrolling #bigshot #celebrities are actually #LGBTQ+. There are a few LGBTQ+ celebrities that are worth #billions of #dollars! Crazy, right?
#Women #Lesbians #Bisexuals #Gay #Queer #Transgender #LGBTQ #LGBTQIA #Entertainment #Music #TV #Movies #Representation #Culture
https://living.alot.com/entertainment/the-30-wealthiest-lgbtq-stars--17457
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The world could get its first #trillionaire within 10 years
Some measures #Oxfam said should be considered to reduce global #inequality include permanent #taxation of #wealthiest in every country, more effective taxation of big corporations and a renewed drive against #tax avoidance. "To end extreme inequality, governments must radically redistribute the power of #billionaires and corporations back to ordinary people," reports Oxfam.
https://apnews.com/article/income-inequality-billionaires-davos-85baf23e9a2a7d4d94da5aca11f3ca5e -
In the World’s #Wealthiest Country, #Housing Should Be a #HumanRight and a Community Builder
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#Trump Falls Off @Forbes List of America’s 400 #Wealthiest People After #TruthSocial’s #Value Tanks
https://www.mediaite.com/trump/trump-falls-off-forbes-list-of-americas-400-wealthiest-people-after-truth-socials-value-tanks/ -
The Five Biggest #Corporate Lies About #Unions
https://youtu.be/UwwymqpS45c
Unions are actually good for everyone, except for the #wealthiest and #greediest. -
The Five Biggest #Corporate Lies About #Unions
https://youtu.be/UwwymqpS45c
Unions are actually good for everyone, except for the #wealthiest and #greediest. -
The Five Biggest #Corporate Lies About #Unions
https://youtu.be/UwwymqpS45c
Unions are actually good for everyone, except for the #wealthiest and #greediest. -
The Five Biggest #Corporate Lies About #Unions
https://youtu.be/UwwymqpS45c
Unions are actually good for everyone, except for the #wealthiest and #greediest. -
The Five Biggest #Corporate Lies About #Unions
https://youtu.be/UwwymqpS45c
Unions are actually good for everyone, except for the #wealthiest and #greediest. -
A new study, led by the University of Massachusetts Amherst, reveals that the #wealthiest Americans, those whose income places them in the top 10% of earners, are responsible for 40% of the nation's total #greenhousegas #emissions. The study, published in PLOS #Climate, is the first to link income, especially income derived from #financialinvestments, to the emissions used in generating that income. https://phys.org/news/2023-08-reveals-america-wealthiest-responsible-greenhouse.html #wealth #ClimtateCrisis #environment
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A new study, led by the University of Massachusetts Amherst, reveals that the #wealthiest Americans, those whose income places them in the top 10% of earners, are responsible for 40% of the nation's total #greenhousegas #emissions. The study, published in PLOS #Climate, is the first to link income, especially income derived from #financialinvestments, to the emissions used in generating that income. https://phys.org/news/2023-08-reveals-america-wealthiest-responsible-greenhouse.html #wealth #ClimtateCrisis #environment
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A new study, led by the University of Massachusetts Amherst, reveals that the #wealthiest Americans, those whose income places them in the top 10% of earners, are responsible for 40% of the nation's total #greenhousegas #emissions. The study, published in PLOS #Climate, is the first to link income, especially income derived from #financialinvestments, to the emissions used in generating that income. https://phys.org/news/2023-08-reveals-america-wealthiest-responsible-greenhouse.html #wealth #ClimtateCrisis #environment
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A new study, led by the University of Massachusetts Amherst, reveals that the #wealthiest Americans, those whose income places them in the top 10% of earners, are responsible for 40% of the nation's total #greenhousegas #emissions. The study, published in PLOS #Climate, is the first to link income, especially income derived from #financialinvestments, to the emissions used in generating that income. https://phys.org/news/2023-08-reveals-america-wealthiest-responsible-greenhouse.html #wealth #ClimtateCrisis #environment
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A new study, led by the University of Massachusetts Amherst, reveals that the #wealthiest Americans, those whose income places them in the top 10% of earners, are responsible for 40% of the nation's total #greenhousegas #emissions. The study, published in PLOS #Climate, is the first to link income, especially income derived from #financialinvestments, to the emissions used in generating that income. https://phys.org/news/2023-08-reveals-america-wealthiest-responsible-greenhouse.html #wealth #ClimtateCrisis #environment
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#OnThisDay Vasco da Gama started his journey on the first direct European voyage to India (1497).
First issue of Wall Street Journal was published (1889).
Birth Anniversary of John D. Rockefeller (1839) - widely considered the #Wealthiest American of all time, and the richest person in modern history.
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Rep Golden said it was a “mistake” for Democrats to allow the GOP to define the debt limit debate as simply a question of #spending #cuts (#without #revenues entering into the conversation) and claim the mantle of “fiscal responsibility” — a position he feels they should not be entitled to, given that they added trillions to the federal debt under President Trump.
Instead, he sees a way for Dems to seize the high ground. How? By using the debt limit negotiations to start a conversation about #raising #taxes on the #richest Americans and #wealthiest #corporations.
“We should engage in this debate rather than trying to avoid it by demanding a clean debt ceiling raise,” Golden said. “Let’s call [#Republicans] out on their fiscal #irresponsibility and let’s welcome them to the table for a real solution, which I think means reducing #spending — because that is the environment we’re in, with a divided government anyways — and raising #revenues to put towards that reduction.”
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"I think I should be granted the #ability to #inflict my multiple #health conditions on random #billionaires at will.
We’d have a #cure for just about #everything in under five years.
#Everyone being like “but we wouldn’t have access to #treatment” as though some of the world’s #wealthiest #assholes don’t run health #insurance #companies and I wouldn’t use this power to enforce health care reform and force them to write the deal in their own #blood like the wrath of an #angry #god.
Be not afraid? No fuck you. Be afraid, be very afraid."
https://www.tumblr.com/161afa1312acab/715356971083153408?source=share
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T of F? #XiJinping is the #wealthiest person in the world. Vote then head to http://Factland.org to debate and earn rewards. https://demo.factland.org/claims/xi-jinping-is-the-wealthiest-person-in-the-world-YdfSuOuXXY
