#wealth-inequality
#wealth-inequality

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

AI advancements threaten to widen wealth inequality, prompting calls for universal basic income (UBI) to support all adults financially.

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

The national debt poses significant risks to the U.S. economy, especially as it surpasses GDP and prompts concerns from experts.

2 days ago

US politics

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

UK politics

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

fromThe Atlantic

US politics

The Mother of All Tax Loopholes

fromwww.npr.org

US news

Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?

Artificial intelligence

fromBusiness Insider

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

AI advancements threaten to widen wealth inequality, prompting calls for universal basic income (UBI) to support all adults financially.

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

The national debt poses significant risks to the U.S. economy, especially as it surpasses GDP and prompts concerns from experts.

2 days ago

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

Trump's budget bill reduces wealth for the poorest while benefiting the richest, exacerbating economic inequality.

UK politics

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

The Hinduja family's wealth highlights the growing wealth inequality in the UK, with an extreme gap between the rich and the average person.

fromThe Atlantic

The Mother of All Tax Loopholes

Billionaires utilize a loophole known as 'Buy, Borrow, Die' to avoid taxes on vast fortunes and inheritance.

fromwww.npr.org

US news

Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?

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

New York's wealth and inequality reflect a complex socio-economic landscape that is often overlooked.

fromNew York Focus

A Powerful Bronx Politician Dines on Developers' Double Donations

New York embodies stark contradictions of wealth and inequality, diversity and segregation, ambition and inaction.

fromnysfocus.com

3 days ago

5 Key Takeaways From Our Investigation Into Sewer Service'

New York's wealth coexists with extreme inequality, highlighting contradictions in prosperity and social issues.

fromNew York Focus

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

New York's wealth and inequality reflect a complex socio-economic landscape that is often overlooked.

fromNew York Focus

A Powerful Bronx Politician Dines on Developers' Double Donations

New York embodies stark contradictions of wealth and inequality, diversity and segregation, ambition and inaction.

fromnysfocus.com

3 days ago

5 Key Takeaways From Our Investigation Into Sewer Service'

New York's wealth coexists with extreme inequality, highlighting contradictions in prosperity and social issues.

more#new-york

#economic-mobility

fromConde Nast Traveler

US news

These Are the Wealthiest Cities in the US in 2025

4 days ago

US news

Richest County in Every State

fromConde Nast Traveler

US news

These Are the Wealthiest Cities in the US in 2025

4 days ago

US news

Richest County in Every State

more#economic-mobility

4 days ago

Will Black Americans Vote for a Socialist-Zohran Mamdani?

The tradition of collective care in Black churches influences political views on social welfare and challenges the labeling of such support as 'socialist.'

Poorest County in Every State

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

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

The wealth gap has dramatically increased post-2024 election, sparking concern over an oligarchic shift in democracy.

Retirement

Poorest County in Every State

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

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

The wealth gap has dramatically increased post-2024 election, sparking concern over an oligarchic shift in democracy.

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

Current government policies under Trump's administration lead to widespread suffering and death, echoing historical atrocities sanctioned by law.

#satire

NYC politics

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

Silicon Valley

Tech-bro satire Mountainhead is an insufferable disappointment

NYC politics

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

Silicon Valley

Tech-bro satire Mountainhead is an insufferable disappointment

more#satire

#trump-administration

fromThe New Yorker

Trump's Government of Billionaires

Donald Trump's administration exemplifies the influence of wealth in politics, raising concerns about corruption and accountability.

Trump Is Waging War on the Poor

The wealth of the richest surged by $64 billion post-Trump's 2024 election win, indicating an oligarchic shift in governance.

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

Trump's proposed bill could significantly increase wealth inequality in the U.S.

Federal judges are contemplating contempt charges against Trump's administration for ignoring court rulings.

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

Only wealthy individuals can feasibly challenge the Trump administration legally due to a new financial requirement in a recent GOP-controlled spending bill.

fromThe New Yorker

Trump's Government of Billionaires

Donald Trump's administration exemplifies the influence of wealth in politics, raising concerns about corruption and accountability.

Trump Is Waging War on the Poor

The wealth of the richest surged by $64 billion post-Trump's 2024 election win, indicating an oligarchic shift in governance.

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

Trump's proposed bill could significantly increase wealth inequality in the U.S.

Federal judges are contemplating contempt charges against Trump's administration for ignoring court rulings.

more#trump-administration

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

Only wealthy individuals can feasibly challenge the Trump administration legally due to a new financial requirement in a recent GOP-controlled spending bill.

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

Criticism of the wealthy avoiding taxes often overlooks the complexity of income types, such as profit sharing and passive income.

Many business owners use profit sharing, which can lead to misconceptions about their tax contributions.

Non-profit organizations

fromwww.mercurynews.com

Opinion: Money will be tight. Americans will suffer. Will top 10% step up?

The Tax Cuts and Jobs Act disproportionately benefited the wealthy, leading to potential tax increases for lower- and middle-class families post-2027.

fromwww.esquire.com

Trump and House Republicans Once Again Back the Wealthy with New Bill

The populist strain in Republican politics has lessened, leading to a continuation of tax breaks favoring the wealthy.

Republicans Debate Higher Taxes on the Rich

Republicans are considering a tax increase on the wealthy to fund tax cuts for lower-income Americans.

fromwww.standard.co.uk

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

The UK experienced a record decline in billionaires due to a crackdown on non-dom tax status.

philosophy

Inheritance & Welfare

Startup companies

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

Criticism of the wealthy avoiding taxes often overlooks the complexity of income types, such as profit sharing and passive income.

Many business owners use profit sharing, which can lead to misconceptions about their tax contributions.

Non-profit organizations

fromwww.mercurynews.com

Opinion: Money will be tight. Americans will suffer. Will top 10% step up?

The Tax Cuts and Jobs Act disproportionately benefited the wealthy, leading to potential tax increases for lower- and middle-class families post-2027.

fromwww.esquire.com

Trump and House Republicans Once Again Back the Wealthy with New Bill

The populist strain in Republican politics has lessened, leading to a continuation of tax breaks favoring the wealthy.

Republicans Debate Higher Taxes on the Rich

Republicans are considering a tax increase on the wealthy to fund tax cuts for lower-income Americans.

fromwww.standard.co.uk

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

The UK experienced a record decline in billionaires due to a crackdown on non-dom tax status.

philosophy

Inheritance & Welfare

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

Cutting IRS staff could cost the U.S. $395 billion in a decade and enable the rich to evade taxes.

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

The recent budget bill exemplifies a significant wealth transfer from low-income Americans to the wealthy with massive cuts to social programs.

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

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

US Elections

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

Cutting IRS staff could cost the U.S. $395 billion in a decade and enable the rich to evade taxes.

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

The recent budget bill exemplifies a significant wealth transfer from low-income Americans to the wealthy with massive cuts to social programs.

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

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

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

Extreme wealth is accelerating, concentrating power among a few billionaires, exacerbating inequality.

There is a pressing need to tax the wealthy to address disparity and fund essential initiatives.

Publish tax returns to flush out dodgers | Brief letters

Public disclosure of tax returns could expose tax evasion among the wealthy.

The ongoing debate about welfare cuts frames economic measures against their social impact.

fromwww.cbc.ca

Canada news

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

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

Extreme wealth is accelerating, concentrating power among a few billionaires, exacerbating inequality.

There is a pressing need to tax the wealthy to address disparity and fund essential initiatives.

Publish tax returns to flush out dodgers | Brief letters

Public disclosure of tax returns could expose tax evasion among the wealthy.

The ongoing debate about welfare cuts frames economic measures against their social impact.

fromwww.cbc.ca

Canada news

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

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

A proposed bill to limit rent for wealthy co-op owners raises concerns over contract rights and potential negative impacts on New York's business climate.

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

The top 1% of Americans own over 13% of real estate, highlighting extreme wealth concentration in property ownership.

NYC real estate

The State Where Rich People Can Buy A Cheap Mansion

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

The top 1% of Americans own over 13% of real estate, highlighting extreme wealth concentration in property ownership.

NYC real estate

The State Where Rich People Can Buy A Cheap Mansion

Measure in GOP Bill Incentivizes School Privatization Funders With Tax Breaks

House GOP's tax package rewards private school funding with capital gains tax exemption, escalating public education privatization.

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

Climate activists are essential in the fight against the climate crisis, confronting the wealthy's excessive carbon footprints.

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

The wealthiest 10% are largely responsible for global heating, intensifying climate impacts on the poorest regions.

There's a clear link between wealth, greenhouse gas emissions, and climate disasters.

fromwww.aljazeera.com

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

Progressive taxes on wealth could mitigate climate change impacts by addressing the consumption patterns of the wealthiest individuals.

World news

fromNature

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

The wealthiest 10% significantly drive climate change through their consumption and investments.

fromenglish.elpais.com

Social justice

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

Black Lives Matter

fromBuzzFeed

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

Climate activists are essential in the fight against the climate crisis, confronting the wealthy's excessive carbon footprints.

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

The wealthiest 10% are largely responsible for global heating, intensifying climate impacts on the poorest regions.

There's a clear link between wealth, greenhouse gas emissions, and climate disasters.

fromwww.aljazeera.com

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

Progressive taxes on wealth could mitigate climate change impacts by addressing the consumption patterns of the wealthiest individuals.

World news

fromNature

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

The wealthiest 10% significantly drive climate change through their consumption and investments.

fromenglish.elpais.com

Social justice

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

Does Social Class Influence Generosity?

Wealthier individuals are slightly more likely to be generous than lower-income individuals, based on extensive research.

#new-york-city

fromTime Out New York

NYC was just named the second-most expensive city in the world

New York City ranks as the second most expensive city globally for housing costs.

fromYahoo Finance

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

New York City's rising wealth is driving middle-class families out due to unaffordable living costs.

fromTime Out New York

NYC was just named the second-most expensive city in the world

New York City ranks as the second most expensive city globally for housing costs.

fromYahoo Finance

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

New York City's rising wealth is driving middle-class families out due to unaffordable living costs.

Worried about a recession? Start rooting for the rich.

Economic recovery post-pandemic is characterized by a spending divide between high-income and lower-income consumers.

from48hills.org

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

The wealthy have taken most economic growth, causing budget crises in local government, schools, and social services.

#television

fromVulture

DC food

Elsbeth Recap: Ultrawealthy, Ultraviolence?

fromPolygon

Video games

Paradise is a murder mystery with a big, fulfilling secret

fromVulture

DC food

Elsbeth Recap: Ultrawealthy, Ultraviolence?

fromPolygon

Video games

Paradise is a murder mystery with a big, fulfilling secret

more#television

Income It Takes To Be Considered Rich In Every State

The American dream, once a core belief in the U.S., is fading; 53% believe it's still possible, but 41% feel it was only a past ideal.

US news

#katy-perry

OMG science

Chat Relentlessly Mocks Katy Perry's "Space Trip"

Women in technology

Katy Perry Says Her Treatment After Bezos Spaceflight Was Horribly Unfair

OMG science

Chat Relentlessly Mocks Katy Perry's "Space Trip"

Women in technology

Katy Perry Says Her Treatment After Bezos Spaceflight Was Horribly Unfair

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

Mimi O'Donnell endorses Zohran Mamdani's progressive platform, emphasizing the need for wealthy supporters to aid the Democratic Socialist agenda.

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

$3.9 trillion was taken from the bottom 90% of Americans in 2023, highlighting grave wealth inequality.

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

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

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

$3.9 trillion was taken from the bottom 90% of Americans in 2023, highlighting grave wealth inequality.

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

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

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

The dismantling of social programs is creating widespread discontent against rich influencers like Elon and misconceptions pushed by political leaders.

#politics

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

Donald Trump's presidency highlights the dangerous influence of billionaire power in politics and their disconnection from everyday realities.

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

Billionaires in power often exhibit a disconnect from the financial struggles of average Americans.

Miscellaneous

Comedian Bill Burr Declares Fking Billionaires' Should Be Put Down Like Rabid Fking Dogs'

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

Donald Trump's presidency highlights the dangerous influence of billionaire power in politics and their disconnection from everyday realities.

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

Billionaires in power often exhibit a disconnect from the financial struggles of average Americans.

Miscellaneous

Comedian Bill Burr Declares Fking Billionaires' Should Be Put Down Like Rabid Fking Dogs'

How the Trump Administration Is Taxing the IRS

Cuts to the IRS are expected to cost the U.S. government trillions in lost revenue, adversely affecting essential services and increasing deficits.

US Elections

from99% Invisible

I've Got 1099 Problems... - 99% Invisible

The complexity of the American tax system is deeply rooted in its historical evolution and social dynamics.

Silicon Valley real estate

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

But there are a few things that I do know that Dimon, for all his infinite wisdom, doesn't seem to have fully grasped.

Digital life

#elon-musk

fromSFGATE

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

The emergence of 'super billionaires' highlights a growing wealth divide, with 24 individuals now worth over $50 billion.

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

The video represents a dangerous vision of wealth and displacement, envisioning a future Gaza as a tourist playground.

It critiques the normalization of wealth while ignoring the plight of marginalized communities.

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

Bill Burr criticizes the elite, specifically Elon Musk, for exploiting everyday Americans and likening Musk's behavior to that of a Nazi.

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

Elon Musk initiated an investigation into how Democratic lawmakers accumulate wealth despite modest salaries, hinting at corruption linked to taxpayer money.

Silicon Valley real estate

London startup

Sledgehammer-wielding Musk critics smash up Tesla in London art project

fromSFGATE

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

The emergence of 'super billionaires' highlights a growing wealth divide, with 24 individuals now worth over $50 billion.

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

The video represents a dangerous vision of wealth and displacement, envisioning a future Gaza as a tourist playground.

It critiques the normalization of wealth while ignoring the plight of marginalized communities.

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

Bill Burr criticizes the elite, specifically Elon Musk, for exploiting everyday Americans and likening Musk's behavior to that of a Nazi.

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

Elon Musk initiated an investigation into how Democratic lawmakers accumulate wealth despite modest salaries, hinting at corruption linked to taxpayer money.

London startup

Sledgehammer-wielding Musk critics smash up Tesla in London art project

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

Peter Diamandis envisions a future of abundance through technology but faces criticism for overlooking wealth inequality.

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

GOP tax cut proposals could cost $7 trillion, disproportionately benefiting the wealthy and corporations.

Startup companies

Six Apparel and Footwear Companies That Could Overtake Nike

Nike faces potential competition as wealth inequality rises and sustainable brands gain traction in the sneaker market.

Opportunity Hoarding IV: Rules of the Game

Opportunity hoarding harms others when parents seek unfair advantages for their children.

fromIrish Independent

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

The report criticized the 2022 Finance Act for breaking the link between salary and pension, creating tax loopholes that enable the wealthy to abuse the system.

UK news

The Mask Is Really Off Now on Tech Billionaire Politics

The rise of tech billionaires has shifted from philanthropy to self-serving libertarianism.

Silicon Valley

fromFast Company

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

Bill Gates holds a paternalistic view that his wealth is beneficial, contrasting with other billionaires who face scrutiny.

Modern tech leaders justify wealth concentration by promising social benefits through philanthropy.

fromSlate Magazine

The Mask Is Really Off Now on Tech Billionaire Politics

The rise of tech billionaires has shifted from philanthropy to self-serving libertarianism.

Silicon Valley

fromFast Company

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

Bill Gates holds a paternalistic view that his wealth is beneficial, contrasting with other billionaires who face scrutiny.

Modern tech leaders justify wealth concentration by promising social benefits through philanthropy.

more#tech-billionaires

The Unfairness of College Admissions

College admissions reveal systemic unfairness, where both legal and illegal advantages favor the wealthy over the underprivileged.

fromNon Profit News | Nonprofit Quarterly

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

Local economic policy and planning often exclude residents' input, favoring wealthy developers.

Tax Increment Financing (TIF) often benefits elites at the expense of taxpayers.

Democracy Dies at "The Washington Post"

Bezos argues for more attention to billionaire capitalism, despite criticism of wealth inequality and historical skepticism of oligarchy.

fromApaonline

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

Oligarchy exemplifies the undue influence of wealth on politics, raising questions about decoupling wealth from political power.

Democracy Dies at "The Washington Post"

Bezos argues for more attention to billionaire capitalism, despite criticism of wealth inequality and historical skepticism of oligarchy.

fromApaonline

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

Oligarchy exemplifies the undue influence of wealth on politics, raising questions about decoupling wealth from political power.

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

Private equity firms prioritize profit extraction over long-term viability of companies, impacting various sectors negatively.

Did Baby Boomers Really Ruin the Balance of Economic Inequality?

The 'OK boomer' phrase highlights generational frustration toward Baby Boomers and suggests a deeper look into the roots of economic inequality.

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

Ray Dalio warns that failing to reduce the government deficit to 3% of GDP could lead to an economic crisis.

Retirement

The Biggest Waste-of-Money Purchases in the Whole World

Extreme wealth can lead to outrageous spending habits that highlight societal inequalities.

Miscellaneous

fromThe Atlantic

The Other Fear of the Founders

America's founders feared not only demagogues but also a wealthy elite undermining democracy by aligning with populists.

What Trump Voters Want for the Future of America

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

Digital life

Portland

fromPortland Mercury