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.
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.
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.
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.
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.
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.
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.
With Trump's election, extending expiring tax cuts should be 'easy'
Trump and Republicans are likely to extend individual tax cuts that primarily benefit wealthy households, increasing national debt.
What Trump Means for Tips
The first Trump administration significantly boosted luxury spending among affluent diners and servers, leading to record financial gains for restaurant workers.
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.
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.
With Trump's election, extending expiring tax cuts should be 'easy'
Trump and Republicans are likely to extend individual tax cuts that primarily benefit wealthy households, increasing national debt.
What Trump Means for Tips
The first Trump administration significantly boosted luxury spending among affluent diners and servers, leading to record financial gains for restaurant workers.
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.
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.
Death and Taxes
The federal estate tax is losing effectiveness, collecting far less due to policy changes despite wealth growth among the richest Americans.
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
Sen. Ron Wyden proposed taxing the ultra-wealthy to fund Social Security rather than cutting benefits, highlighting a critical funding solution.
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.
The reality of Kamala Harris' plan to tax unrealized capital gains
Kamala Harris endorsed a tax on unrealized capital gains impacting only the wealthiest, sparing most tech founders.
What is inheritance tax and why might Reeves target it in her budget?
Inheritance tax changes may be proposed to close loopholes benefiting the wealthy and raise revenue, amidst rising property values pulling more estates into the tax net.
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.
Death and Taxes
The federal estate tax is losing effectiveness, collecting far less due to policy changes despite wealth growth among the richest Americans.
US Could Fully Fund Social Security by Targeting Wealthy Tax Dodgers, Wyden Says
Sen. Ron Wyden proposed taxing the ultra-wealthy to fund Social Security rather than cutting benefits, highlighting a critical funding solution.
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.
The reality of Kamala Harris' plan to tax unrealized capital gains
Kamala Harris endorsed a tax on unrealized capital gains impacting only the wealthiest, sparing most tech founders.
What is inheritance tax and why might Reeves target it in her budget?
Inheritance tax changes may be proposed to close loopholes benefiting the wealthy and raise revenue, amidst rising property values pulling more estates into the tax net.
The surprising truth about wealth and inequality in the West | Aeon Essays
Recent research suggests asset ownership expansion, not taxation or war, is the key driver of wealth equality in the last century.
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.
Calls for 10,000 citizen's inheritance' for all 30-year-olds
Proposing a 10,000 citizen's inheritance for 30-year-olds to address wealth inequality shifts between generations
Analysis shows millennials are set to inherit 1.5trn wealth, deepening current inequalities
The surprising truth about wealth and inequality in the West | Aeon Essays
Recent research suggests asset ownership expansion, not taxation or war, is the key driver of wealth equality in the last century.
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.
Calls for 10,000 citizen's inheritance' for all 30-year-olds
Proposing a 10,000 citizen's inheritance for 30-year-olds to address wealth inequality shifts between generations
Analysis shows millennials are set to inherit 1.5trn wealth, deepening current inequalities
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.
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.
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.
The ultra-rich are increasingly using private jets for short-term flights, racking up global emissions from a tiny fraction of the population
The increasing use of private jets by the wealthy is exacerbating climate change, with significant CO2 emissions from a small fraction of the population.
Superyacht and private jet tax could raise 2bn a year, say campaigners
Fair taxation on luxury items like superyachts and private jets can provide substantial funds to combat climate impacts on vulnerable communities.
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.
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.
The ultra-rich are increasingly using private jets for short-term flights, racking up global emissions from a tiny fraction of the population
The increasing use of private jets by the wealthy is exacerbating climate change, with significant CO2 emissions from a small fraction of the population.
Superyacht and private jet tax could raise 2bn a year, say campaigners
Fair taxation on luxury items like superyachts and private jets can provide substantial funds to combat climate impacts on vulnerable communities.
Democrat billionaires at the DNC want you to know: Billionaires are eeeeeevil
Democrats criticize billionaires while many party members, including leaders, are themselves billionaires, showcasing hypocrisy in their economic narratives.
As the American Dream dies, Americans struggle with their billionaires
American sentiment towards billionaires is shifting, emphasizing accountability and fairness in an economy that favors the wealthy.
The Wealthiest Women in the World
Most of the wealthiest women billionaires are heiresses.
Trump's victory adds record $64bn to wealth of richest top 10
Wealth of the world's 10 richest surged dramatically post-Trump's election, primarily due to rising US stock prices and investor optimism for low taxes.
Bernie Sanders Spars With Fox's Hillary Vaughn Over Proposed 32 Hr Work Week: Excuse Me!'
Sanders proposes a 32-hour workweek bill without pay reduction
Sanders emphasizes the need for fair taxation on billionaires
Democrat billionaires at the DNC want you to know: Billionaires are eeeeeevil
Democrats criticize billionaires while many party members, including leaders, are themselves billionaires, showcasing hypocrisy in their economic narratives.
As the American Dream dies, Americans struggle with their billionaires
American sentiment towards billionaires is shifting, emphasizing accountability and fairness in an economy that favors the wealthy.
The Wealthiest Women in the World
Most of the wealthiest women billionaires are heiresses.
Trump's victory adds record $64bn to wealth of richest top 10
Wealth of the world's 10 richest surged dramatically post-Trump's election, primarily due to rising US stock prices and investor optimism for low taxes.
Bernie Sanders Spars With Fox's Hillary Vaughn Over Proposed 32 Hr Work Week: Excuse Me!'
Sanders proposes a 32-hour workweek bill without pay reduction
Sanders emphasizes the need for fair taxation on billionaires
An excess of billionaires is destabilising politics just as academics predicted
Elite overproduction signifies a surplus of wealthy individuals without corresponding elite roles, leading to potential political instability.
Billionaires carbon emissions need reigning in, says Oxfam
Tech billionaires' luxury lifestyles lead to extreme carbon emissions that far exceed those of the average individual, exacerbating global inequality and environmental issues.
Readers say Starmer needs time and space to clean out the Tories'
Keir Starmer's Labour government aims to tackle wealth inequality and public service issues while facing media criticism.
From football matches to Taylor Swift tickets, Starmer's penchant for perks is a disconcerting trait | Owen Jones
Labour's recent policies under Keir Starmer reflect choices leading to increased poverty for children and vulnerable populations, alongside a lack of taxation on the wealthy.
Dozen Labour MPs join call for 'extreme wealth' tax
A group of Labour MPs are pushing for a new extreme wealth tax to address growing inequality and fund public services.
Readers say Starmer needs time and space to clean out the Tories'
Keir Starmer's Labour government aims to tackle wealth inequality and public service issues while facing media criticism.
From football matches to Taylor Swift tickets, Starmer's penchant for perks is a disconcerting trait | Owen Jones
Labour's recent policies under Keir Starmer reflect choices leading to increased poverty for children and vulnerable populations, alongside a lack of taxation on the wealthy.
Dozen Labour MPs join call for 'extreme wealth' tax
A group of Labour MPs are pushing for a new extreme wealth tax to address growing inequality and fund public services.
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.
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.
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.
Why America is a Nation of Growing Inequality and Diminishing Returns | Entrepreneur
America is facing a necessary economic correction with rising financial distress among higher-income earners and millennials prevailing.
The illegal maneuvers the rich use to get richer
Wealthy individuals often evade taxes and engage in illegal activities to increase their wealth with little concern for legal consequences.
Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says
Billionaires like Bill Gates wield significant influence in philanthropy; experts suggest learning from MacKenzie Scott's more effective, hands-off approach.
Comedian Escorted Away from Nancy Pelosi After Asking Her What Stocks To Buy: Greatest Options Trader Of All Time!'
Strenger's stunt underscores the tension between political power and personal wealth, reflecting public skepticism towards elite politicians.
If You Do Most Of These Things, You Probably Don't Need To Worry About Kamala's Tax Plan
Kamala Harris's tax proposal aims to tax the ultra-wealthy without raising taxes on those making less than $400,000.
Two takes on billionaires at the DNC
Illinois Governor J.B. Pritzker used his billionaire status to criticize Donald Trump during the Democratic National Convention.
I love it that a two-year-old's paintings have created such a buzz. His brush with branding, less so | Nell Frizzell
A toddler artist has secured lucrative brand deals, highlighting art's controversial nature and wealth disparity.
A new election debate: Should India take from the rich, give to the poor?
Wealth distribution central in India's election dynamics.
What Is a Decent Wage'? France's Michelin Raises a Debate.
Michelin announced a plan to guarantee all employees a decent wage worldwide to ensure financial stability and address wealth inequality within the company.
Bernie Sanders sees red lights flashing for election Bernie Sanders sees red lights flashing for election - Harvard Gazette
Growing income, wealth, and political inequality is a major concern highlighted by Senator Bernie Sanders.
Opinion | It's Time to End the Quiet Cruelty of Property Taxes
Property taxes contribute to racism and wealth inequality
Local officials and tax assessments perpetuate disparities
These Companies Pay Their Executives More Than They Pay in Taxes
Many major U.S. companies pay their top executives more than they pay the IRS, including Tesla, Ford, Netflix, and T-Mobile.
Corporate tax dodging and excessive CEO pay are significant issues that President Biden aims to address by making big corporations and the wealthy pay their fair share of taxes.
Solidarity and strategy: the forgotten lessons of truly effective protest
Oligarchic minority rules due to extreme wealth
Organized numbers are crucial for societal power
Young Reporter: The Ethical Dilemma of Elite Wealth - Favour Osibodu, HGS
Wealth inequality is on the rise globally with a small percentage of ultra-rich individuals holding a significant amount of wealth.
Super-rich individuals potentially have a humanitarian duty to use their wealth for global poverty alleviation.