#Politics #Oligarchy #WealthInequality
www.nytimes.com
Opinion | The Donald Trump 1 Percent Fan Club
Mr. Edsall, a contributing Opinion writer, comments weekly from Washington on politics and demographics.
President Trump is distributing executive patronage -- from pardons to favorable regulatory decisions -- to privileged groups, including those willing to contribute to his preferred committees and causes and those who invest in the Trump family's crypto businesses.
#Taxation #WealthInequality #PublicFunding
www.newsweek.com
Map shows states trying to advance higher taxes on the ultra-wealthy
All across the country, lawmakers from both sides of the political spectrum are staring down at strained budgets and considering their options to keep state finances afloat and continue funding key public services.
#ClimateChange #Sustainability #WealthInequality
www.yahoo.com
Government officials and business execs slammed over concerning behavior ahead of World Economic Forum: 'It's pure hypocrisy'
Oxfam has warned that the wealthiest 1% of people, who often use private jets, are responsible for a disproportionate amount of harmful carbon pollution that contributes to climate change and excess deaths due to heat.
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#CaliforniaTax #WealthInequality #PoliticalDebate
www.bloomberg.com
Can Newsom Stop California's Billionaire Tax?
The proposed tax, which would impose a tax of up to 5% on California residents with assets valued at more than $1 billion, is still just a proposal and has not yet been put to voters, but it has already sparked opposition from some billionaires and tech executives.
#WealthInequality #Globalization #AIImpact
www.investopedia.com
BlackRock CEO Larry Fink: 'What Happens to Everyone Else' If AI Fuels Inequality?
The top 1% of Americans now hold 31% of household wealth while the bottom 50% own just 2. 5%, according to Federal Reserve data, a gap that has widened since 1989.
#WealthInequality #EconomicDisparity #KShapedEconomy
www.aol.com
Wealth inequality in America just hit its widest gap in three decades.
Data from the Federal Reserve shows that the so-called K-shaped economy in America is alive and well, with low- and middle-income households falling further behind as the richest Americans pull away.
#WealthInequality #EconomicImpact #TrumpAdministration
www.forbes.com
Majority Of Surveyed Millionaires Think Trump Is Damaging Global Economic Stability
Six in 10 respondents said Trump, who is a billionaire, has had a negative impact both on global economic stability and on affordability for everyday people since he took office last January.
#Oligarchy #WealthInequality #MediaConsolidation
www.foxnews.com
Bernie Sanders implies CBS is part of 'oligarchy' controlling US while on network's 'Late Show'
Sanders cited Elon Musk's $270 million election spending and CBS owner Larry Ellison's media empire as examples of concentrated power
NEWYou can now listen to Fox News articles.
#WealthInequality #TaxTheRich #GlobalEconomy
www.businessinsider.com
Millionaires ask leaders at Davos to tax the rich
Oxfam said this week that a record number of billionaires were created last year.
Nearly 400 people who say they are "a person of wealth" signed an open letter calling for global leaders to increase taxes on the superrich.
#IranProtests #WealthInequality #SocialMediaInfluence
www.yahoo.com
'Rich kids' of Iran flaunt wealth and incite rage -- reportedly 'partying' in nightclubs as blood runs in the streets
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article.
#Iran #Protests #WealthInequality
nypost.com
'Rich kids' of Iran flaunt wealth and incite rage -- reportedly...
As horrific details of the Iranian government's suppression of protesters emerge -- with internal estimates counting more than 10,000 among the dead -- the country's young, wealthy elite are inciting further rage by continuing to flaunt their lavish lives online as they have for years, as if the nation weren't on the brink of collapse outside of their privileged bubble.
#WealthInequality #AIEconomy #CapitalismReform
www.businessinsider.com
Capitalism has failed to spread wealth and prosperity -- and AI could do the same, says BlackRock CEO
The concentration of wealth could repeat in the AI era, he added.
Larry Fink, the CEO of BlackRock, the world's largest asset management firm, kicked off the World Economic Forum on Tuesday with a critique of capitalism.
