Trump’s tariffs will especially hurt lower-income Americans, while his tax cuts will especially benefit the wealthy.
The biggest upward redistribution of wealth in history is coming soon
Tag: wealth (page 1 of 5)
The current tax system not only fails to correct and curb wealth hoarding but actively reinforces it, deepening the
racial wealth divide and placing an unfair reliance on middle- and working class families
“In no way do I advocate a serious interpretation of ‘eat the rich,’ a political slogan that has come and gone since the late 18th century. But I am starting to feel a bit peckish.”
Billionaires like Musk are making ‘eat the rich’ great again | Opinion
Democrats want us to believe that there is some cohort of “good billionaires” who can be relied upon to fight for political progress. But as the right-wing turn of tech billionaires like Mark Zuckerberg and Elon Musk suggests, this is nonsense.
Billionaire wealth has risen three times faster in
2024 than 2023. Five trillionaires are now expected
within a decade. Meanwhile, crises of economy,
climate and conflict mean the number of people
living in poverty has barely changed since 1990.
2024 was a good year for billionaires, except in China:
President-elect Donald Trump is stacking his Cabinet with billionaires and centi-millionaires, whose financial entanglements pose conflict-of-interest challenges.
Trump has assembled an uber-wealthy Cabinet, raising risks of ethics conflicts – The Washington Post
Is there not too much silence today?
We need a political movement to fight billionaires | Will Bunch Newsletter
Billionaires are buying elections, all over the world, without changing institutions but throwing democracy in the dustbin
Don’t be distracted by the anti-immigrant rhetoric this electio in the US. The real impact on democracy comes from moneyed elites.
Immigrants or Billionaires—Who’s a Bigger Threat to Democracy? – LA Progressive
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