As the wealthiest 1 percent amass unprecedented riches, inequality deepens, posing a dire threat to democracy and the planet, urging a reevaluation of global tax policies. Source Views: 0
Posts Tagged ‘wealth’
Global inequality surges as top 1% capture $42 trillion in new wealth over past decade
Day before Trump assassination attempt, Austin Private Wealth reported MASSIVE short bets on $DJT and $RUM stocks â similar to stock bets placed right before 9/11
(NaturalNews) Just like what happened before the 9/11 terrorist attacks in 9/11, an asset manager – in this case Austin Private Wealth LLC – took out massive… Source Views: 0
Visualizing Wealth Distribution In America (1990-2023)
Wealth distribution in America has become increasingly concentrated since 1990. Today, the share of wealth held by the richest 0.1% is currently at its peak, with households in the highest rung having a minimum of $38 million in wealth. Overall, roughly 131,000 households fall into this elite wealth bracket. This graphic, via Visual Capitalist’s Marcus Lu, charts patterns in […]
Wealth over fairness: Shocking report unveils tax favoritism for the rich in 41 US states
According to the report, in 41 out of 50 states, the wealthiest 1 percent are subjected to lower tax rates compared to other income groups. Source Views: 0
Sickening Profits — The Global Food System’s Poisoned Food and Toxic Wealth
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Visualizing The 25 Best Stocks By Shareholder Wealth Creation Since 1926
Visualizing The 25 Best Stocks By Shareholder Wealth Creation Since 1926 Out of 28,114 publicly-listed U.S. companies analyzed over the last century, the 25 best stocks have created nearly a third of all shareholder wealth. Put another way, as Visual Capitalist’s Jenna Ross and Joyce Ma detail below, just 0.1% of stocks have added over $17.6 trillion […]
Germans Have “Moral Obligation” To Sacrifice Living-Standards & Wealth, Claims Green Party MP
Germans Have “Moral Obligation” To Sacrifice Living-Standards & Wealth, Claims Green Party MP Authored by John Cody via Remix News, Germans are facing an increasing range of economic problems, including recession, inflation, falling real wages, and even the beginnings of deindustrialization, but Green Party MP Green Party Johannes Wagner is claiming that Germans have a “moral duty” […]
Elon Musk’s ‘Project Omega’ Could Be a Golden Ticket to Wealth
A radical piece of technology that Elon Musk, Peter Thiel, and a few other Silicon Valley Insiders are involved with is on track to mint more millionaires and billionaires than the internet. Source Views: 0
Interview 1818 – Wealth Transfer and Population Control on CHD TV
via CHD.TV: “They’re not talking about health, they’re talking about a transfer of wealth.” James Corbett and James Roguski return to ‘Good Morning CHD’ with Dr. Meryl Nass to chronicle the latest on the WHO and global control efforts. The post Interview 1818 – Wealth Transfer and Population Control on CHD TV first appeared on The […]
US Household Wealth Rebounded to $147.7 Trillion in 4th Quarter
Dr. Andrew Glass, DPM, is a podiatrist with more than 20 years of experience at NY Podiatric Medicine and Surgery. He is board-certified by the American Board of Multiple Specialties in Podiatry (ABMSP). Rising stock market prices pumped wealth back into Americans’ pockets at the end of last year, but declining property values, slowed credit […]
How worker ownership builds community wealth and a more just society
Community wealth building initiatives are taking hold in cities across the world, strengthening worker pay, local economies and democracy. Source Views: 0
California Democrats consider wealth tax — including for people who moved out of state
California Democrats consider wealth tax — including for people who moved out of state. California lawmakers are pushing legislation that would impose a new tax on the state’s wealthiest residents — even if they’ve already moved to another part of the country. Source Views: 0
Australia Is One of the World’s Richest Countries, Global Wealth Report Shows
Australia is among the richest countries in the world, ranked fifth in terms of household wealth on a country-by-country basis, with average wealth per capita rising above US$50,000, according to a Credit Suisse report. Australia, which accounts for just 0.5 percent of the global population, ranked fourth in the world for the number of millionaires as […]
Fresh Demand for U.S. and E.U. to Transfer Wealth Through ‘Climate Reparations’
A call for a host of taxes on the U.S. and European nations designed to transfer wealth to economies confronting “the cost of drought, floods and superstorms made worse by rising temperatures” was renewed Wednesday at a U.N. climate conference in Germany. Views: 0
‘Can’t afford’ build back better? US billionaires saw $1 trillion wealth boom in 2021 alone
Image credit: Wikipedia A new analysis out Tuesday shows that the nearly 750 billionaires in the United States saw their combined wealth soar by $1 trillion in 2021, a 25% jump that—if taxed—would be enough to fully fund major priorities in Democrats’ stalled Build Back Better package. According to fresh number-crunching by Americans for Tax Fairness (ATF), Tesla […]
Billionaires increased wealth by $3.6 trillion in 2020, as millions died from global pandemic
The World Inequality Report 2022, released by the global research initiative World Inequality Lab, found that the COVID-19 pandemic has widened the financial gap between the rich and poor to a degree not seen since the rosy days of world imperialism at the turn of the 20th century. The world’s billionaires enjoyed the steepest increase […]
‘Stop F*cking Talking’: Some House Democrats Oppose Radical Wealth Tax
A few House Democrats on Tuesday vocally opposed the recently proposed radical wealth tax applied to assets that have increased in value but have not yet been sold. The tax, proposed by Sen. Ron Wyden (D-OR) to reduce infighting among the far-left and the “moderate” Democrats, has likely fallen flat. Rep. Dan Kildee (D-MI) told […]
Public health or private wealth? How digital vaccine passports pave way for unprecedented surveillance capitalism
The titans of global capitalism are exploiting the Covid-19 crisis to institute social credit-style digital ID systems across the West. The death by starvation of Etwariya Devi, a 67-year-old widow from the rural Indian state of Jharkhand, might have passed without notice had it not been part of a more widespread trend. Like 1.3 billion of […]
GREAT RESET: 1% of Americans Now Own More Wealth Than the Entire Middle Class
GREAT RESET: 1% of Americans Now Own More Wealth Than the Entire Middle ClassDate: October 20, 2021Author: Nwo Report Source: Richard MoorheadFederal Reserve data published earlier last week indicates that the wealthiest one percent of Americans now possess more wealth than the entire middle class.The United States’ economic trend towards an oligarchy accelerated during […]