Tag: wealth (page 3 of 4)

You can’t own the Sea

No matter how rich you are … The deaths aboard the Titan submersible are a tragedy — a tragedy born of the hubris of the ultra-wealthy.

Read Jacobin’s article

Why Billionaires Hate Social Security

The real goal of billionaire-funded Social Security rhetoric is to prevent the public from drawing a connection between Social Security’s finances, the working-class retirement crisis, and the ludicrous amounts of wealth held by America’s billionaires.

Read this most interesting article

The first trillionaire: no cause for celebration

I explained back then how tax policy was supercharging the accumulation of obscene fortunes in America. Policy makers, I noted, had lifted the lid on wealth accumulation by decreasing taxes on inheritances and income from capital. That policy failure would go on to become substantially worse in 2017 with the passage of the Tax Cuts and Jobs Act.

Others would see this same ominous trend. In an interview with CNBC, several experts recognized the distinct possibility the world would have its first trillionaire by 2039, the year CNBC would turn 50.

Read the article by ‘Veteran tax attorney Bob Lord, an Institute for Policy Studies associate fellow, is currently serving as a senior advisor on tax policy for Patriotic Millionaires.

The billionaires that threaten democracy

They prioritize capital, not people …

The Billionaires Who Are Threatening Democracy – The Atlantic

The ultra-rich are destroying the Earth

but even more: they are hurting the poor…

Two new scientific papers break down how the rich are destroying Earth | Salon.com

How the world’s billionaires got so rich 2023?

Yes, how?

How The World’s Billionaires Got So Rich 2023 (forbes.com)

You don’t have to be intelligent to become rich

But then, what is needed?

Highest earning men aren’t especially intelligent. Why? – Big Think

New Report on Wealth tax and potential revenue

An annual wealth tax on the world’s richest could raise 1.7 trillion US$

Read the report

The world’s first trillionaire

When will it be? Who will it be?

When the world could see a trillionaire | The Week

A Warning for Today’s Super Rich From Ancient Rome’s Wealthiest Man

An interesting story from Ancient Rome: A Warning for Plutocrats From Ancient Rome’s Wealthiest Man | Time

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